secwatch.observer — SEC 8-K summary
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Issuer:     DXC Technology Co (DXC)
CIK:        0001688568
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0001688568-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DXC Q3 organic revenue down 3.8%, non-GAAP EPS $0.95; guides FY24 flat growth
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- Q3 revenue $3.57B, down 12.8% YoY (organic -3.8%); net income $61M vs $102M prior year.
- Non-GAAP diluted EPS $0.95, up from $0.92; Adjusted EBIT margin 8.7%, flat YoY.
- Free cash flow $463M, down from $550M; closed German banks sale for $323M, completing $500M portfolio shaping.
- FY23 guidance: organic rev growth (2.7)% to (2.6)%, Adj EBIT margin 8.0%-8.1%, Non-GAAP EPS $3.45-$3.50.
- Preliminary FY24: flat to 1% organic growth, Adj EBIT margin above FY23 but ≤9.0%, FCF above FY23 but ≤$900M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688568/000168856823000008/0001688568-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688568/000168856823000008/dxc-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001688568-23-000008

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