Micro Focus Intl sees first half revenue down 11%, withdraws guidance
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LONDON (Reuters) - Britain's Micro Focus Intl said the coronavirus caused some customers to defer projects and delay renewals in April, resulting in a 11% decline in first half revenue.The company, which helps customers maintain and integrate legacy IT technology, said on Tuesday it expected to report revenue of about $1.45 billion for the six months to end-April. It said its core earnings margin would be towards the upper end of its guidance at about 38% due to cost savings.Micro Focus said..