The company said revenues for Q2 of fiscal 2024, which ended on February 29, 2024, were $15.8 billion, flat in both U.S. dollars and local currency, and new bookings were $21.6 billion.

1. 01

   The company said revenues for Q2 of fiscal 2024, which ended on February 29, 2024, were $15.8 billion, flat in both U.S. dollars and local currency, and new bookings were $21.6 billion.

2. 02

   The company said GAAP operating income for Q2 was $2.05 billion (operating margin of 13.0%), compared with $1.94 billion (12.3%) a year earlier, and GAAP diluted EPS was $2.63, up 10% from $2.39 a year earlier.

3. 03

   The company said free cash flow, calculated as operating cash flow of $2.10 billion less property and equipment additions of $110 million, was $1.99 billion for Q2. It also said it repurchased or redeemed 3.8 million shares for $1.3 billion in the same quarter.

4. 04

   The company updated its full-year fiscal 2024 revenue growth outlook to 1% to 3% in local currency, from the prior outlook of 2% to 5%, it said. Its adjusted EPS outlook is now $11.97 to $12.20, compared with the prior range of $11.97 to $12.32.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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