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Inside Long Island Business

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Profits slip at CA Technologies

Islandia-based CA Technologies won its appeal against the

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...

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