More on Computer Sciences' (CSC) FQ3: Shares are up 5.7% in spite of the revenue miss, as the...

|About: Computer Sciences Corporation (CSC)|By:, SA News Editor

More on Computer Sciences' (CSC) FQ3: Shares are up 5.7% in spite of the revenue miss, as the Street focuses on the margin improvement seen by the troubled company (exc. one-time charges). Free cash flow nearly doubled Y/Y to $499M, while new business awards rose 26% to $4.1B. CSC is still unwilling to provide FY12 guidance until it has "clarity" regarding its contract with the U.K.'s NHS. (PR)