UPDATE: CA Posts Upbeat FQ3 Earnings

CA Technologies

reported a drop in its fiscal third-quarter earnings. CA's quarterly profit declined to $251 million, from $263 million, in the year-earlier quarter. On a per-share basis, CA's earnings climbed to $0.55 from $0.54. Excluding one-time items, CA earned $0.63 per share. Its revenue dropped to $1.2 billion from $1.26 billion. However, analysts were expecting a profit of $0.61 per share on revenue of $1.17 billion. CA shares gained 1.02% to $24.80 in after-hours trading.