Revenues, earnings ‘solid’ at CA Technologies
A nip-and-tuck bottom-line battle between software-based revenues and subscription fees turned profitable for CA Technologies, according to the digital solutions provider’s quarterly earnings statement. Reporting Oct. 27 on the second quarter of its 2017 fiscal year, the New York City-based software maker counted $1.02 billion in quarterly revenues, a 1.3 percent increase over 2Q FY2016. North American revenues increased 2 percent year-over-year while international revenues were reported flat. As for the overall quarterly revenue increase,…