- DXC Technology press release ( NYSE: DXC ): Q3 Non-GAAP EPS of $0.95 beats by $0.11 .
- Revenue of $3.57B (-12.7% Y/Y) in-line.
- Trailing twelve-month book-to-bill ratio of 1.06x and book-to-bill of 1.34x in the third quarter
- Q3 FY23 operating cash flow of $625 million, less capital expenditures of $162 million, resulted in $463 million of free cash flow
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The Company's preliminary fiscal year 2024 expectation is:
- Organic revenue growth of flat to 1%
- Adjusted EBIT margin above FY23 levels but do not expect the margin to exceed 9.0%
- Free cash flow above FY23 levels, but do not expect to exceed $900 million
- Restructuring and TSI expense of ~$100 million
For further details see:
DXC Technology Non-GAAP EPS of $0.95 beats by $0.11, revenue of $3.57B in-line