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DXC- Quarterly Update

DXC- Quarterly Update

Who Is This Quarterly Update For?
NelsonHall's Quarterly Update on DXC's provides a snapshot of development at the company in the last quater. It accompanies NelsonHall's more commprehensive Key Vendor Assessment program.

Both programs are designed for:
- Marketing, sales and business managers developing strategies to target service opportunities within the BPO/IT Services markets
- Sourcing managers monitoring the capabilities of existing ssuppliers of IT and BPO services and identifying vendor suitability for these services
- Consultants advising clients on vendor selection
- Vendor marketing, sales and business managers llooking to bechmark themselves agaisnt their peers
- Financial analysts and investors specializing in BPO/IT services sectors

Highlights
Q2 FY19 performance mixed:
- Revenues mis by $200m. Two primary causes: heads of Americas region and application services business booth fired: heads of Americas region and application services business both fired; plans to increase hiring of and bench for digital skills
- Maintains momentum in major margin improvement across segments
- B2B does not improve from Q1
FY19 guidance revised: revenue guidance trimmed by $800m
Fy19 cost take out target incrreased by $175m
The incrremental savwings will help offset the impact of the revised revenue guidance.

Continues to acquire
To meet the following priorities:
- Scaling ServiceNow practice internationally:
- Expanding Salesforce
- Expansion of Medicaid business

Scope of the Report
THe reprot provides a quarterly update on DXC, looking at financial performance and key developments during the period.


Overview
Financials
M&A and Investments
New Partnerships and Offerings
Recent Contracts
Immediate Challenges
Appendix A: Financials
Appendix B: Bookings

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