Micro Focus reports $1bn loss due to economic uncertainty caused by the pandemic

clock • 2 min read
Micro Focus has posted $1bn loss due to economic uncertainty caused by the pandemic
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Micro Focus has posted $1bn loss due to economic uncertainty caused by the pandemic

The firm has been struggling since buying HPE's software business in 2017

British software giant Micro Focus on Tuesday posted a pre-tax loss of $1.03 billion (£822 million) for the first six months of the fiscal 2020, ending 30th April. The company said it had to write down...

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