Feeds

EDS back in the black

But sales slip in Q4

  • alert
  • submit to reddit

Security for virtualized datacentres

EDS made a profit for the last quarter of 2004 ended 31 December but saw sales fall slightly.

After a loss of $337m in the fourth quarter of last year EDS made a profit of $53m on sales of $5.25bn, down five per cent on the year before. Organic revenue, excluding the impact of currency changes, was down eight per cent.

New business was also slightly down. EDS signed contracts worth $3.8bn in the fourth quarter against $4.0bn in the last quarter of 2003. Significant wins included workplace management for Barclays, the British Columbia Ministry of Provincial Revenue and the UK Ministry of Defence.

EDS expects to increase sales in Business Process Outsourcing thanks to its deal with Towers Perrin.

CEO Mike Jordan said the firm ended the year in a stronger postion than it began but needs to focus on investing in further growth.

More here. ®

Related stories

Final bids in for MoD's £4bn IT project
CSA boss falls on sword over £456m IT system fiasco
US Navy blows $375m hole in EDS accounts
EDS delays results for third time

Providing a secure and efficient Helpdesk

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
prev story

Whitepapers

Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.