CA Reports, Increases Outlook

ISLANDIA, N.Y. -- CA, Inc. (NYSE:CA - News), one of the worlds largest management software companies, today announced results for its third quarter fiscal year 2008, which ended Dec. 31, 2007.

Third Quarter Results

Total revenue for the third quarter was $1.100 billion, an increase of 10 percent, or 4 percent in constant currency, compared to $1.002 billion reported in the comparable prior year period. For the first three quarters of fiscal year 2008, total revenue was $3.192 billion, up 9 percent, or 5 percent in constant currency, over the first three quarters of fiscal year 2007.

Total North American revenue was up 5 percent in the third quarter while revenue from international operations was up 17 percent, or 4 percent on a constant currency basis, compared to the same period last year.

Total product and services bookings in the third quarter were $1.228 billion, compared to $1.553 billion reported in the comparable prior year period, and, as expected, declined 21 percent on a year-over-year basis. During the third quarter of fiscal year 2008, the Company renewed 16 license agreements greater than $10 million, totaling $303 million, compared to 18 such deals, totaling $700 million, in the prior year period. The weighted average duration of new direct bookings in the third quarter was 3.16 years, compared to 3.74 years in the prior year’s third quarter. When annualized, the year-over-year decrease from new direct bookings was 9 percent.For the first three quarters of fiscal year 2008, total product and services bookings were $3.069 billion, up 9 percent from the $2.805 billion reported in the first three quarters of fiscal year 2007. In addition, annualized direct bookings for the first three quarters of the fiscal year increased 17 percent over the same period last year. The Company now expects total product and services bookings for the full 2008 fiscal year to grow at a percentage in the mid-teens over the prior year.

CA Inc.