Micro Focus lowers revenue expectations

Software group Micro Focus said economic woes in Spain, Italy and Japan meant it was lowering its full year revenue guidance.

Software group Micro Focus said economic woes in Spain, Italy and Japan meant it was lowering its full year revenue guidance.

The firm forecast second half revenues would be similar to the first half and said it now expected full year numbers to be down 2% - 4%, compared to its previous estimate of somewhere between growth of 1% and a fall of 3%.

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