You are here: silicon.com > Management > IT Director

CSC smiles after positive first quarter

A strategy shift in the offing though...

By editorial@silicon.com

Published: 3 August 2001 07:24 BST

Information technology services company Computer Science Corporation has reported first quarter fiscal 2002 revenues of $2.7bn - an increase of 10.2 per cent over the same period in 2001.

These figures were in line with the company's estimates from May 14, 2001. However, they are a surprise in the context of the "turbulent industrial conditions" according to Van B Honeycutt, chairman of CSC.

The reduction in the demand for commercial consulting has led to capacity modifications. CSC is therefore focusing on "larger and longer term products" according to Honeycutt. He added that revenue growth is expected to exceed 10 per cent in the second quarter.

Add comment

Print story with

Email story

CSC results pride may come before a fall

CSC drives away with MG deal

UK businesses splash out £2bn on consultancy fees

Budgeting Amid Fiscal Uncertainty: Ensuring Budget Stability by Focusing on the Long Term

Data storage costs take another tumble

In silicon.com

Commentary

Peter Cochrane Peter Cochrane's Blog: Quality by design Why do picky people settle for poor design at work?

Naked CIO The Naked CIO: Service level disagreements SLAs - not worth the paper they're written on?

Latest News

Five ways Microsoft could change after Gates

CIOs not taking security breaches seriously

IBM puts money on solar power

Exclusive: UK's top CIO revealed

When is a supplier gift/junket inappropriate?

iPhone 2.0 - ready for business?

Jobs

Software Engineer - Graduate Scheme-00035346

With more than 175,000 people in 49 countries, the company generated net revenues of US$19.70 billion for the fiscal year ended Aug. Qualifications ...

Managing Consultant - Financial Services

EDS value proposition, and determining solution or offering that best fits clients needs - Work within geographically dispersed teams, securing ...

Oracle Technical Architect

Design of the layout of applications and database environments - Design of the security architecture - Design of the availability architecture - ...

Special Report Focus

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.