When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
MFGP - Micro Focus International trades higher on preliminary FY20 results
Micro Focus Intl PLC ADS each representing One Ord Sh
Micro Focus International (MFGP): FY Non-GAAP EPS of $1.54 beats by $0.17.Revenue of $3B (-9.9% Y/Y) in-line.Adjusted EBITDA margin of 39.1% vs. 40.7% in last year.Cash generated from operating activities of $1.1B (falt Y/Y)."We generated a statutory operating loss of ~$2.66B for FY20 (FY19 profit: $221.7M), driven by total impairment charges of ~$2.8B in the period.The Board has elected to reinstate the dividend and recommend a final dividend of 15.5 cents per share.Shares +4% PM.Press Release