REFILE-UPDATE 1-Affliated Computer Q4 earnings rise (Aug 7)

sábado 9 de agosto de 2008 00:36 CEST

(Refiles to clarify that Reuters Estimates figures in paragraph 4 refer to the 2009 fiscal year)

(Recasts, adds conference call details and stock movement)

Aug 7 (Reuters) - Technology outsourcing company Affiliated Computer Services Inc (ACS.N: Cotización) posted a higher quarterly profit and forecast 2009 earnings growth of about 10 percent, helped by increased new business signings.

The company also expects internal revenue growth of 6 percent to 7 percent for the fiscal year 2009 ending June 30, it said in a conference call with analysts.

The company, known as ACS, had earned $3.32 per share on revenue of $6.16 billion for fiscal year 2008.

Analysts on average are expecting the company to earn $3.92 per share on revenue of $6.64 billion for fiscal 2009, according to Reuters Estimates.

Net income for its latest fourth quarter rose to $98.6 million, or $1.01 a share, from $37.6 million, or 37 cents per share, a year ago.

Excluding items, the company earned 95 cents a share.

Revenue rose to $1.61 billion from $1.52 billion.   Continuación...