US software provider CA Technologies (NYSE: CA) reported net profits of US$200mn during Q3 of its 2011 fiscal year ending December 31, according to the company's latest financial results.
Earnings for 3Q11 were down 22.2% from US$257mn during the same quarter the previous year. Revenues for 3Q11 were US$1.17bn, up 4% (or 5% considering currency fluctuations) over 3Q10 revenues of US$1.12bn.
During the quarter, 60% of CA's revenue came from North American operations, and the rest from other regions. North American revenue was US$697mn, posting 7% growth over 3Q10, while international revenue was US$468mn, down 1% - or up 1% in constant currency terms - over the same quarter the previous year.
CA said it signed 15 license agreements during 3Q11 with aggregate values of more than US$10mn, totaling US$456mn, down from 16 agreements for a total of US$514mn during the same quarter in the 2010 fiscal quarter. Also during 3Q11, CA completed its acquisition of US firm Arcot Systems in a US$200mn all-cash transaction.
The company updated its outlook for the 2011 fiscal year, saying it now expects revenues of US$4.48bn-4.55bn, representing growth of between 4% and 5%, up from the previous expectations of 3-5%.
In its 3Q11 financial results, CA also announced the acquisition of Sydney, Australia-based telecoms management solutions provider Torokina Networks.
Use this link to access the full results.