DXC Technology Reports Third Quarter Fiscal Year 2023 Results

Segment Profit

We define segment profit as segment revenues less costs of services, segment selling, general and administrative, depreciation and amortization, and other income (excluding the movement in foreign currency exchange rates on our foreign currency denominated assets and liabilities and the related economic hedges). The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated costs generally include certain corporate function costs, stock-based compensation expense, pension and other post-retirement benefits (“OPEB”) actuarial and settlement gains and losses, restructuring costs, transaction, separation and integration-related costs, and amortization of acquired intangible assets.

 

 

Three Months Ended

 

Nine Months Ended

(in millions)

 

December 31, 2022

 

December 31, 2021

 

December 31, 2022

 

December 31, 2021

GBS profit

 

$

244

 

 

$

315

 

 

$

672

 

 

$

885

 

GIS profit

 

 

123

 

 

 

102

 

 

 

364

 

 

 

351

 

All other loss

 

 

(58

)

 

 

(62

)

 

 

(199

)

 

 

(203

)

Subtotal

 

$

309

 

 

$

355

 

 

$

837

 

 

$

1,033

 

Interest income

 

 

41

 

 

 

15

 

 

 

89

 

 

 

51

 

Interest expense

 

 

(56

)

 

 

(38

)

 

 

(137

)

 

 

(161

)

Restructuring costs

 

 

(49

)

 

 

(36

)

 

 

(135

)

 

 

(248

)

Transaction, separation and integration-related costs

 

 

(6

)

 

 

(11

)

 

 

(12

)

 

 

(23

)

Amortization of acquired intangible assets

 

 

(100

)

 

 

(106

)

 

 

(305

)

 

 

(325

)

Merger related indemnification

 

 

(11

)

 

 

 

 

 

(21

)

 

 

 

SEC Matter

 

 

 

 

 

 

 

 

(8

)

 

 

 

(Losses) gains on dispositions

 

 

(9

)

 

 

(4

)

 

 

(12

)

 

 

343

 

Arbitration loss

 

 

(9

)

 

 

 

 

 

(9

)

 

 

 

Impairment losses

 

 

(8

)

 

 

 

 

 

(8

)

 

 

(10

)

Debt extinguishment costs

 

 

 

 

 

(2

)

 

 

 

 

 

(311

)

Pension and OPEB actuarial and settlement losses

 

 

 

 

 

(7

)

 

 

(1

)

 

 

(7

)

Income before income taxes

 

$

102

 

 

$

166

 

 

$

278

 

 

$

342

 

 

 

 

 

 

 

 

 

 

Segment profit margins

 

 

 

 

 

 

 

 

GBS

 

 

14.0

%

 

 

16.2

%

 

 

12.9

%

 

 

15.5

%

GIS

 

 

6.7

%

 

 

4.8

%

 

 

6.5

%

 

 

5.4

%


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11  Next Page »
Featured Video
Jobs
GIS Analyst for San Bernardino County Transportation Authority at San Bernardino, California
Geodetic Analyst, GIS Center (1282) for Idaho State University at Pocatello, Idaho
GEOGRAPHIC INFORMATION SYSTEM (GIS) COORDINATOR for Lassen County at Susanville, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Esri User Conference 2024 at san diego CA - Jul 15 - 19, 2024
URISA GIS Leadership Academy at Chicago IL - Aug 12 - 16, 2024
Commercial UAV Expo 2024 at Caesars Forum Las Vegas NV - Sep 3 - 5, 2024
Intergeo 2024 at Messe Stuttgart Messepiazza 1 Stuttgart Germany - Sep 24 - 26, 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