secwatch.observer — SEC 8-K summary
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Issuer:     DXC Technology Co (DXC)
CIK:        0001688568
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0001688568-22-000072
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688568/000168856822000072/0001688568-22-000072-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688568/000168856822000072/dxc-20221103.htm
  HTML page:      https://secwatch.observer/filing/0001688568-22-000072

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