DXC Technology Co

NYSE:DXC   3:59:57 PM EDT
30.33
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Other Pre-Announcement

Dxc Technology Reports Fourth Quarter Fiscal Year 2022 Results

Published: 05/25/2022 21:33 GMT
DXC Technology Co (DXC) - Dxc Technology Reports Fourth Quarter Fiscal Year 2022 Results.
Q4 Non-GAAP Earnings per Share $0.84.
Q4 Earnings per Share $2.14.
Q4 Revenue Fell 8.6 Percent to $4.01 Billion.
Q4 Earnings per Share View $0.99, Revenue View $4.12 Billion -- Refinitiv Ibes Data (analyst estimates).
Subsequent to End of Quarter, Dxc Exited Its Domestic Russian Business.
Exit of Russian Market Will Reduce Revenues by Approximately $140 Million Annually.
Despite Ongoing Conflict, Ukraine Revenues Have Only Seen a Minor Impact Stemming From Conflict in Quarter.
During Q4, Dxc Spent Approximately $16 Million Related to Russia's Invasion of Ukraine.
Reaffirmed Its Longer-term Guidance.
Sees Q1 Revenue $$3,700 Million -$3,750 Million.
Sees Q1 Non-GAAP Diluted EPS $0.80-$0.85.
Sees FY 2024 Non-GAAP Earnings per Share $5.00 to $5.25 .
Sees Revenue $14,900 Million - $15,050 Million in FY 23.
Q1 Earnings per Share View $0.94, Revenue View $4.03 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $4.25, Revenue View $16.12 Billion -- Refinitiv Ibes Data (analyst estimates).