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On a segment basis, $CSC's 2Q16 revenue declined in all segments. GBS revenue of $891MM declined 3.7% YoverY in constant currency. GIS revenue declined 10.8% driven by the impact of restructured contracts and NPS segment revenue declined 7.1% on program completions and changes in task orders.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.