Micro Focus International FY Net Profit Rises Despite Marginal Drop In Revenue

6/21/2012 2:35 AM ET

Micro Focus International Plc (MCRO.L) Thursday released the preliminary results for the full year ended 30th April 2012, stating that diluted earnings per share for the year increased sharply despite marginal decline in reported revenue for the year.

The provider of innovative software revealed that Profit for the year increased to $120.62 million, or 64.11 US cents per diluted share, higher that profit of $96.44 million, or 46.15 US cents per diluted share reported for the previous year.

Total Revenue for the full year declined marginally to $434.84 million from $436.13 million reported for the previous year.

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by RTT Staff Writer

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