CA, Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to 41 cents per share, compared with the S&P Capital IQ consensus estimate of 58 cents per share.
EPS decreased 7.5% year over year from 45 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $174.4 million, a decrease of 11.7% from $197.5 million in the prior-year period.
The normalized profit margin dropped to 16.9% from 18.1% in the year-earlier period.
Total revenue fell 5.2% year over year to $1.03 billion from $1.09 billion, and total operating expenses declined on an annual basis to $740.0 million from $767.0 million.
Reported net income rose year over year to $218.9 million, or 52 cents per share, from $216.1 million, or 49 cents per share.
