(Updates with more detail, comments from conference call.)
CA Inc.’s (CA) fiscal third-quarter profit fell 22% as the business-software maker posted lower operating margins and slipping bookings, though revenue growth topped Wall Street’s expectations.
The Islandia, N.Y.-based company raised its view for the year, projecting adjusted earnings of $1.88 to $1.98 a share on a 4% to 5% increase in revenue. In October, CA projected a profit of $1.85 to $1.97 on a 3% to 5% increase in revenue. …
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