CSRA INC. (NYSE:CSRA) Files An 8-K Other Events
Item 8.01 Other Events
the way it calculates adjusted diluted earnings per share
(Adjusted diluted EPS) and Adjusted EBITDA for our filings with
the Securities and Exchange Commission (SEC) and other equity
market communications. These measures are non-GAAP financial
measures, meaning that they are not prepared in accordance with
Generally Accepted Accounting Principles (GAAP). The Company is
filing this Current Report on Form 8-K in order to illustrate, on
a retrospective basis, the effect of these changes. In addition,
we believe that providing these measures on a historical basis
may help the financial community to understand the recent
historical performance of CSRA and to assess the underlying
trends in the business. Refer to the Basis of Presentation,
included in the Reconciliation of Certain Non-GAAP Financial
Measures attached as Exhibit 99.1, for an explanation of the
changes to the calculation of these measures, why the Company has
made these changes, and how these measures differ from our
results presented under GAAP and from these measures as
previously calculated. This information does not amend or restate
the Company’s audited financial statements.
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Exhibit No.
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Description
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99.1
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Reconciliation of Certain Non-GAAP Financial Measures
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About CSRA INC. (NYSE:CSRA)
CSRA Inc. is a provider of information technology services to the United States federal government. The Company operates through two segments: Defense and Intelligence, and Civil. The Defense and Intelligence segment provides services to the Department of Defense (DoD), National Security Agency, branches of the Armed Forces, and other DoD and Intelligence agencies. The Civil segment provides services to various federal agencies within the Department of Homeland Security (the DHS), Department of Health and Human services, and other federal civil agencies, as well as various state and local government agencies. It supplies civil government agencies with mission information systems and associated technical support services. It provides its customers with technical services across service areas, including Digital Services, Enterprise Business Services, Digital Platforms, Cyber, Data Science, and Professional and Citizen Services. It has conducted operations in over 130 locations. CSRA INC. (NYSE:CSRA) Recent Trading Information
CSRA INC. (NYSE:CSRA) closed its last trading session up +0.10 at 28.17 with 660,826 shares trading hands.