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a set of new and revised tools that share a repository of business. The group forecast revenues over the 12 months to October would fall by between six percent and nine percent. License pricing for Micro Focus Cobol 3.1 for Unix on DEC OSF/1 starts at 1,250. "The recent revenue performance is primarily due to lower than expected licence income and is a result of a number of factors, which management believe to be largely one-off transitional effects of the combination with HPE software." Go long or short on over 8000 share prices, get greater flexibility with direct market access and even buy shares outright. You can use this to help gauge a market’s performance. This is a visual representation of the price action in the market, over a certain period of time. "Since the interim results on 8 January 2018, the rate of year-on-year revenue decline has been greater than anticipated," Micro Focus said in the statement. Micro Focus International PLC chart This markets chart. Micro Focus added that boss Chris Hsu, a former HPE executive, had decided to step down immediately "in order to spend more time with his family and pursue another opportunity".Ĭhief operating officer Stephen Murdoch becomes CEO with immediate effect.
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The company added it was grappling with the impact of its recent $8.8 billion (7.2 billion euro) purchase of software assets of Hewlett Packard Enterprise (HPE). That made it easily the biggest faller on London's benchmark FTSE 100 index, which was down 1.25 percent overall. Micro Focus warned in a statement that year-on-year revenues had fallen by more than anticipated since January, sending its shares slumping 55.88 percent to 831.40 pence.