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CA Technologies sales up 4% in second quarter

CA Technologies has reported sales of $1.1bn (£700m) for the second quarter of fiscal year 2011, an increase of 4%.

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CA Technologies has reported sales of $1.1bn (£700m) for the second quarter of fiscal year 2011, an increase of 4%.

The firm also announced profits of $222m (£141m) for the period ending 30 September, up 2% from $218m (£139m) from the same quarter last year, while sales increased 4% to $1.1bn (£700m) from $1.07bn (£680m) in 2009.

"We delivered solid financial performance by growing revenue, earnings per share and cash flow," said Bill McCracken, chief executive at CA.

"We also continued to take more steps in support of our corporate strategy by building out our virtualisation management, security management and cloud offerings through a number of key acquisitions and the announcement of new industry-leading solutions," he said.

CA Technologies also announced the acquisition of fraud prevention company, Arcot Systems, to extend its cloud security services.

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