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CA Fiscal 4Q Profit Rises Slightly

Stock quotes in this article: CA  

ISLANDIA, N.Y. (AP) — Information technology management software company CA Inc. said Wednesday that its fiscal fourth-quarter profit rose slightly as cost-cutting moves balanced out a decline in revenue.

For the quarter that ended March 31, CA earned $72 million, or 13 cents per share, compared with $71 million, or 13 cents per share, in the year-ago quarter.

When excluding certain items, the company earned 31 cents per share, which is 2 cents higher than what analysts polled by Thomson Reuters expected. ...

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