26th May 2015 06:33
LONDON (Alliance News) - Software company Micro Focus International PLC Tuesday reiterated its full-year guidance on a pro-forma basis including its acquisition of The Attachmate Group Inc, saying the result "reflects a strong finish" to its recently ended financial year.
Micro Focus expects to post adjusted earnings before interest, tax, depreciation and amortisation, excluding some other exceptional costs and foreign currency gains of at least USD345 million for the year to end-April, on revenues of around USD835 million. This will include a contribution from Attachmate from the period from November 20 2014 to end-April 2015.
On a pro-forma basis and at constant currency, including earnings and revenue from Micro Focus for the year to end-April and for Attachmate for the year to end-March, it expects to post underlying adjusted Ebitda of around USD500 million, on revenue of around USD1.33 billion, in line with guidance it gave at the time of its interim results in December.
Micro Focus said it will publish its full-year results on July 8.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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