Ups And Downs: The Best And Worst Tech Stocks In The First Half Of 2017
Submitted by Rick Whiting on
CA Technologies
CEO: Michael Gregoire
Dec. 30, 2016: $31.77
June 30, 2017: $34.47
Change: +8.50%
CA Technologies has been reinventing itself with a focus on systems and cloud management, security and DevOps software.
In January CA completed its acquisition of Automic Holding, a provider of business process and IT automation software, in a bid to expand its offerings in the digital transformation arena. And in April the company completed its acquisition of Veracode, a developer of technology used to secure web, mobile and third-party applications throughout the software development life cycle.
For its fiscal 2017 ended March 31, CA reported revenue of $4.04 billion, essentially flat with the $4.03 billion in revenue reported in fiscal 2016. Net income for fiscal 2017 was $775 million, down 1 percent from $783 million one year earlier.