Affiliated Computer Services, Inc

Stock Symbol: ACS

2828 North Haskell
Dallas, TX 75204
214-841-6111 (phone)
214-823-9369 (fax)

Website: Affiliated Computer Services, Inc.

Industry: Business Support Services 

Index Membership: S&P 500; S&P 1500 Super Comp

Affiliated Computer Services, Inc Description:
Affiliated Computer Services, Inc. provides business process outsourcing and information technology services to commercial and government clients. The Company has two segments based on the clients it serves: commercial and government. The commercial segment accounted for approximately 60% of its revenues during the fiscal year ended June 30, 2007 (fiscal 2007). The Company provides services to a variety of clients worldwide, including healthcare providers and payers, manufacturers, retailers, wholesale distributors, utilities, entertainment companies, higher education institutions, financial institutions, insurance and transportation companies. During fiscal 2007, revenues from the government segment accounted for approximately 40% of the Company's revenues. In July 2006, it completed the acquisition of Primax Recoveries, Inc. In October 2006, it completed the acquisition of Systech Integrators, Inc. In April 2007, it acquired CDR Associates, LLC and certain assets of Albion, Inc. Affiliated Computer Services, Inc. employs approximately 60,000 people

Affiliated Computer Services, Inc Financial Summary:
DALLAS, Nov. 1 /PRNewswire-FirstCall/ -- Affiliated Computer Services, Inc. (NYSE: ACS) today announced first quarter fiscal year 2008 revenues of $1.49 billion, an 8% increase compared to the prior year quarter. The Company's internal revenue growth rate for the quarter was 6%. First quarter adjusted non-GAAP operating income was $164 million, a 10% increase over the prior year quarter adjusted non-GAAP operating income. Consolidated adjusted non-GAAP operating margins were 11.0%, a 30 basis point increase from the prior year quarter adjusted non-GAAP operating margins. First quarter fiscal year 2008 adjusted non-GAAP diluted earnings per share was $0.77, an 18% increase over the prior year first quarter adjusted non-GAAP diluted earnings per share of $0.65. See "Reconciliation of Reported GAAP Results to Adjusted Non-GAAP Results" below.

Affiliated Computer Services, Inc Business Summary:
ACS, a FORTUNE 500 company with more than 62,000 people supporting client operations in more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The Company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS."