Market Overview

Media Alert: CA Technologies to Report First Quarter Fiscal Year 2019 Results After Market Close Today


CA Technologies (NASDAQ:CA) will report financial results for its first
quarter fiscal 2019, which ended on June 30, 2018, after the close of
the market today. The earnings announcement will be available on CA
Technologies Investor Relations website at
The earnings announcement will also be distributed by Business Wire and
will be furnished to the SEC on Form 8-K.

As previously announced, on July 11, 2018, CA Technologies entered into
a definitive agreement to be acquired by Broadcom Inc. Subject to
customary closing conditions, the transaction is expected to close in
the fourth calendar quarter of 2018.

Due to the pending acquisition, CA Technologies will not host an
earnings conference call with respect to its first quarter fiscal 2019
financial results, nor will it issue financial guidance, publish
supplemental financial tables, or report Annual Recurring Revenue.

About CA Technologies

CA Technologies (NASDAQ:CA) creates software that fuels transformation
for companies and enables them to seize the opportunities of the
application economy. Software is at the heart of every business in every
industry. From planning, to development, to management and security, CA
is working with companies worldwide to change the way we live, transact,
and communicate – across mobile, private and public cloud, distributed
and mainframe environments. Learn more at

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this media alert (such as statements containing
the words "believes," "plans," "anticipates," "expects," "estimates,"
"targets" and similar expressions relating to the future) constitute
"forward-looking statements" that are based upon the beliefs of, and
assumptions made by, the Company's management, as well as information
currently available to management. These forward-looking statements
reflect the Company's current views with respect to future events and
are subject to certain risks, uncertainties, and assumptions. A number
of important factors could cause actual results or events to differ
materially from those indicated by such forward-looking statements,
including: the effect of the announcement or pendency of the proposed
acquisition by Broadcom Inc. of the Company (the "Merger") on the
Company's business relationships, operating results and business; the
failure to complete the proposed Merger in a timely manner or at all and
the effects of such failure on the Company's business, financial
condition, operating results and stock price; the limitations on the
Company's ability to pursue alternative transactions pursuant to the
provisions of the merger agreement; the ability to achieve success in
the Company's business strategy by, among other things, ensuring that
any new offerings address the needs of a rapidly changing market while
not adversely affecting the demand for the Company's traditional
products or the Company's profitability to an extent greater than
anticipated, enabling the Company's sales force to execute renewals
within the Company's existing customer base at acceptable renewal rates,
enabling the Company's sales force to expand relationships with the
Company's global customer base and address opportunities with new
customers (for example, in geographic regions where the Company has
underserved, or with chief information security officers and chief
development officers, who have not been traditional customers) at levels
sufficient to offset any decline in revenue in the Company's Mainframe
Solutions segment and in certain mature product lines in the Company's
Enterprise Solutions segment, effectively managing the strategic shift
in the Company's business model to increase sales through digital sales
forces and indirectly through the Company's partners, as well as provide
additional Software as a Service offerings, offer try-and-buy models and
refocus the Company's professional services and education engagements on
those engagements that are connected to new product sales, without
affecting the Company's financial performance to an extent greater than
anticipated, and effectively managing the Company's pricing and other
go-to-market strategies, as well as improving the Company's brand,
technology and innovation awareness in the marketplace; the failure to
innovate or adapt to technological changes or develop and introduce new
software products and services in a timely and market-accepted manner;
competition in product and service offerings and pricing; the ability of
the Company's products to remain compatible with ever-changing operating
environments, platforms or third party products; global economic factors
or political events beyond the Company's control and other business and
legal risks associated with global operations; the failure to sell and
renew license agreement on a satisfactory basis; the failure to expand
partner programs and failure by the Company's partners to leverage their
sales channels to drive revenue growth; the ability to retain and
attract qualified professionals; changes in generally accepted
accounting principles, which includes adoption of revenue recognition
requirements under Accounting Standards Codification Topic 606; the
ability to successfully integrate acquired companies and products into
the Company's existing business; hacking or other cybersecurity attacks
on the Company's data center, network and software products, or the IT
environments of the Company's business partners and customers; the
ability to adequately manage, evolve and protect the Company's
information systems, infrastructure and processes; general economic
conditions and credit constraints, or unfavorable economic conditions in
a particular region, business or industry sector; risks associated with
sales to government customers; fluctuations in foreign exchange rates;
discovery of errors or omissions in the Company's software products; the
failure to protect the Company's intellectual property rights and source
code; access to software licensed from third parties; risks associated
with the use of software from open source code sources; third-party
claims of intellectual property infringement and/or royalty payments;
fluctuations in the number, terms and duration of the Company's license
agreements, as well as the timing of orders from customers and partners;
potential tax liabilities; changes in market conditions or the Company's
credit ratings; events or circumstances that would require the Company
to record an impairment charge relating to the Company's goodwill or
capitalized software and other intangible assets balances; the failure
to effectively execute on the Company's announced restructuring plans;
successful and secure outsourcing of various functions to third parties;
the continued payment of dividends and repurchasing of shares of the
Company's common stock; and other factors described more fully in the
Company's filings with the United States Securities and Exchange
Commission, such as Quarterly Reports on Form 10-Q and Annual Reports on
Form 10-K. We do not intend to update these forward-looking statements,
except as otherwise required by law. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as
of the date hereof.

Additional Information and Where to Find It

This communication is being made in respect of the proposed transaction
involving CA, Inc. and Broadcom Inc. In connection with the proposed
transaction, CA intends to file relevant materials with the Securities
and Exchange Commission (the "SEC"), including a proxy statement on
Schedule 14A. Promptly after filing its definitive proxy statement with
the SEC, CA will mail the definitive proxy statement and a proxy card to
each stockholder of CA entitled to vote at the special meeting relating
to the proposed transaction. This communication is not a substitute for
the proxy statement or any other document that CA may file with the SEC
or send to its stockholders in connection with the proposed
THE PROPOSED TRANSACTION. The definitive proxy statement and other
relevant materials in connection with the proposed transaction (when
they become available), and any other documents filed by CA with the
SEC, may be obtained free of charge at the SEC's website (
or at CA's website (
or by contacting CA's Investor Relations at

Participants in the Solicitation

CA and its directors and executive officers may be deemed to be
participants in the solicitation of proxies from CA's stockholders with
respect to the proposed transaction with Broadcom. Information about
CA's directors and executive officers and their ownership of CA's common
stock is set forth in CA's proxy statement on Schedule 14A filed with
the SEC on June 29, 2018, and CA's Annual Report on Form 10-K for the
fiscal year ended March 31, 2018, which was filed with the SEC on May 9,
2018. Additional information regarding the potential participants, and
their direct or indirect interests in the proposed transaction, by
security holdings or otherwise, will be set forth in the definitive
proxy statement and other materials to be filed with SEC in connection
with the proposed transaction.

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Copyright © 2018 CA, Inc. All Rights Reserved. All trademarks, trade
names, service marks, and logos referenced herein belong to their
respective companies.

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