No change at in line Micro Focus

Trading remained in line during Q3 for Micro Focus (period ending January 31 2013) although a currency hit meant that the impact was neutral vs a $3.6m gain last year, and it is still reliably generating operational cash and paying out to shareholders. It closed the acquisition of assets from Progress Software in the last few days (see here), which is expected to add revenue and drive cross sell opportunities, so it would be good to see further growth in the business as a result. Roll on Q4 and 'progress' in the new financial year.