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Micro Focus FY21 Revenue Of C.$2.9 Bln
Micro Focus International Announces Proposed Sale Of Archiving & Risk Management Business
Micro Focus Says Sander Van't Noordende Will Be Taking On Role Of CEO Of Randstad N.V.
Micro Focus International PLC is a United Kingdom-based global infrastructure software technology company. The Company serves a central role in core strategic and operational functions, such as testing, monitoring, delivery, analysis, engagement, security and compliance for its customers. It is focused to help organizations run and transform their business. Its solutions include: Enterprise DevOps, Hybrid information management (IT) management, Predictive Analytics, and Security, Risk & Governance. Its product Portfolio contains approximately 300 products; both long-standing and software products that are designed to support customers and the products are grouped under five groups, such as Application Modernization & Connectivity (AMC), Application Delivery Management (ADM), IT Operations Management (ITOM), Security and Information Management & Governance (IM&G).
Software & Programming
The Lawn, 22/30 Old Bath Road
Greg Hugh Lock
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Matthew Edward Ashley
Chief Financial Officer, Executive Director
Non-Executive Independent Director
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Britain's Micro Focus International on Tuesday laid out a target to end 2023 with flat or slight revenue growth, compared with a provisional 5% decline in 2021, as the software firm benefits from a turnaround plan it launched last year.
U.S. shareholders in Micro Focus International PLC are fighting over a proposed $15 million settlement with the British software company, with some arguing the deal undervalues their claims.
British software company Micro Focus International reported a smaller loss for the first half on Thursday as it slashed costs, and said it had set aside $70 million to resolve a patent infringement dispute with U.S. firm Wapp.
IT firm Micro Focus International said on Wednesday it had joined hands with Amazon.com Inc's cloud computing division to help customers migrate their mainframe applications and workloads to the platform.
British IT company Micro Focus International re-instated its dividend on Tuesday after it made "solid progress" in the first year of its three-year turnaround plan.
Shares of Micro Focus International surged 23% on Wednesday to the top of UK's mid-cap index after the software firm forecast annual margins at the upper end of its expectations and said its turnaround plan was progressing well.
* RECORDED A GOODWILL IMPAIRMENT CHARGE OF $922.2M IN PERIOD (30 APRIL 2019: $NIL)
The U.S. Court of Appeals for the Federal Circuit has declined to relocate a patent case filed against U.S. subsidiaries of British software firm Micro Focus International PLC from plaintiff-friendly East Texas to Delaware.
UK software company Micro Focus International has relaunched an US$835m-equivalent dual-currency term loan to refinance debt, having been forced to postpone the transaction in March due to adverse market conditions.
* MICRO FOCUS INTERNATIONAL PLC - LAUNCH OF A EURO 400M AND A USD 400M SENIOR SECURED TERM LOAN B
Britain's Micro Focus Intl said the coronavirus caused some customers to defer projects and delay renewals in April, resulting in a 11% decline in first half revenue.
Britain's stock markets toppled on Wednesday, as more stimulus measures by policymakers to support global growth failed to quell worries about the economic fallout of the coronavirus pandemic.
British IT company Micro Focus International will not pay a final dividend as part of its plan to brace for the fall out of the coronavirus pandemic, it said on Wednesday.
British IT company Micro Focus Intl <MCRO.L> said its executive chairman Kevin Loosemore would stand down this month after a "challenging year" in which its revenue and core earnings fell short of expectations.
Britain's Micro Focus International is planning to make changes to its proposed pay policy, the software firm said on Thursday, after half its shareholders voted against it earlier this year.
Britain's Micro Focus International is planning to make changes to its proposed remuneration policy, the software firm said on Thursday, after half its shareholders voted against the resolution earlier this year.
Micro Focus International <MCRO.L> will miss its full-year revenue target, prompting an accelerated operations review, sending the British IT group's shares plunging.
British IT group Micro Focus Intl said it would miss its revenue target for the year, blaming weak sales execution compounded by a deteriorating economic environment, and said as a result it would accelerate a review of its operations.
Britain's Micro Focus International reported a higher-than-expected 11% decline in licence revenue in its first half on Tuesday, overshadowing progress in squeezing more profit from the legacy software it provides to companies.
Britain's Micro Focus International reported a 1.8% rise in first-half core earnings to $662 million on Tuesday after it squeezed more profit from the legacy software it provides to companies.
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