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CA Technologies (CA) Tops Q4 EPS by 5c, Revs Beat

May 11, 2017 4:09 PM

CA Technologies (NASDAQ: CA) reported Q4 EPS of $0.54, $0.05 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $995.84 million.

Mike Gregoire, CA Technologies Chief Executive Officer, said:

“CA delivered strong performance both for the full year and the fourth quarter of fiscal 2017. We ended the year with momentum, and our fourth quarter performance enabled us to deliver most metrics at or above the high-end of our full year guidance ranges.

"I am particularly pleased with the quality of both our products and our sales execution. The success of our recent acquisitions gives me confidence that the strategic acquisitions of Automic and Veracode will create meaningful value within our product organization, to the benefit of both our customers and shareholders.

"This is an exciting time at CA. We are very enthusiastic about our opportunities in fiscal year 2018 and beyond. In many ways, we are just getting started."

OUTLOOK FOR FISCAL 2018

The following outlook for fiscal 2018 includes the acquisition of Veracode, assumes no further material acquisitions, includes incremental interest expense associated with the Company\'s March 2017 senior notes issuance, and contains \"forward-looking statements\" (as defined below).

The Company expects the following:*

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

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