DXC Technology Delivers Strong Second Quarter Results with Growth in Earnings per Share, Margins, and Cash Flow

We define segment profit as segment revenues less cost of services, segment selling, general and administrative, and depreciation and amortization (excluding amortization of acquired intangible assets). We do not allocate to our segments certain operating expenses managed at the corporate level. These unallocated costs include certain corporate function costs, stock-based compensation expense, pension and OPEB actuarial and settlement gains and losses, restructuring costs, transaction and integration-related costs and amortization of acquired intangible assets. The following table presents our segment profit and segment profit margins:

                 

Segment Profit

Three Months Ended
(in millions) September 30, 2017

Historical CSC
September 30, 2016

Pro Forma
Combined Company
September 30, 2016

Profit
GBS profit $ 380 $ 105 $ 265
GIS profit 469 66 156
USPS profit 109 68
All other profit (loss) (82 ) (51 ) (160 )
Interest Income 16 8 20
Interest expense (78 ) (29 ) (89 )
Restructuring costs (192 ) (25 ) (301 )
Transaction and integration-related costs (66 ) (53 ) (70 )
Amortization of acquired intangible assets (169 ) (22 ) (120 )
Income (loss) before income taxes $ 387   $ (1 ) $ (231 )
 
Segment profit margins
GBS 16.4 % 10.1 % 11.1 %
GIS 14.9 % 7.9 % 4.7 %
USPS 15.4 % % 10.1 %
 
 

Segment Profit

Six Months Ended
(in millions) September 30, 2017

Historical CSC
September 30, 2016

Pro Forma
Combined Company
September 30, 2016

Profit
GBS profit $ 662 $ 215 $ 551
GIS profit 759 117 223
USPS profit 186 149
All other profit (loss) (52 ) (106 ) (321 )
Interest Income 32 18 41
Interest expense (154 ) (54 ) (177 )
Restructuring costs (382 ) (82 ) (432 )
Transaction and integration-related costs (190 ) (109 ) (156 )
Amortization of acquired intangible assets (289 ) (36 ) (233 )
Pension and OPEB actuarial and settlement losses     (198 )
Income (loss) before income taxes $ 572   $ (37 ) $ (553 )
 
Segment profit margins
GBS 14.5 % 10.3 % 11.4 %
GIS 12.4 % 6.8 % 3.4 %
USPS 13.4 % % 10.8 %
 

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Jobs
Senior Principal Software Engineer for Autodesk at San Francisco, California
Equipment Engineer, Raxium for Google at Fremont, California
Principal Engineer for Autodesk at San Francisco, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Intergeo 2024 at Messe Stuttgart Messepiazza 1 Stuttgart Germany - Sep 24 - 26, 2024
GIS-Pro 2024 at Portland ME - Oct 7 - 10, 2024
Geo Sessions 2024 at United States - Oct 22 - 24, 2024



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise