UPDATE 3-EDS quarterly loss narrows, outlook disappoints

Newswire

(Adds estimate, outlook, revenue, byline) By Wei Gu NEW YORK, April 26 (Reuters) - Electronic Data Systems Corp. , the nation's No. 2 technology services provider, on Monday posted a much narrower quarterly loss but lowered its 2004 earnings forecast due to the sale of a business and additional risk from its money-losing U.S. Navy contract. EDS, whose shares fell 4 percent in after-hours trading, has had problems winning profitable new contracts because of its high cost structure. New ...

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