Want to join the conversation?
On a segment basis in 2Q16, revenues from $CA's Mainframe Solutions were down 9% on a YoverY basis to $554MM. Revenues from Enterprise Solutions and Services decreased 3% and 9% YoverY to $368MM and $83MM, respectively. All the segments decreased primarily due to unfavorable foreign exchange impact.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.