Financial Performance - Revenues for the three months ended December 31, 2021, were $4,089 million, a decrease of 4.6% from $4,288 million in the same period of 2020[9] - Net income for the three months ended December 31, 2021, was $102 million, down 90.7% from $1,103 million in the same period of 2020[9] - For the nine months ended December 31, 2021, total revenues were $12,257 million, down 8.1% from $13,344 million in the prior year[106] - Net income for the nine months ended December 31, 2021, was $197 million, a decrease of 70% compared to $658 million for the same period in 2020[16] - Income before income taxes for the three months ended December 31, 2021, was $166 million, a decrease from $1,978 million in the same period of 2020[161] - Income before income taxes for the nine months ended December 31, 2021, was $342 million, compared to $1,447 million for the same period in 2020[204] Earnings and Shareholder Returns - Basic earnings per share for the three months ended December 31, 2021, was $0.39, down from $4.32 in the same period of 2020[9] - Diluted earnings per share for the three months ended December 31, 2021, were $0.38, a significant decrease from $4.29 in the same period of 2020[204] - The total number of shares repurchased during the nine months ended December 31, 2021, was 10,617,767, at an average price of $34.15 per share, totaling $363 million[139] Assets and Liabilities - Total current assets decreased to $7,503 million as of December 31, 2021, from $8,208 million as of March 31, 2021, representing a decline of 8.6%[14] - Total liabilities decreased to $14,866 million as of December 31, 2021, from $16,730 million as of March 31, 2021, a reduction of 11.6%[14] - Total equity decreased to $5,087 million as of December 31, 2021, from $5,308 million as of March 31, 2021, a decline of 4.2%[14] - Cash and cash equivalents were $2,919 million as of December 31, 2021, slightly down from $2,968 million as of March 31, 2021[14] Restructuring and Costs - The company incurred restructuring costs of $36 million for the three months ended December 31, 2021, compared to $104 million in the same period of 2020[9] - Total restructuring costs for the nine months ended December 31, 2021, were $248 million, down from $441 million in the same period of 2020[111] - Share-based compensation expense increased to $77 million from $42 million year-over-year[16] Cash Flow and Financing Activities - Net cash provided by operating activities increased significantly to $1,230 million from $404 million year-over-year[16] - The company reported a net cash used in financing activities of $1,460 million, a reduction from $4,671 million in the previous year[16] - Cash payments for income taxes for the nine months ended December 31, 2021, were $326 million, compared to $159 million for the same period in 2020[151] Tax and Legal Matters - The effective tax rate (ETR) for the three months ended December 31, 2021, was 38.6%, down from 44.2% for the same period in 2020[128] - The company recorded a tax indemnification receivable of $34 million related to uncertain tax positions and $68 million related to other tax payables in connection with the HPES Merger[130] - The IRS has examined the company's federal income tax returns from fiscal 2008 through the tax year ended October 31, 2018, with potential federal and state tax expense of $456 million if the company does not prevail in ongoing disputes[133] Segment Performance - Segment profit for Global Business Services (GBS) was $315 million for the three months ended December 31, 2021, up from $273 million in the same period of 2020, representing an increase of about 15.4%[157] - Total profit for reportable segments increased to $417 million for the three months ended December 31, 2021, compared to $361 million for the same period in 2020, representing a growth of 15.5%[161] Other Comprehensive Income - Comprehensive income for the three months ended December 31, 2021, was $200 million, down from $1,259 million in the same period of 2020[11] - The balance of accumulated other comprehensive income (loss) at December 31, 2021, was $(385) million, reflecting foreign currency translation adjustments and pension benefits[141]

Financial Data and Key Metrics Changes - The company's Q2 revenue was $4.03 billion, with organic revenue growth improving from a decline of 3.7% in Q1 to a decline of 2.4% in Q2 [5][13] - Adjusted EBITDA margin increased to 8.6%, up from 8% in Q1, marking the third consecutive quarter of margin expansion [6][14] - Non-GAAP EPS for the quarter was $0.90, a 41% increase compared to $0.64 a year ago [7][14] - Free cash flow turned positive, totaling approximately $100 million year-to-date [7][21] Business Line Data and Key Metrics Changes - The GBS segment showed positive organic revenue growth of 3.4%, up from 2% in Q1 [6][14] - The GIS segment's organic revenue declined by 8%, an improvement from a 9.1% decline in Q1 [6][15] - Analytics and engineering revenue grew by 17.3%, contributing positively to the GBS segment [12][15] Market Data and Key Metrics Changes - Book-to-bill ratio for the quarter was 0.91, below the target of 1, but year-to-date it remains above 1 [6][14] - 59% of bookings in Q2 were new work, while 41% were renewals, indicating a focus on expanding existing customer relationships [11] Company Strategy and Development Direction - The company is focused on a "People First" strategy to attract and retain talent, which is essential for growth [7][8] - Emphasis on cross-selling services to existing customers and building trusted relationships to drive organic revenue growth [9][11] - The company is optimizing costs and improving operational efficiency through various initiatives, including reducing real estate footprint and enhancing service delivery [10][27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing transformation journey and the potential for continued organic revenue growth [27][28] - The company anticipates achieving double-digit margin guidance for FY24, supported by improved operational metrics [27][58] - Management acknowledged challenges in the market but remains optimistic about the demand for services and the ability to fulfill it [31][32] Other Important Information - The company reduced its debt significantly from $12 billion to $5.1 billion, improving its financial position [17][21] - Capital expenditures were reduced from $225 million in Q1 to $159 million in Q2, reflecting better management of capital spend [20][21] Q&A Session Summary Question: Bookings and Demand Picture - Management noted that while the book-to-bill ratio was below 1 for the quarter, year-to-date performance remains strong, indicating confidence in demand [30][31] Question: GBS Revenue and Margin Progress - Management highlighted the potential for GBS revenue to grow into mid-single digits and for margins to improve further [35] Question: Free Cash Flow Outlook - Management indicated that free cash flow for Q3 is expected to be around $50 million to $100 million, factoring in non-recurring items [42][43] Question: Attrition and Talent Management - Management stated that attrition is being managed well, with a focus on maintaining a motivated workforce [45][46] Question: Competitive Landscape - Management expressed confidence in the company's competitive position, particularly in analytics and engineering, while focusing on expanding relationships with Platinum accounts [59][60]

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, 2021 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) Nevada 61-18003 ...

DXC Technology Company (NYSE:DXC) Q1 2022 Earnings Conference Call August 4, 2021 5:00 PM ET Company Participants John Sweeney - Vice President of Investor Relations Mike Salvino - President and CEO Ken Sharp - Executive Vice President and CFO Conference Call Participants Bryan Keane - Deutsche Bank Lisa Ellis - MoffettNathanson Keith Bachman - BMO Capital Markets Rod Bourgeois - DeepDive Bryan Bergin - Cowen Darrin Peller - Wolfe Research James Faucette - Morgan Stanley Operator Good day. Thank you for sta ...

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, 2021 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) Nevada 61-1800317 (S ...

DXC Technology Company Q4 2021 Earnings Conference Call May 25, 2021 5:00 PM ET Company Participants John Sweeney - VP of IR Mike Salvino - President and CEO Ken Sharp - EVP and CFO Conference Call Participants Ashwin Shirvaikar - Citi Brian King - Deutsche Bank Darrin Peller - Wolfe Research Lisa Ellis - Moffett Nathanson Bryan Bergin - Cowen and Company Rod Bourgeois - DeepDive Equity Operator Good day and thank you for standing by. Welcome to the DXC Technology, FY ’21 Q4 Earning Call. At this time all ...

DXC Technology Company (NYSE:DXC) Q3 2021 Earnings Conference Call February 4, 2021 5:00 PM ET Company Representatives Mike Salvino - President, Chief Executive Officer Ken Sharp - Executive Vice President, Chief Financial Officer Shailesh Murali - Investor Relations Conference Call Participants Ashwin Shirvaikar - Citi James Faucette - Morgan Stanley Rod Bourgeois - DeepDive Equity Lisa Ellis - Moffett Nathanson Bryan Bergin - Cowen and Company Operator Good day everyone and thank you for standing by. Welc ...

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 December 31, 2020 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) DXC.technology N ...

DXC Technology Company (NYSE:DXC) Q2 2021 Earnings Conference Call November 5, 2020 4:45 PM ET Company Participants Shailesh Murali - Investor Relations Mike Salvino - President and Chief Executive Officer Neil Manna - Senior Vice President and Corporate Controller, Interim CFO Conference Call Participants Rod Bourgeois - DeepDive Equity Research Ashwin Shirvaikar - Citi Lisa Ellis - MoffettNathanson Jonathan Lee - Morgan Stanley Operator Good day and welcome to the DXC Technology’s Conference Call. Today' ...

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, 2020 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) Nevada 61-18003 ...