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CORRECTED-BRIEF-Micro Focus says HPE Software Q3 revenue falls 3 percent
September 6, 2017 / 6:12 AM / 2 months ago

CORRECTED-BRIEF-Micro Focus says HPE Software Q3 revenue falls 3 percent

(Fixes headline to show revenue from HPE Software)

Sept 6 (Reuters) - Micro Focus International Plc

* Q3 revenue fell 3 percent to 718 million usd

* Q3 operating profit 179 million usd

* Q3 reported revenue was us$718m, down 3% year over year, down 2% when adjusted for divestitures and currency

* Q3 licence revenue was up 2% on prior year period

* Q3 reported operating profit of us$179m

* Representing an improved operating margin of 24.9% (17.8% in prior year period)

* Currently anticipated that total adjusted revenue for hpe software business for 12 months ending 31 october 2017 will be in range of $2,890m to $2,960m

* Reduction in adjusted revenue is driven by active reduction of less profitable professional services in sub-scale service lines and geographies Source text for Eikon: Further company coverage: (London newsroom)

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