Computer Sciences Profit Rises 21%

Computer Sciences Corp., said its fiscal third-quarter profit rose 21% as the company cut costs.

Sales of the computer-services company declined 3.5%.

Net income rose to $105.7 million, or 61 cents a share, from $87.1 million, or 51 cents, a year earlier. Sales fell 3.5% to $2.79 billion.

Shares of El Segundo-based Computer Sciences fell 25 cents to $30.75 on the NYSE.