DXC Technology (DXC) Tops Q1 EPS by 10c, Offers Guidance
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DXC Technology Reports First Quarter Fiscal Year 2022 Results
August 4, 2021 4:15 PM EDTFirst quarter revenues of $4.14 billion, down 8.0% as compared to prior year, and down 3.7% on an organic growth basis Net income was $282 million compared to a net loss of $199 million in the prior year quarter; EBIT was $466 million, or 11.3% of sales, as compared to (3.2)% in the prior year quarter; first quarter Adjusted EBIT margin was 8.0%, as compared to 4.2% in the prior year Diluted EPS was $1.07 compared to $(0.81) in the prior year quarter. Non-GAAP diluted EPS was $0.84, up 300% compared to $0.21 in Q1 FY21... More
