24th May 2016 06:58
LONDON (Alliance News) - Software group Micro Focus International PLC on Tuesday said it finished its financial year well and expects revenue and underlying earnings to be at the top end of its expectations.
Micro Focus said it expects to report that revenue for the year to the end of April grew at the top end of its previous guidance for the year, with revenue to come in around USD1.25 billion, down 1.6% from USD1.27 billion on a pro-forma basis for the year prior. Guidance had been for pro-forma revenue to decline by between 2.0% and 4.0%.
Micro Focus will publish its annual results on July 14.
By Sam Unsted; [email protected]; @SamUAtAlliance
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