2023-05-18 16:20:17 ET
- DXC Technology press release ( NYSE: DXC ): Q4 Non-GAAP EPS of $1.02 misses by $0.02 .
- Revenue of $3.59B (-10.5% Y/Y) misses by $30M .
- Book-to-bill of 1.04x in the fourth quarter of FY23; book-to-bill in the quarter for both GBS and GIS segments was greater than 1.0x
- Q4 FY23 operating cash flow of $415 million, less capital expenditures of $146 million, resulted in free cash flow of $269 million
- The Company completed its $1 billion share repurchase initiative in April 2023. Today, DXC is announcing a new $1 billion share repurchase.
- 2024 Outlook: Revenue $14.4-$14.55B vs. consensus of $14.45B, Organic Revenue Growth (0.5)% to 0.5%, Adjusted EBIT Margin 8.0%-8.5%, Non-GAAP Diluted EPS $3.80-$4.05 vs. consensus of $3.96 .
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DXC Technology Non-GAAP EPS of $1.02 misses by $0.02, revenue of $3.59B misses by $30M