DXC Technology (NYSE: DXC), a leading information technology services and consulting company, has reported results for the first quarter of fiscal 2025.
- Total revenue came in at $3.24 billion in the first three months of fiscal 2025, down 6%; on an organic basis, revenue dropped 4%
- Q1 earnings, on a per-share basis, were $0.14, compared to $0.17 in the prior year quarter; Adjusted earnings per share were $0.74, up 17%
- Net income declined by 40% from last year to $25 million in Q1, with a corresponding margin of 0.8%
- The company delivered operating cash flow of $238 million in the June quarter, up 87%; Free Cash Flow was $45 million
- The management raised the low end of its full-year adjusted EBIT margin outlook range by 50 basis points to 6.5% – 7.0%
- The low end of the full-year adjusted earnings per share guidance range has been increased by $0.25 to $2.75 – $3.00
- The company also raised its full-year free cash flow outlook by $50 million to approximately $450 million
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
GIS Earnings: All you need to know about General Mills’ Q1 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its first quarter 2025 earnings results today. Net sales decreased 1% year-over-year to $4.8 billion. Organic sales were down 1%. Net earnings attributable to
Guardian Pharmacy seeks to raise up to $108 mil in US IPO
Joining the wave of healthcare IPOs this year, amid Fed rate cut expectations, Guardian Pharmacy Services, Inc. is preparing to go public. In a statement filed with the Securities and
Earnings Preview: Will Micron (MU) maintain recovery momentum in Q4?
After recovering from a rough patch, Micron Technology Inc. (NASDAQ: MU) is preparing to report fourth-quarter results next week, even as the market keeps a close watch on the event
