DXC Q2 FY23 revenue $3.57B, -11.4% YoY; Non-GAAP EPS $0.75; guides Q3 organic down 2.5-1.5%

DXC Technology Co

2023-Q2 EPS reported $0.55 revenue$7,273,000,000

Revenue $3,566M, down 11.4% YoY; organic decline 1.5%, at high end of guidance range.
GAAP diluted EPS $0.12; Non-GAAP diluted EPS $0.75, down from $0.90 prior year.
Adjusted EBIT margin 7.5%, down 110 bps from 8.6% YoY; cost optimization cited.
Free cash flow $17M, down from $404M in Q2 FY22; impacted by German bank deposits.
Q3 FY23 guidance: organic rev -2.5% to -1.5%, Non-GAAP EPS $0.80-$0.85.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DXC Technology Co reported second quarter of fiscal 2023 ended September 30, 2022 results: revenue $3.57 billion, net income $28 million, EPS $0.12.

Period: second quarter of fiscal 2023 ended September 30, 2022
Revenue: $3.57 billion
Net income: $28 million
EPS: $0.12
Result: reported results

Exact text from the filing

as shall be expressly set forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- DXC Technology Reports Second Quarter Fiscal Year 2023 Results • Revenues of $3.57 billion for Q2 FY23, down 11.4% as compared to prior year period, and down 1.5% on an organic basis • Diluted Earnings Per Share was $0.12 and Non-GAAP Diluted Earnings Per Share was

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Source: SEC EDGAR

accession 0001688568-22-000072

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