secwatch.observer — SEC 8-K summary
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Issuer:     DXC Technology Co (DXC)
CIK:        0001688568
Form:       8-K
Filed at:   2021-11-03T23:59:59+00:00
Accession:  0001688568-21-000087
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DXC Q2 FY22: Non-GAAP EPS $0.90 (up 41%); raises FY22 EPS/margin guidance, cuts revenue guidance
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- Revenue $4.03B, down 11.6% YoY; organic revenue down 2.4%.
- Non-GAAP diluted EPS $0.90 vs $0.64 prior year, up 41%; adjusted EBIT margin 8.6% (up 240 bps).
- Free cash flow $404M in Q2; repurchased 2.1M shares for $83M.
- FY22 guidance: Non-GAAP EPS raised to $3.52-$3.72, adj. EBIT margin to 8.5%-8.9%; revenue lowered to $16.4B-$16.6B due to FX.
- Debt refinancing reduces annual interest expense ~$50M; bookings $3.7B, book-to-bill 0.91x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688568/000168856821000087/0001688568-21-000087-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688568/000168856821000087/dxc-20211103.htm
  HTML page:      https://secwatch.observer/filing/0001688568-21-000087

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