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PR Newswire: Computer Associates Projects Record Fourth Quarter, $1.63 billion

Apr 29, 1999, 15:24 (0 Talkback[s])

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"Computer Associates International, Inc. (NYSE: CA) today announced that it expects record revenue and earnings results for its fourth fiscal quarter ended March 31, 1999. Total revenue in the quarter will be approximately $1.63 billion, up from $1.47 billion recorded the prior year. Client/server revenue for the quarter is expected to be $802 million, versus the $640 million recorded in the fourth quarter of fiscal 1998. Fourth quarter earnings per share (diluted) are expected to be $.83..."

"Fourth quarter highlights:..."

"Bringing a new level of manageability to Red Hat Linux, CA and Red Hat Software, Inc. announced a far-reaching agreement to aggressively accelerate the adoption of Linux by corporate IT environments. The agreement includes distribution of one million free copies of a jointly bundled product."

Press Release