CA Inc. (CA) was a multinational technology company that provided software and services to businesses, government entities, and other organizations. In 2018, CA was acquired by Broadcom Inc., and it now operates as a subsidiary of the company.
Prior to its acquisition, CA provided a wide range of software and services, including mainframe and distributed computing software, security software, and infrastructure software. The company's products and services were used by businesses and organizations in a variety of industries, including banking, healthcare, manufacturing, and government.
In terms of financial performance, CA reported revenues of $4.2 billion in 2017, a decrease of 2% compared to the previous year. The company also reported a net income of $660 million in 2017, compared to a net loss of $1.3 billion in the previous year. The EPS for CA in 2017 was $1.54, compared to a loss per share of -$2.98 in the previous year.
Over the years, CA built a reputation as a trusted provider of enterprise software and services, and the company's products were used by some of the world's largest and most complex organizations. The company had a strong focus on innovation and invested heavily in research and development to ensure that its products remained competitive in a rapidly changing market.
Since its acquisition by Broadcom, CA has continued to operate as a subsidiary of the company, and its products and services have been integrated into Broadcom's broader portfolio of enterprise software and services. As a result, investors interested in CA's products and services should consider investing in Broadcom instead.
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