Computer Sciences Corporation (CSC) is a global provider of information technology (IT) and professional services and solutions. The Company operates through three segments: Global Business Services (GBS), which is a provider of various technology solutions, including consulting, applications services and software; Global Infrastructure Services (GIS), which provides solutions, such as managed and virtual desktop solutions, and data center management, and North American Public Sector (NPS), which delivers IT, mission and operations-related services. Its subsidiary, ServiceMesh Inc. (ServiceMesh), is a provider of enterprise cloud management software. ServiceMesh also provides various other services, such as tiered services levels, different levels of security, self-service options, governance, policy and real time monitoring. CSC's subsidiary, Fruition Partners, provides technology-enabled solutions for the service-management sector and provides support for ServiceNow-related software
HP Enterprise to merge IT services unit with Computer Sciences Hewlett Packard Enterprise Co (HPE) said it would spin off and merge its struggling IT services business with Computer Sciences Corp (CSC), allowing the company to focus on its cloud services business and other fast-growing units. Shares of Hewlett Packard Enterprise, formed after Hewlett-Packard Co formally split in November, rose 10.5 percent in extended trading on Tuesday. Falls Church, Virginia-based Computer Sciences' shares jumped 19.5 percent to $42.60. Read full article here: http://www.reuters.com/article/us-hewlett-packard-divestiture-csc-idUSKCN0YF2PV
Reported after close today (5/24/16) Earnings: EPS $0.73 Revenue $1.81B Estimates: EPS $0.68 Revenue $1.8B Up 27.77% after hours
