CA Technologies 3Q revenue up 4 percent
CA Technologies' revenue rose 4 percent to $1.2 billion in the fiscal third quarter ended Dec. 31, compared with a year ago, the Islandia-based software maker announced Tuesday in a conference call with investors.
The company attributed about half of that growth to acquisitions. Along those lines it announced that it has acquired Torokina Networks, an Australian company that provides network support for mobile voice and data markets.
The company also said it has signed an agreement with Microsoft to develop services in the cloud, or over the Internet.
Earnings per share rose 11 percent to 51 cents per share. The company said its North America revenue growth of 7 percent was "partially offset" by worldwide sales that grew by just 1 percent.
The company's stock closed down 21 cents, to $25.36 a share, in Nasdaq trading Tuesday, still near its 52-week high of $25.68.
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