=CA Tech (CA) reported 4Q earnings on Tue 26 Jan 2016 (a/h)

CA Tech beats by $0.05, beats on revs; reaffirms FY16 EPS guidance, revs guidance  :

• Reports Q3 (Dec) earnings of $0.63 per share, excluding non-recurring items, $0.05 better than the Capital IQ Consensus of $0.58; revenues fell 5.2% year/year to $1.03 bln vs the $1.00 bln Capital IQ Consensus.
• Co reaffirms guidance for FY16, sees EPS of $2.39-2.45, excluding non-recurring items, vs. $2.38 Capital IQ Consensus Estimate; sees FY16 revs of $3.99-4.03 bln vs. $4.00 bln Capital IQ Consensus Estimate. Note, co currently expects total revenue to be at the lower end of this range due primarily to the greater portion of new sales bookings recognized ratably in 1H16, compared to historical trends.
• Non-GAAP operating margin was 38%, same as prior year period.