Micro Focus flags weaker earnings ahead of acquisition by OpenText
14th Nov 2022 07:58
(Sharecast News) - Micro Focus International reported a 7% constant currency fall in full-year revenue in a trading update on Monday, to $2.5bn, ahead of its acquisition by OpenText.
Read moreMicro Focus agrees to £5bn takeover by Canada's OpenText
26th Aug 2022 07:05
(Sharecast News) - Software maker Micro Focus said it had agreed a £5.1bn takeover, including debt, by Canadian rival OpenText.
Read moreMicro Focus underlying earnings fall in H1
22nd Jun 2022 08:47
(Sharecast News) - Software and information technology business Micro Focus posted a drop in first-half underlying earnings on Wednesday as revenues slipped on the back of an unstable macro-economic environment.
Read moreMicro Focus FY losses narrow but revenues dip
8th Feb 2022 07:39
(Sharecast News) - Micro Focus said on Tuesday that it was on track to deliver its FY23 goals as it posted a narrowing of its full-year losses but a drop in revenues.
Read moreDirector dealings: Micro Focus chairman, CFO and partners invest in company
20th Dec 2021 15:33
(Sharecast News) - Micro Focus chairman Greg Lock has increased his shareholding in the company, it said in a regulatory notice on Monday, by 300,000 shares.
Read moreMicro Focus targets up to $500m of cost cuts
30th Nov 2021 08:02
(Sharecast News) - Micro Focus International said it was targeting up to $500m of cost cuts and at least flat revenue by the end of 2023 as the company seeks to turn its business round.
Read moreMicro Focus expects lower FY revenues in 2021
18th Nov 2021 08:04
(Sharecast News) - Software firm Micro Focus warned on Thursday that full-year group revenues were expected to have declined year-on-year despite seeing license revenues improve throughout 2021.
Read moreMicro Focus to sell archiving & risk management portfolio for $375m
3rd Nov 2021 08:40
(Sharecast News) - Software firm Micro Focus has agreed definitive terms to sell its archiving and risk management portfolio - the Digital Safe business - to Smarsh Inc for $375m in cash.
Read moreMicro Focus settles patent dispute with Wapp Tech
16th Jul 2021 08:07
(Sharecast News) - Software and information technology Micro Focus has settled its ongoing patent dispute with Wapp Tech to the tune of $67.5m.
Read moreMicro Focus first-half profit drops
1st Jul 2021 07:42
(Sharecast News) - Micro Focus International's adjusted first-half profit fell 7.7% as the software group's revenue fell.
Read moreMicro Focus appoints Matt Ashley as CFO
1st Jun 2021 07:47
(Sharecast News) - Micro Focus has appointed Matt Ashley as its new chief financial officer with effect from 28 June.
Read moreMicro Focus expects H1 performance ahead of views, shares rally
18th May 2021 08:22
(Sharecast News) - Micro Focus shares surged on Tuesday after the software company said its first-half performance was set to be ahead of market views.
Read moreFTSE 250 movers: Commodity stocks, Direct Line Group and Taylor Wimpey unloved
29th Mar 2021 15:23
(Sharecast News) - Commodity-related issues were weakest on the second-tier index at the start of the week as investors continued to shy away from that segment of the stock market.
Read moreMicro Focus to appeal as jury rules in favour of Wapp in patent litigation case
8th Mar 2021 07:42
(Sharecast News) - Micro Focus said on Monday that it plans to appeal after a jury ruled in favour of US-based Wapp in a patent litigation case, awarding the claimant damages of up to $172.5m.
Read moreMicro Focus surges after signing commercial agreement with AWS
3rd Mar 2021 08:16
(Sharecast News) - Micro Focus shares surged on Wednesday after the software company said it had signed a commercial agreement with Amazon Web Services.
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