DXC Technology (DXC) Misses Q4 EPS by 3c; Offers FY24 Guidance

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Go back to DXC Technology (DXC) Misses Q4 EPS by 3c; Offers FY24 Guidance

DXC Technology Reports Fourth Quarter and Full Fiscal Year 2023 Results

May 18, 2023 4:15 PM EDT

Revenues of $3.59 billion for Q4 FY23, down 10.4% as compared to prior year period, and down 2.9% on an organic basis Diluted Loss Per Share was $(3.38) and Non-GAAP Diluted Earnings Per Share was $1.02 in Q4 FY23 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.... More