Remove Funds Remove Liabilities Remove Resale
article thumbnail

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.

Resale 189
article thumbnail

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%. billion tax liability. The offset to that is a deferred tax liability.

Resale 238
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

DXC Technology (DXC) Q4 2024 Earnings Call Transcript

The Motley Fool

Cloud infrastructure and IT outsourcing organic revenue declined 7%, an improvement from double-digit declines we saw in the prior three quarters due to a significant resale transaction delivered in the quarter. Modern Workplace organic revenue declined year to year in the mid-teens impacted by resale revenue, which was down 30%.

Resale 130
article thumbnail

DXC Technology (DXC) Q3 2024 Earnings Call Transcript

The Motley Fool

By this, I mean further reducing low-margin resale revenue and driving a higher level of services, including those directly associated with AI and automation. Our results continue to be impacted by the year-to-year decline of resale revenues, which was 90 basis points of the 4.5% Our financial focus is on improving the business mix.

Resale 130
article thumbnail

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. The second factor is the decline in resale revenues which drove 41% of our second quarter decrease in Cloud and ITO. Adjusted EBIT margin came in at 7.3%, also above our guidance range.

Resale 187
article thumbnail

DXC Technology (DXC) Q3 2025 Earnings Call Transcript

The Motley Fool

year to year organically and services revenue was down approximately 7% and resale fell approximately 16%. 3Q resale was down approximately 2%, improving from steeper declines in recent quarters, and we continue to be selective on our resale opportunities based on deal economics. The book-to-bill ratio of 1.51

Resale 130
article thumbnail

loanDepot (LDI) Q3 2024 Earnings Call Transcript

The Motley Fool

Volume guidance reflects the seasonal decrease in purchase activity and the impact of funding the higher volume loans locked during the third quarter that remains in our pipeline. And obviously, new build has been a really bright spot in the market over the last couple of years versus what we're seeing in resale. million and $7.5