CA, Inc. (CA) Tops Q2 EPS by 3c

CA, Inc. (NASDAQ: CA) reported Q2 EPS of $0.65, $0.03 better than the analyst estimate of $0.62. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.09 billion.

CA, Inc. sees FY2014 EPS of $2.40-$2.47, versus the consensus of $2.46. CA, Inc. sees FY2014 revenue of $4.27-4.33 billion, versus the consensus of $4.37 billion.

Mike Gregoire, CA Technologies Chief Executive Officer, made the following comments:

“We are starting to see traction in the market as a result of our efforts. Enterprise Solutions new sales were up for the second consecutive quarter. We continued to see solid performance in connection with renewals and we maintained financial discipline across the business. Although we are pleased with this progress, we remain focused on the work needed to drive sustained revenue growth.

“The Application Economy is transforming business, creating new opportunity and enormous complexity for our customers. CA provides the software solutions businesses need to accelerate innovation, secure applications and manage their rapidly growing IT portfolios across multiple platforms. We are uniquely positioned to help our customers build the new capabilities they need to grow and reduce the complexity they need to manage, and have focused our business on solving these problems.”

For earnings history and earnings-related data on CA, Inc. (CA) click here.

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