Computer Sciences Corp. (CSC) posted a plunge in first-quarter net income attributable to common shareholders to $40 million or $0.26 per share, from $183 million or $1.17 per share in the prior-year quarter.
Revenues totaled $3.96 billion, down from $4.03 billion in the earlier year period, a 2% decrease on a reported basis, while it improved by 0.7% in constant currency compared with last year, the company said.
On average,12 analysts polled by Thomson Reuters expected earnings per share of $0.22 on revenue of $3.89 billion for the quarter. Analysts' estimates typically exclude one-time items.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.