In its upcoming report, DXC Technology Company. (DXC) is predicted by Wall Street analysts to post quarterly earnings of $0.77 per share, reflecting a decline of 19% compared to the same period last year. Revenues are forecasted to be $3.36 billion, representing a year-over-year decrease of 5.8%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.6% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections ...

DXC Technology (DXC) is slated to report third-quarter fiscal 2024 results on Feb 1.For the third quarter of fiscal 2024, the company anticipates revenues between $3.32 billion and $3.37 billion. The Zacks Consensus Estimate for fiscal third-quarter revenues stands at $3.36 billion, indicating a year-over-year decline of 5.8%.DXC anticipates non-GAAP earnings between 75 cents and 80 cents per share. The consensus mark for earnings is pegged at 77 per share, suggesting a 19% year-over-year decrease.The compa ...

11 12 Net Interest Expense ($M) Cash Payments for Operating Leases ($M) 225 169 219 163 275 159146 178 175 195 162146 202 157 Q1 FY21 Q2 Q3 Q4 Q1 FY22 Q2 Q3 Q4 FY23 Q1 Q2 Q3 Q4 FY24 Q1 Q2 7.0% 7.4% 7.2% 5.5% 11.9% 5.2% 5.2% 5.7% 6.4% 6.2% 6.4% 6.3% 7.3% 5.3% Q1 FY21 Q2 Q3 Q4 Q1 FY22 Q2 Q3 Q4 FY23 Q1 Q2 Q3 Q4 FY24 Q1 Q2 50 $1,200 Share Repurchases – ~$500M remaining under the FY24 $1B program Q3 FY24 Outlook FY24 Outlook Key Takeaways • Right model and the right leaders to run the global offerings. Three ex- ...

DXC Technology Company (NYSE:DXC) Q2 2024 Earnings Conference Call November 1, 2023 5:00 PM ET Corporate Participants Mike Salvino - Chairman, President and Chief Executive Officer Rob Del Bene - Executive Vice President and Chief Financial Officer Conference Call Participants Zach Ajzenman - Cowen Gates Schwarzmann - Citi James Friedman - Susquehanna Rod Bourgeois - DeepDive Brad Clark - Bank of Montreal Operator Thank you. Good afternoon, everybody. I'm pleased that you're joining us for DXC Technology's ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ____________ Commission File No.: 001-38033 DXC TECHNOLOGY COMPANY (Exact name of registrant as specified in its charter) (State or other ...

| --- | --- | |--------------------------------------|-------| | | | | | | | 1st Quarter FY 2024 | | | Earnings Presentation August 2, 2023 | | We present Non-GAAP financial measures which are derived from the statements of operations, cash flow and balance sheets of DXC. These Non-GAAP financial measures include earnings before interest and taxes ("EBIT"), adjusted EBIT, adjusted EBIT excluding pension income, adjusted EBIT margin, adjusted EBIT margin excluding pension income, adjusted earnings before int ...

Financial Data and Key Metrics Changes - Non-GAAP EPS was $0.63, down $0.12 compared to the prior year, primarily due to lower pension income and reduced asset sales [18][10] - Organic revenue growth was down 3.6%, approximately $75 million lower than the midpoint of guidance [29][39] - Adjusted EBIT margin was 6.5%, impacted by revenue shortfalls, with expectations to improve in the second half of the year [47][29] Business Line Data and Key Metrics Changes - GBS business grew 3.3% in Q1, representing 49.4% of overall revenue, marking nine consecutive quarters of growth [30][68] - GIS organic revenue declined 9.9%, with significant drops in cloud infrastructure and ITO, while security offerings grew 6.8% [19][20] - Analytics and engineering revenue increased by 8.8%, with a trailing 12-month book-to-bill ratio of 1.14x [44][10] Market Data and Key Metrics Changes - The company experienced a slowdown in customer expenditures, particularly in resale revenue from IT equipment, which accounted for half of the revenue miss [39][40] - The decline in project-based services revenue was also significant, contributing to the overall revenue shortfall [40][66] Company Strategy and Development Direction - The company is shifting to an offering-led operating model to enhance customer engagement and improve revenue and margin growth [9][26] - Focus on high-value growth in GBS while addressing historical challenges in GIS, aiming to reduce dependency on low-margin resale revenue [27][26] - Continued investment in AI capabilities across GBS and GIS to drive innovation and enhance service delivery [14][36] Management's Comments on Operating Environment and Future Outlook - Management noted a resilient business environment in FY '23 but acknowledged increased delays in customer demand for hardware and project work [8][39] - The company expects project work to improve in the second half of the year, despite current challenges [81][84] - Guidance for organic revenue growth has been reduced to negative 3% to negative 4% for the full year [48][72] Other Important Information - Free cash flow for the quarter was negative $75 million, attributed to seasonal factors and planned vendor payments [41][10] - The company is progressing with a $1 billion share repurchase program, which is expected to be self-funded by free cash flow and asset sales [22][46] Q&A Session All Questions and Answers Question: What caused the magnitude of the guidance cut? - Management highlighted that the guidance cut was primarily due to unexpected declines in resale revenue and project-based services, which were not anticipated at the start of FY '24 [78][80] Question: Has the CFO transition impacted the shortfall in expectations? - Management stated that the CFO transition had zero impact on the results, attributing the challenges to the operating model adjustments and market conditions [86][90] Question: What strategic changes are being considered to improve revenue trajectory? - Management indicated that strategic changes include focusing on high-margin services, enhancing customer delivery, and leveraging AI capabilities to drive revenue [116][120]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ____________ Commission File No.: 001-38033 DXC TECHNOLOGY COMPANY (Exact name of registrant as specified in its charter) (State or other juri ...

DXC Technology Company (NYSE:DXC) Q4 2023 Results Conference Call May 18, 2023 5:00 PM ET Company Participants John Sweeney - VP, IR Mike Salvino - Chairman, President and CEO Ken Sharp - EVP and CFO Conference Call Participants Bryan Keane - Deutsche Bank Keith Bachman - BMO Bryan Bergin - TD Cowen Ashwin Shirvaikar - Citi Rod Bourgeois - DeepDive Lisa Ellis - MoffettNathanson Jason Kupferberg - Bank of America Operator Good afternoon. My name is Emma, and I will be your conference operator today. At this ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to __________________ Commission File No.: 1-4850 DXC TECHNOLOGY COMPANY (Exact name of registrant as specified in its charter) (State or other jur ...