Perspecta Inc. (PRSP) [Rocket]

In millions, except per share items	Jan-01-21	Oct-02-20	Jul-03-20	Mar-31-20	Dec-31-19	Sep-30-19	Jun-30-19	Mar-31-19
	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K
Revenues:
Defense and Intelligence	795	796	776	759	813	777	752	739
Civilian and Health Care	339	346	332	340	313	395	355	355
Total revenues	1,134	1,142	1,108	1,099	1,126	1,172	1,107	1,094
Revenue growth [+]	0.7%	-2.6%	0.1%	0.5%	4.7%	9.7%	39.6%	-61.2%
Defense and Intelligence	-2.2%	2.4%	3.2%	2.7%	14.7%	10.7%	72.1%
Civilian and Health Care	8.3%	-12.4%	-6.5%	-4.2%	-14.5%	7.9%	-0.3%
Cost of goods sold	941	953	944	5,234	917	964	890	3,918
Gross profit	193	189	164	-4,135	209	208	217	-2,824
Gross margin	17.0%	16.5%	14.8%	-376.3%	18.6%	17.7%	19.6%	-258.1%
Selling, general and administrative	57	65	62	3,251	77	81	72	2,811
Other operating expenses	-46	-36	-51	-6,511	-91	-46	-46	-5,636
EBITDA [+]	182	160	153	-784	223	173	191	117
EBITDA growth	-18.4%	-7.5%	-19.9%	-770.1%	79.8%	57.3%	109.9%	51.9%
EBITDA margin	16.0%	14.0%	13.8%	-71.3%	19.8%	14.8%	17.3%	10.7%
Depreciation	-88	96	96	91	-60	90	101	116
EBITA	270	64	57	-875	283	83	90	1
EBITA margin	23.8%	5.6%	5.1%	-79.6%	25.1%	7.1%	8.1%	0.1%
Amortization of intangibles	181				152
EBIT [+]	89	64	57	-875	131	83	90	1
EBIT growth	-32.1%	-22.9%	-36.7%	-87600.0%	172.9%	130.6%	233.3%	-96.2%
EBIT margin	7.8%	5.6%	5.1%	-79.6%	11.6%	7.1%	8.1%	0.1%
Non-recurring items	2	13	18			2	2
Interest expense	28	29	30		34	36	35
Interest expense	28	29	30	32	34	36	35	37
Other income (expense), net				23				23
Pre-tax income	59	22	9	-884	97	45	53	-13
Income taxes	14	3	6	-95	22	8	11	6
Tax rate	23.7%	13.6%	66.7%	10.7%	22.7%	17.8%	20.8%
Net income	45	19	3	-789	75	37	42	-19
Net margin	4.0%	1.7%	0.3%	-71.8%	6.7%	3.2%	3.8%	-1.7%

Basic EPS [+]	$0.28	$0.12	$18.68	($4.87)	$0.46	$0.23	$0.26	($0.12)
Growth	-39.7%	-48.2%	7138.9%	4118.5%	100.6%	57.3%	47.4%	-151.4%
Diluted EPS [+]	$0.28	$0.12	$18.68	($4.87)	$0.46	$0.23	$0.26	($0.12)
Growth	-39.9%	-48.3%	7160.7%	4125.2%	99.9%	56.9%	47.2%	-151.3%

Dividends per share [+]	$0.07	$0.07	$62.25		$0.06	$0.06	$0.05
Growth	10.5%	11.0%	126580.8%

Shares outstanding (basic) [+]	161	161	0	162	162	162	163	165
Growth	-0.5%	-0.9%	-99.9%	-1.6%	-1.6%	-2.0%	-1.8%	15.5%
Shares outstanding (diluted) [+]	162	162	0	162	162	163	163	165
Growth	-0.2%	-0.6%	-99.9%	-1.7%	-1.3%	-1.7%	-1.6%	15.7%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.