DXC has announced its Q1 FY22 results, for the period ending June 31, 2022:
- Revenues were $3,707m, down 10.5% y/y, and down 2.6% CS.
- EBIT was $259m, a margin of 7.0%, up 1.0 pts y/y
- Adjusted EBIT was $139m, a margin of 3.7%, down 7.0 pts y/y.
Q1 FY23 revenue breakdown by service line (and y/y revenue growth on an actual and CS basis) was:
- Global Business Services (GBS): $1,758m (-6.8%, +2.8%).
- Analytics and Engineering: $503m (+9.8,+15.7%)
- Applications: $882m (-8.8%, -2.0%)
- BPS: $368m (-4.4%, +0.3% in CS)
- Global Infrastructure Services (GIS): $1,949m (-13.5%, -7.2%).
- Security: $105m (-7.1%, -0.3%)
- Cloud Infrastructure & ITO: $1,395m (-10.2%, -4.4%)
- Modern Workplace: $448m (-21.5%, -16.1%)
Q1 FY23 profit margin by service line (and in Q4 FY22) was:
- GBS: 11.9% (15.3%)
- GIS: 6.5% (5.5%).
Q3 FY21 bookings were $3.22bn, a b2b of 1.06, up from $2.8bn in Q4 FY22. 57% was new work and 43% renewals. The breakdown by service line was:
- GBS: $1,7bn (Q2 FY21: $1.8bn)
- GIS: $1.5bn ($1.9bn).
The guidance for Q1 FY23 is
- Revenues in the range of $3.55-3.58bn
- An adjusted EBIT margin the range of 10.0-11.0%.
| Vendor | DXC Technology |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2022-06-30 |
| Growth | -10.5 |
| Revenues ((m) in local currency | 3707 |
| Revenues (in $m at that date) | 3707 |