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October 24, 2010

CA Q2 revenue up 10% to $1.1bn

North American revenue up 8%

By CBR Staff Writer

CA has reported revenue of $1.1bn in the second quarter of fiscal year 2011, an increase of 10% compared to $1.0bn in the same period last year.

The operating income, before interest and income taxes, decreased by 2% to $307m in constant currency, compared to same period last year.

Total expenses, before interest and income taxes, were $803m in the second quarter, up by 10% compared to $728m in the period prior year.

Total expenses in the first half of fiscal year 2011, before interest and income taxes, amounted to $1.6bn, compared to $1.4bn in the same period last year.

The company has posted a net income of $222m, compared to $218m in the second quarter of prior year. Diluted EPS was $0.43, compared to $0.41.

Geographically, North American revenue was $675m, up 8% in constant currency and also when compared to the same period last year.

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International revenue was $435m, down 2% in constant currency and also when compared to same period last year.

CA Technologies CEO McCracken said the company recorded a good second quarter and delivered solid financial performance by growing revenue, earnings per share and cash flow.

"I see our second quarter results as a strong indication that our strategy to manage and secure physical, virtual and cloud environments is the right strategy," McCracken said.

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