Electronic Data Systems Corp. announced last week that its third- quarter earnings continued to rise at a double-digit rate, meeting Wall Street expectations.

The Plano, Tex.-based technology outsourcing firm said net income totaled $245.7 million, a 13.5% increase from the year-earlier period. Earnings per share of 51 cents were in line with a consensus of analysts' estimates, as tracked by First Call Corp.

Revenues were $3.11 billion, a 21% increase.

EDS officials said the company booked $1.17 billion in new business during the third quarter, including a contract with Girobank in the United Kingdom to build a merchant processing system for credit and debit cards; and a project with Banco Caracas in Venezuela to expands the bank's automated teller machine network.

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