Full Year Results 

Micro Focus still grappling with HP acquisition

Micro Focus still grappling with HP acquisition

Shares in Micro Focus (MCRO) took another dive after the Newbury-based software group revealed falling US revenues and the departure of its executive chairman Kevin Loosemore after 15 years in the job. Revenue was down 9.1 per cent in the 12-months from October 2018, although a modicum of solace is provided by a slight uptick in the group’s cash margin. 

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now