Micro Focus says most of sales shortfall will drop through to earnings
Micro Focus Intl said it
had little scope to mitigate a cut in its revenue guidance
before its Oct. 31 year-end as its cost cutting programmes were
already well advanced, meaning most of the shortfall would fall
through to the core earnings line.
had little scope to mitigate a cut in its revenue guidance
before its Oct. 31 year-end as its cost cutting programmes were
already well advanced, meaning most of the shortfall would fall
through to the core earnings line.
Posted by Reuters
