secwatch.observer — SEC 8-K summary
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Issuer:     DXC Technology Co (DXC)
CIK:        0001688568
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0001688568-23-000114
Event type: earnings
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DXC Technology Reports Q2 FY2024 Revenue of $3.44B, Net Income $99M, and $214M Share Buyback
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- 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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1688568/000168856823000114/0001688568-23-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1688568/000168856823000114/dxc-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001688568-23-000114

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