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CA Technologies (NASDAQ:CA) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -4.56% to $251 million (63 cents per diluted share) in the quarter versus a net gain of $263 million in the year-earlier quarter. Revenue decreased 4.99% to $1.2 billion from the year-earlier quarter.
CA Technologies reported adjusted net income of 63 cents per share. By that measure, the company beat the mean analyst estimate of $0.61. It beat the average revenue estimate of $1.17 billion.
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