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DXC Technology's Fiscal Q4 Adjusted EPS, Revenue Fall; Q1, FY Outlook Set; Shares Tumble After Hours
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DXC Technology's Fiscal Q4 Adjusted EPS, Revenue Fall; Q1, FY Outlook Set; Shares Tumble After Hours
May 16, 2024 2:20 PM

04:51 PM EDT, 05/16/2024 (MT Newswires) -- DXC Technology ( DXC ) reported fiscal Q4 non-GAAP earnings late Thursday of $0.97 per diluted share, down from $1.02 a year earlier.

Analysts polled by Capital IQ expected $0.83.

Revenue in the quarter ended March 31 fell to $3.39 billion from $3.59 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.37 billion.

The company expects fiscal Q1 non-GAAP EPS of $0.55 to $0.60 on revenue of $3.1 billion and $3.15 billion. Analysts polled by Capital IQ expect EPS $0.77 on revenue of $3.3 billion.

DXC expects fiscal year 2025 adjusted EPS of $2.50 to $3 on revenue of $12.67 billion to $12.95 billion. Analysts polled by Capital IQ expect EPS of $3.52 on revenue of $13.2 billion.

Shares of DXC Technology ( DXC ) tumbled 19% in after-hours activity.

Price: 16.20, Change: -3.68, Percent Change: -18.51

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