Computer Services, Inc. provided earnings guidance for the fourth quarter and full year ended December 31, 2020. The company announced outlook for fiscal 2021 remains positive based on sales momentum and success in supporting customers on a remote basis. The company expects to report higher revenues and net income for fiscal 2021 based on revenue from existing contracts, new business, and demand for digital banking solutions. The company expects fourth quarter revenues to be higher than reported last year due to these trends, despite a substantial reduction in early contract termination fees expected to be reported in the fourth quarter of fiscal 2021 compared to $4.6 million in early contract termination fees reported in the fourth quarter of last fiscal year. The company also expects that operating income and net income for the fourth quarter of fiscal 2021 will be lower than fiscal 2020 due to lower early contract termination fees and the comparison of low operating expenses in the fourth quarter of last year arising from the adoption of ASC 350-40, Internal-Use Software, and ASC 340-40, Contracts with Customers.