DXC Technology has announced its Q4 FY21 results, the period ending March 31, 2021:
- Revenues were $4,385m, down 8.9% y/y, down 13.5% y/y at cc, and down 7.0% y/y at CC/CS
- EBIT was ($804m), a margin of (18.3%), up 54.4 pts
- Adjusted EBIT was $329m, a margin of 7.5%, down 0.2 pts y/y.
Q4 FY21 revenue breakdown by service line (and y/y revenue growth on actual, CC, and CC/CS basis) was:
- Global Business Services (GBS): $1,999m (-13.4%, -17.6%, -4.0%)
- Applications were down 7.2% y/y
- Analytics and engineering was up 8.4 y/y
- Workplace and horizontal BPO was down 10.5% y/y - Global Infrastructure Services (GIS): $2,386m (-4.8%, -9.8%, -9.3%)
- ITO was down 5.7% y/y due to run-offs and terminations
- Cloud & security was down 7.2% y/y.
Q4 FY21 bookings were $4.7bn ($4.4bn in Q3 Y20), a B2B of 1.08 (0.98).
53% of bookings were new scope and 47% renewals.
The Q4 FY21 breakdown by service line (and in Q4 FY20) is:
- GBS: $2.4bn ($2.2n), a B2B of 1.20 (0.95)
- Analytics and engineering: 1.46
- Applications: 1.06 - GIS: $2.3bn ($2.2bn), a B2B of 0.98 (0.87)
- Cloud and security: 1.08
- IT outsourcing: 0.98.
DXC Technology has announced its FY21 results, the period ending March 31, 2021:
- Revenues were $17,729m, down 9.4% y/y, down 11.1% y/y at cc, and down 9.6% y/y at CC/CS
- EBIT was ($146m), a margin of (0.8%), up 24.8 pts
- Adjusted EBIT was $1,102m, a margin of 6.2%, down 4.3 pts y/y
FY21 revenue breakdown by service line (and y/y revenue growth on actual, CC, and CC/CS basis) was:
- Global Business Services (GBS): $8,336m (-8.5%, -10.1%, -6.6%)
- Global Infrastructure Services (GIS): $9,393m (-10.3%, -11.9%, -11.8%).
FY21 bookings were $19.8bn ($17.7bn in FY20), a B2B of 1.12 (0.90).
The FY21 breakdown by service line (and in FY20) is:
- GBS: $11.0bn ($9.0bn), a B2B of 1.32 (0.99)
- GIS: $8.8bn ($8.7bn), a B2B of 0.94 (0.83)
Vendor | DXC Technology |
Initial currency type (specify local currency used) | US$ |
Period Ending | 2021-03-31 |
Growth | -8.9 |
Revenues ((m) in local currency | 4385 |
Revenues (in $m at that date) | 4385 |