CA Technologies has reported revenues of $1.09bn for the first quarter of financial year 2011, an increase of 5% as compared to $1.04bn for the same period last year.
The company posted an operating income of $223m, an increase of 14% compared to $195m of the same period a year ago.
For the first quarter of fiscal 2011, the company reported net income of $217m, an increase of 11.3% as compared to $195m in Q1 FY10. GAAP earnings per share was $0.43, up 16% year-on-year.
Revenues from North American region and International regions totaled $666m and $425m respectively. Segment wise, the company earned revenues of $961m from subscription and maintenance, while it earned revenues of $78m and $52m from from professional services, and software fees and other.
Bill McCracken, CEO of CA Technologies, said: "In fiscal 2011, our focus is on execution as we grow our core mainframe business and continue to build out our product platforms in virtualisation management, service assurance, and identity and access management, which serve as on-ramps to emerging technologies in the cloud and software as a service.
"Working with our existing sales organisation, the new organisations will drive collaboration and accountability across the Company, while enabling CA Technologies to deliver even greater customer service and product innovation."
For fiscal year 2011, CA Technologies is expecting total revenue growth in a range of 3% to 5% and earnings per share growth in a range of 5% to 13%.
