Computer Sciences Corporation
Industry: Computer Services

Computer Sciences Corporation, one of the world's leading consulting and information technology (IT) services firms, helps clients in industry and government achieve strategic and operational results through the use of technology. The company's success is based on its culture of working collaboratively with clients to develop innovative technology strategies and solutions that address specific business challenges.

Business Summary
Computer Sciences Corporation (CSC) is a provider of information technology (I/T) and professional services. Outsourcing activities include operating all or a portion of a customer's technology infrastructure and applications, and business process outsourcing. I/T and professional services include systems integration, consulting and other professional services and software systems sales and related services. CSC provides these services to customers in the Global Commercial and United States federal government markets. On a geographic basis, CSC provides services to Global Commercial customers in the United States, Europe and other international locations. Operations in Australia, Asia and Canada generate all revenue within Other International. In a transaction designed to divest non-core operations and enhance the Company's flexibility, CSC sold certain operations during February 2005.

Financial Summary
CSC provides information technology services through outsourcing (operating a customer's technology infrastructure), systems integration (designing, developing & implementing information systems) and IT and management consulting services. For the 3 months ended 7/1/05, revenues rose 9% to $3.58B. Net income from cont. ops. rose 17% to $108.7M. Results reflect European outsourcing and lower S/G/A expenses.