CA has reported revenue of $1.07 billion in the second quarter of fiscal year 2010, a decrease of 3% compared to $1.02 billion in the same period last year.
The operating income, before interest and income taxes, increased by 3% to $339m, compared to same period last year. It increased by 9% in constant currency. Operating margin improved by 2 percentage points to 32%, compared to same period a year ago.
Total expenses, before interest and income taxes, were $733m in the second quarter, down by 6% compared to the prior year and down 2% in constant currency. Total expenses in the first half of fiscal year 2010, before interest and income taxes, amounted to $1.458 billion, a decrease of 6% in the same period last year.
The company has posted a net income of $218m, an increase of 8% compared to $202m in the second quarter of prior year. Diluted EPS was $0.41, an increase of 5% compared to $0.39.
Geographically, North American revenue was $628m, up 3% in constant currency and 2% when compared to the same period last year. International revenue was $444m, down 2% in constant currency and down 10% compared to same period last year.
John Swainson, CEO of CA, said: Our first half performance leaves CA well positioned for the second half of the year. We grew revenue on a constant currency basis, focused on operational efficiencies that drove bottom line results on both a GAAP and non-GAAP basis and generated cash flow from operations up 62% in constant currency and 40 percent as reported from the first half of fiscal year 2009.
The company expects total revenue growth to be in the range of 2% to 4% in constant currency, rather than at the high end of the range as previously forecast. CA also raised its forecast for diluted earnings per share in constant currency to a range of 18% to 27% from the previous 18 to 26%.
