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DXC Technology (DXC)

9 annotations

broken the insurance business out.
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Transcript
2023 Q1
5 Aug 22
Moving to our GIS offerings,
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Transcript
2023 Q1
5 Aug 22
Moving to our GIS offerings, security was down point 0.3%, cloud infrastructure and IT outsourcing is performing in line with our expectations. With declines moderating at negative 4.4%. Modern Workplace was down 16.1% and improvement from the fourth quarter was down 19.6%.
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Transcript
2023 Q1
5 Aug 22
Moving to our GIS offerings, security was down point 0.3%, cloud infrastructure and IT outsourcing is performing in line with our expectations. With declines moderating at negative 4.4%. Modern Workplace was down 16.1% and improvement from the fourth quarter was down 19.6%.
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Transcript
2023 Q1
5 Aug 22
The GBS profit margin was down 250 basis points to 11.9% impacted by higher cost and FX
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Transcript
2023 Q1
5 Aug 22
irst quarter gross margin declined 40 basis points compared to prior year, primarily due to increased direct cost as a percent of revenue and unfavorable FX movements.
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Transcript
2023 Q1
5 Aug 22
enable the company to increase revenues and decrease costs. We are transforming their loyalty, technology and data to better ingest and manage the right data.
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Transcript
2023 Q1
5 Aug 22
free cash flow was negative 12 million, which is a significant improvement from the negative 304 million that we produced last year.
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Transcript
2023 Q1
5 Aug 22
We purposely pushed out deals in the areas of ITO and Modern Workplace due to poor economics
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Transcript
2023 Q1
5 Aug 22
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