-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, B5cETBdADeignaFYeiUQReTpFcsO3y6vHOJr6x/qbH2pbOVsm1zcs0++ilADT3Lt Deb9WZD8kRR2pwWGZ+OplQ== 0000023082-07-000061.txt : 20070522 0000023082-07-000061.hdr.sgml : 20070522 20070522144031 ACCESSION NUMBER: 0000023082-07-000061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070522 ITEM INFORMATION: Other Events FILED AS OF DATE: 20070522 DATE AS OF CHANGE: 20070522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMPUTER SCIENCES CORP CENTRAL INDEX KEY: 0000023082 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 952043126 STATE OF INCORPORATION: NV FISCAL YEAR END: 0226 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04850 FILM NUMBER: 07870815 BUSINESS ADDRESS: STREET 1: 2100 E GRAND AVE CITY: EL SEGUNDO STATE: CA ZIP: 90245 BUSINESS PHONE: 3106150311 MAIL ADDRESS: STREET 1: 2100 EAST GRAND AVE CITY: EL SEGUNDO STATE: CA ZIP: 90245 8-K 1 csc_8-k052207.htm CSC DELAYS ANNOUNCEMENT OF FISCAL YEAR-END 2007 EARNINGS

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
Washington, D.C. 20549
 
_________________
 
 
FORM 8-K
 
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
 
Date of Report (Date of earliest event reported) May 22, 2007
 
 
COMPUTER SCIENCES CORPORATION
(Exact name of Registrant as specified in its charter)
 
 
Nevada
1-4850
95-2043126
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
 
 
2100 East Grand Avenue
90245
El Segundo, California
(Zip Code)
(Address of Principal Executive Offices)
 
 
 
Registrant’s telephone number, including area code (310) 615-0311
 
 
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
 
 
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
     [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
     [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
     [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
     [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


 
 

 


 
Item 8.01       Other Events.
 
                    On May 22, 2007, the Registrant issued a press release announcing a delay in its fiscal year-end 2007 earnings release and conference call. The press release is attached hereto as Exhibit 99.
 
 
SIGNATURES
 
                    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereto duly authorized.
 
 
 
COMPUTER SCIENCES CORPORATION
   
   
Dated: May 22, 2007
  By  /s/ Donald G. DeBuck                               
 
        Donald G. DeBuck
 
        Vice President and Controller
   
   
   
   
2


 
 

 


 
EXHIBIT INDEX
 
 
Exhibit
 
   99                    Press Release of the Registrant dated May 22, 2007.
 
 
 
3

EX-99 2 exhibit-99_052207.htm PRESS RELEASE EX-99

EXHIBIT 99
 
 
 
Contact:
Mike Dickerson
FOR IMMEDIATE RELEASE
 
Director, Media Relations
Moved On PR Newswire
 
Corporate
Date:  May 22, 2007
 
310.615.1647
 
 
mdickers@csc.com
 
     
 
Bill Lackey
 
 
Director, Investor Relations
 
 
Corporate
 
 
310.615.1700
 
 
blackey3@csc.com
 
 
 
 
CSC DELAYS ANNOUNCEMENT OF FISCAL YEAR-END 2007 EARNINGS
 
 
          EL SEGUNDO, Calif., May 22 - Computer Sciences Corporation (NYSE: CSC) today announced that it will delay its fourth quarter and fiscal year-end 2007 earnings announcement and conference call previously scheduled for today. The delay is necessary to allow additional time to finalize the accounting for income taxes related to certain prior-period transactions.
 
          CSC also announced that preliminary unaudited company estimates for fourth quarter revenues are expected to be in the range of $4.0 billion to $4.1 billion, and earnings per share to be $1.51 to $1.61. The EPS estimates exclude the impact of net restructuring charges, the expense or impact related to the stock option investigation and litigation, and impact of any adjustment related to prior-period income tax issues noted above.
 
          Additionally, the company announced that free cash flow for the fiscal year 2007 will exceed its previous guidance of $400 million to $500 million, excluding payments for restructuring activities. CSC currently estimates the range to be $840 million to $860 million.
 
          CSC expects to reschedule its fourth quarter and fiscal year-end 2007 earnings announcement and conference call shortly.
 
 
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Computer Sciences Corporation - Page 2
May 22, 2007
 
 
About CSC
 
          Computer Sciences Corporation is a leading global IT services company. CSC’s mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
 
          With approximately 77,000 employees, CSC provides innovative solutions for customers around the world by applying leading technologies and CSC’s own advanced capabilities. These include systems design and integration; IT and business process outsourcing; applications software development; Web and application hosting; and management consulting. Headquartered in El Segundo, Calif., CSC reported revenue of $14.7 billion for the 12 months ended Dec. 29, 2006. For more information, visit the company’s Web site at www.csc.com.
 
 
All statements in this press release and in all future press releases that do not directly and exclusively relate to historical facts constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements represent the Company’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company’s control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled “Risk Factors” in CSC’s Form 10-K for the fiscal year ended March 31, 2006. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise except as required by law.
 
 

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