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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 26, 1999
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COMPAQ COMPUTER
CORPORATION |
| Delaware | 1-9026 | 76-0011617 | ||
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| (281) 370-0670 |
| (Registrant's telephone number, including area code) |
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ITEM 5. Other Events.
In a release dated October 26, 1999, Compaq Computer Corporation (NYSE: CPQ) announced worldwide revenue of $9.2 billion for the third quarter ended September 30, 1999. Total revenue for the quarter grew by 5 percent over the third quarter of 1998 and was down 2 percent sequentially. Net income for the third quarter was $140 million, or $0.08 per share. The reported results include previously announced restructuring and related charges of $868 million and a one-time gain of approximately $1.2 billion from the sale of a majority interest in AltaVista Company to CMGI. On an operational basis, net income for the quarter was $117 million or $0.07 per share. The news release is attached as Exhibit 99.
ITEM 7. Exhibits.
Exhibit 99 News Release dated October 26, 1999 is attached.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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COMPAQ COMPUTER CORPORATION |
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Dated: October 27, 1999 |
By: /s/ Linda S. Auwers |
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