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Tuesday, May 9, 2017

Micro Focus disappointed by HPE's falling revenue

LONDON--#MicroFocus International PLC (MCRO.LN), the U.K. software company that last year announced it is buying most of #HewlettPackardEnterprise Co.'s HPE, -0.58% software assets, said it is disappointed with declining revenue at the #HPE business it is buying. Newbury, England-based Micro Focus Tuesday said preliminary estimates show #HPESoftware' s revenue was down by around 10% in the quarter ended April 30, due to declining licensing and professional services.

http://www.marketwatch.com/story/micro-focus-disappointed-by-hpes-falling-revenue-2017-05-09

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