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Exhibit 99.1 Moved on Business Wire February 4 , 2021 DXC Technology Reports Third Quarter Fiscal 2021 Results Third quarter revenues of $ 4.3 billion Diluted EPS was $ 4.29 and non - GAAP diluted EPS was $ 0.84 Bookings of $ 4.9 billion and book - to bill ratio of 1.13x Revenue , margin and non - GAAP EPS exceeded our guidance range Paid down debt of $ 3.5 billion , strengthening the balance sheet TYSONS , Va . , February 4 , 2021 - DXC Technology ( NYSE : DXC ) today reported results for the third quarter and first nine months of fiscal year 2021 . " Our strong third quarter results demonstrate the good progress we are making executing on our transformation journey . We have done well attracting talent , improving the environment for our people , strengthening our customer relationships , taking out cost without disruption , and winning in the market , " said Mike Salvino , DXC president and chief executive officer . " I am pleased with the solid level of stability and momentum we are achieving and want to thank our people , customers , and shareholders for their support of the ' new DXC ' . " Financial Highlights - Third Quarter Fiscal 2021 • • Revenue in the third quarter was $ 4,288 million . Net income was $ 1,103 million for the third quarter . Non - GAAP net income was $ 221 million , excluding special items , net of tax . Diluted earnings per share was $ 4.29 ; non - GAAP diluted earnings per share was $ 0.84 . Net cash used in operating activities was $ ( 187 ) million . 1