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DXC Technology (DXC) Q1 2024 Earnings Call Transcript

The Motley Fool

Although this is not great news, I would like to point out that a major piece of the revenue shortfall was resale revenue, which is low margin, and we have conscientiously reduced over the last few years to limit our dependency on this type of revenue. So, in the short term, the underrun and resale revenue impacts bottom-line profit.

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Broadcom (AVGO) Q3 2024 Earnings Call Transcript

The Motley Fool

Finally, Q3 industrial resales of $164 million declined 31% year on year. We believe we are approaching bottom in Q3 as Q4 resales are expected to recover sequentially. Year on year, Q4 industrial resales will still be down approximately 20%. This figure excludes $149 million of depreciation. billion tax liability.

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DXC Technology (DXC) Q4 2024 Earnings Call Transcript

The Motley Fool

Depreciation and amortization was flat year to year as a percent of revenue, down $17 million, reflecting continued capital discipline. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%. And with the resale, it will be negative double digits, low double digits.

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Broadcom (AVGO) Q2 2024 Earnings Call Transcript

The Motley Fool

Finally, Q2 industrial resale of $234 million declined 10% year on year. And for fiscal '24, we now expect industrial resale to be down double-digit percentage year on year, compared to our prior guidance for high single-digit decline. This figure excludes 149 million of depreciation. Adjusted EBITDA was 7.4

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Broadcom (AVGO) Q4 2023 Earnings Call Transcript

The Motley Fool

Industrial resales were 962 million. In fiscal '24, we expect industrial resales to be down low single digits year on year. This figure excludes 124 million of depreciation. This figure excludes 502 million of depreciation. And finally, Q4 industrial sales of 236 million was stable year on year in fiscal '23.

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Broadcom (AVGO) Q1 2024 Earnings Call Transcript

The Motley Fool

And finally, Q1 industrial resales of $215 million declined 6% year on year. In fiscal '24, we continue to expand industrial resales to be down high single digits year upon year. This figure excludes $139 million of depreciation. Excluding transition costs of $226 million in Q1, operating profit of $7.1 Adjusted EBITDA was $7.2

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DXC Technology (DXC) Q2 2024 Earnings Call Transcript

The Motley Fool

year-to-year decline, 160 basis points came from a reduced level of low-margin resale revenues, which was in line with our expectations. Depreciation and amortization was down $7 million compared to the prior year. The second factor is the decline in resale revenues which drove 41% of our second quarter decrease in Cloud and ITO.

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