earnings
confidence high
sentiment neutral
materiality 0.90
DXC Technology Reports Q2 FY2024 Revenue of $3.44B, Net Income $99M, and $214M Share Buyback
DXC Technology Co
2024-Q2 EPS reported
$0.65
revenue$6,882,000,000
- Revenue down 3.6% YoY to $3.44B, organic decline 3.6% above high end of guidance
- Diluted EPS $0.49 vs $0.12 prior year; Non-GAAP diluted EPS $0.70 vs $0.75
- Operating cash flow $248M, free cash flow $91M, up from $17M a year ago
- Returned $214M to shareholders via share buyback, reducing shares outstanding by 4.9%
- GBS segment organic revenue up 2.4%; GIS down 9.1% organic