Computer Sciences (CSC), the US information and consulting group, has beaten expectations for its fourth quarter ended 3 April, despite claiming its results were damaged by the expense of fending off Computer Associates' failed hostile takeover attempt - to the tune of $13.9 million.
CSC recorded net income of $80.1 million, or 50 cents a share, compared with $75.7 million, or 48 cents a share, in the same period a year ago.
Excluding the CA expenses, CSC said it would have posted earnings of $94 million, or 59 cents a share - analysts expectations were 58 cents per share. Revenue increased 22 per cent to $1.87 billion from $1.5 billion.
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