Affiliated Computer Services (ACS) said after the markets closed Thursday that its fiscal fourth-quarter earnings were down from a year ago but better than Wall Street’s expectations.
The company’s profit fell to $97.5 million, or 99 cents a share, from $98.6 million, or $1.01 a share, in the year-ago period.
Excluding one-time items, the company would have reported a profit of 95 cents a share. Revenue rose to $1.7 billion from $1.61 billion last year.
Analysts had estimated a quarterly profit of 95 cents a share on revenue of $1.68 billion.
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