Hodge-podge management software omnicorp CA is making hay after its massive restructure last year. It has reported Q2 profits three times higher than a year ago when it had just started firing 1,700 staff.

Revenues for the three months to 30 September were up a relatively meagre eight per cent to $1.06bn. The cost-cutting regime has put a rocket up its margins, however, boosting GAAP net income to $137m, from $54m last year; a rise of 154 per cent.

Total expenses for the quarter were nine per cent lower at $823m.

An effort to restructure the timing of big contract renewals also boosted bookings 46 per cent. There were 16 deals worth more than $10m in the period.

CA shares jumped six per cent on the news in late trading yesterday. ®

Related stories

• In brief CA buys IDFocus for identity management boost (7 October 2008)
• Revenues and profits up at Norkom (14 November 2007)
• CA shoves out BrightStor security fix (30 September 2007)
• Ex-CA boss Kumar checks in for 12 year sentence (15 August 2007)
• CA's 'material weakness' leads to more accounting woes (31 May 2006)
• CA World Rebranded CA in strategy refocus (14 November 2005)
• CA paddles back into the black (26 October 2005)
• CA axes 800 jobs (28 July 2005)
• In brief CA snaps up Niku (9 June 2005)