Reports Q1 revenue $3.45B, consensus $3.56B. Mike Salvino, DXC Chairman, President and CEO commented: “Our first quarter FY24 financial performance was mixed. While revenue and margin fell short of our expectations, free cash flow was better than expected. Our performance was impacted by lower than anticipated resale and project revenues. As a result of these factors, today we are reducing our guidance to reflect the challenging economic environment.”
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