Inside Long Island Business
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Profits slip at CA Technologies
Photo credit: Kevin P. Coughlin, 2012
Software maker CA Technologies said its third-quarter profits dipped five percent as revenue fell for its mainframe computer programs.
The company, which sells mainframe, storage and security software to large corporations, said revenue fell five percent to $1.2 billion in the three months ended Dec. 31, compared to the same period last year. Net income dropped to $251 million, or 55 cents...