SAN FRANCISCO (Reuters) - Tech outsourcing company Affiliated Computer Services Inc posted a slightly stronger than expected quarterly profit thanks to new business signings.
Affiliated Computer, which competes with Accenture Ltd
Excluding items, Affiliated Computer posted a profit of $97.1 million, or 99 cents a share, compared with $93.10 million, or 95 cents a share, a year earlier. That was ahead of analysts estimates for $94.17 million, or 96 cents a share.
Revenue rose 6 percent from a year ago to $1.7 billion from $1.61 billion. Analysts had expected $1.68 billion, according to Reuters Estimates.
Shares in Dallas, Texas-based Affiliated Computer held steady in after-hours trading after closing down 1.6 percent at $46.92 on the New York Stock Exchange.
(Reporting by Clare Baldwin; Editing by Carol Bishopric)