First Quarter 2020

Business Highlights

  • Closed sale of U.S. Federal business on March 13, 2020; $1.2 billion in net proceeds
  • Technology revenue growth of 11.2% year over year, ahead of internal expectations
  • Non-GAAP operating profit margin up 70 basis points year over year to 5.5%, relative to 4.8% in prior-year period
  • Non-GAAP diluted earnings per share(7) from continuing operations of $0.01 versus a loss of $0.11 in prior-year period
  • Company withdraws guidance in light of the current COVID-19 pandemic

1Q20 Non-GAAP Adjusted Revenue Profile ($M)

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1Q20 GAAP Revenue Profile ($M)

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