Micro Focus, the Newbury based software testing company, says revenues will be down slightly in the six months to the end of October although the firm will beat analysts' expectations for the period.
Micro Focus expects favourable exchange rate movements to improve the revenue comparisons with 2010.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Zohran Mamdani, "Trump's worst nightmare", wows New YorkZohran Mamdani, 33, has won the Democratic candidacy to be mayor of New York. That has energised his supporters and enemies alike – and terrified the rich
-
What's behind the big shift in Japanese government bonds?Rising long-term Japanese government bond yields point to growing nervousness about the future – and not just inflation
