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As you may know, I have been a DXC board member since 2020, having previously served as chairman of the Nominating and Corporate Governance Committee and as a member of the Compensation Committee. Our results continue to be impacted by the year-to-year decline of resale revenues, which was 90 basis points of the 4.5% year to year.
The thing I want to follow up about though, is that there's also a lot of fish staying out of the water because it's a real pain to be a publiccompany and there's a lot of private equity firms keeping these smaller companies private. They're not doing a ton of flashy press releases, but there's still great companies.
And since 2020, even though we have not made an acquisition, we have shown a robust trajectory of growth, driven by semiconductor growing at an 18% CAGR over the past three years. Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year.
We closed the deal January 2nd, 2020 Barry Ritholtz : And, and I’m assuming Covid didn’t really hurt them when everybody’s home. And then the third category that we’ve talked a little bit about is I really love resale luxury. 00:54:23 [Speaker Changed] The company itself. They both worked in it.
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