DXC Technology

DXC Technology Co. provides technology consulting, outsourcing and support services. It operates through the following segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment provides technology solutions that help clients address challenges and accelerate the digital transformations that are tailored to each client's specific objectives. The GIS segment provides a portfolio of technology offerings that deliver predictable outcomes and measurable results while reducing business risk and operational costs for customers. The company was founded in 1959 and is headquartered in Ashburn, VA.

Earnings data Q4 2021

Earnings data Q1 2022

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DXC reports solid Q4 results, addresses macro concerns and opportunities

DXC Technology's Q4 performance demonstrated resilience and strategic progress. While facing macro concerns and competitive intensity, the company is focused on leveraging strengths in key segments and capitalizing on growth opportunities. The emphasis on higher-quality revenue and margin expansion reflects a proactive approach to future success.

DXC reports mixed Q1 performance, lowers full-year guidance

DXC Technology's Q1 earnings call highlighted a mixed performance, with growth in high-value GBS business but challenges in declining GIS business. The company lowered its full-year guidance, emphasizing expense management and strategic initiatives to address the challenging economic environment.

DXC Technology surpasses Q3 expectations, eyes growth opportunities

DXC Technology's Q3 performance exceeded expectations with strong financial metrics.
While facing challenges in organic revenue growth, the company is focused on stability and growth.
Opportunities lie in potential acquisitions, improving deal economics, and managing capital more efficiently.
Overall, DXC Technology is well-positioned for continued success and strategic expansion.

DXC Technology reports robust Q4 results and outlines strategic growth plans for FY24

DXC Technology's Q4 2023 Earnings Call highlighted strong financial performance, strategic transformation initiatives, and a focus on quality revenue growth.
The company aims to address challenges such as macro impacts, competitive deal-making, and infrastructure optimization while leveraging opportunities in AI, GBS growth, and margin efficiency.
By emphasizing relationship selling, value-based sales, and market seizing strategies, DXC Technology positions itself for success in FY24.
Investors should monitor the company's progress in executing its transformation journey, maintaining margins, and driving revenue and free cash flow growth.

DXC Technology reports mixed Q1 performance, focuses on growth

DXC Technology aims for improved profitability through operational enhancements and sustainable growth strategies.
The company faces challenges in GIS business but sees opportunities in revenue diversification and AI-driven initiatives.
Despite mixed performance, DXC Technology remains confident in its business outlook and growth prospects.

DXC Technology reports Q2 revenue decline but margin improvement

DXC Technology's Q2 2024 earnings call showcased mixed performance with revenue decline but margin improvement. The company is actively addressing challenges through cost reduction initiatives while aiming to seize opportunities in market demand and operational efficiency.

DXC Technology reports solid Q3 performance and outlines growth strategies

DXC Technology's Q3 performance reflects strength in meeting financial guidance and a focus on service delivery excellence under new leadership.
Challenges in certain segments prompt the company to enhance execution, cross-selling, and engagement optimization for margin growth and revenue acceleration.
Opportunities in security and insurance segments, talent retention, and operational improvements position DXC for future growth and performance optimization.

DXC Technology reports Q4 revenue decline but focuses on growth

DXC Technology's Q4 performance showed revenue decline but strong free cash flow and a focus on restructuring for efficiency and competitiveness.
The company is emphasizing growth in insurance services, aiming to shift towards SaaS, and is actively working on improving contract profitability and delivery.
Challenges include revenue decline expectations and the need to align physical capacity with restructuring efforts for improved margins.
Opportunities lie in partnerships for growth, improving conversion rates, and realigning business units for better customer engagement and profitability.

DXC Technology beats Q1 estimates amidst market challenges and opportunities

DXC Technology's Q1 performance exceeded expectations despite revenue decline, with strong margin and EPS growth.
Challenges include market uncertainty impacting spending and revamping strategies affecting bookings.
Strengths lie in new deal wins, operational enhancements, and focus on client satisfaction and IP protection.
Opportunities exist in sales team effectiveness, stable pricing, and continued investments for growth.

DXC Technology surpasses earnings expectations, focuses on innovation and growth

DXC Technology delivered strong financial results, exceeding guidance on adjusted EBIT margin and non-GAAP EPS.
While facing revenue decline challenges, the company is focused on innovation and refining delivery models.
Raised full-year guidance and strong free cash flow growth indicate confidence in future performance.
Addressing pricing dynamics and sustaining revenue growth are key focus areas for continued success.

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DXC Technology Co. engages in the provision of technology consulting, outsourcing and support services. It operates through the Global Business Services (GBS) and Global Infrastructure Services (GIS) segments. The GBS segment provides technology solutions that help clients address challenges and accelerate the digital transformations that are tailored to each client's specific objectives. The GIS segment offers a portfolio of technology offerings that deliver predictable outcomes and measurable results while reducing business risk and operational costs for customers. The company was founded in 1959 and is headquartered in Ashburn, VA.

ASHBURN, Va. , June 30, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider and a member of Oracle PartnerNetwork, today announced that it has expanded its established strategic cloud Managed Service Provider (MSP) partnership with Oracle to deliver new application services powered by Oracle Cloud Infrastructure (OCI).

DXC Technology Expands Enterprise Application Market Leadership Through Strategic Cloud Managed Service Provider Partnership with Oracle

DXC announces the availability of its newly launched Signal Private LTE and 5G solution, a private wireless network platform, in partnership with Nokia.

DXC and Nokia Team Up for Private Wireless Network Solution

Press Release Nokia partners with DXC Technology to Launch DXC Signal Private LTE and 5G Solution Companies to provide world-class private wireless networking solutions to propel organizations into the future New solution designed for key market segments including manufacturing, energy, healthcare, supply chain and logistics, transportation, and education 15 June 2023Espoo, Finland, and Ashburn, VA, USA – Nokia and DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations. As part of a global, strategic partnership, the two companies have made a commitment to providing world-class private wireless networking solutions that will propel organizations into the future.

Nokia partners with DXC Technology to Launch DXC Signal Private LTE and 5G Solution

ASHBURN, Va. , June 15, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, and Nokia, a market leader in private wireless networking, today announced the availability of DXC Signal Private LTE and 5G, a managed secure private wireless network and digitalization platform solution that helps industrial enterprises digitally transform their operations.

DXC Technology Partners with Nokia to Launch DXC Signal Private LTE and 5G Solution

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Software-driven innovation will be an enabler for the radical transformation needed to create a climate-secure future LONDON , May 31, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, has forecast five ways software will help create a more sustainable future in the next five years. "Technology has an outsized role in almost every aspect of sustainability – from increasing productivity, efficiency, and cost savings, to monitoring and modelling progress," said Henrik Hvid Jensen, Chief Technology Strategist, DXC.

DXC Technology Predicts Five Ways Software Will Accelerate Sustainability in the Next Five Years

DXC Technology's (DXC) Q4 earnings rise year over year, primarily driven by lower interest expenses and a reduction in share counts, partially offset by lower sales volumes and foreign exchange headwinds.

DXC Technology (DXC) Q4 Earnings Meet Estimates, Revenues Miss

DXC Technology Company (NYSE:DXC ) Q4 2023 Results Conference Call May 18, 2023 5:00 PM ET Company Participants John Sweeney - VP, IR Mike Salvino - Chairman, President and CEO Ken Sharp - EVP and CFO Conference Call Participants Bryan Keane - Deutsche Bank Keith Bachman - BMO Bryan Bergin - TD Cowen Ashwin Shirvaikar - Citi Rod Bourgeois - DeepDive Lisa Ellis - MoffettNathanson Jason Kupferberg - Bank of America Operator Good afternoon. My name is Emma, and I will be your conference operator today.

DXC Technology Company (DXC) Q4 2023 Earnings Call Transcript

DXC Technology Company. (DXC) came out with quarterly earnings of $1.02 per share, in line with the Zacks Consensus Estimate.

DXC Technology Company. (DXC) Matches Q4 Earnings Estimates

DXC Technology Co. DXC shares fell more than 5% in after-hours trading Thursday, after the company reported fourth-quarter sales and fiscal-year guidance that came in lower than Wall Street expected. DXC reported a fiscal fourth-quarter loss $758 million, or $3.38 a share, on sales of $3.59 billion, down from $4.01 billion a year ago.

DXC stock sinks after earnings as sales, guidance disappoint

ASHBURN, Va.--(BUSINESS WIRE)--Today, DXC Technology (NYSE: DXC) reported results for the fourth quarter and the full fiscal year 2023. “We are pleased with our performance in the fourth quarter and fiscal 2023, as it demonstrates that we are executing and positions us for more progress in fiscal year 2024.” said Mike Salvino, Chairman, President, and CEO of DXC. “The clear execution on our transformation journey by our talented team has delivered a better culture, stronger customers relationsh.

DXC Technology Reports Fourth Quarter and Full Fiscal Year 2023 Results

ASHBURN, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) today announced that Rob Del Bene has been appointed Executive Vice President and Chief Financial Officer, reporting to DXC Chairman, President and Chief Executive Officer Mike Salvino. He will officially begin his role effective June 15, 2023, succeeding CFO Ken Sharp, who is leaving DXC for personal reasons and will remain at DXC until September 15, 2023, to help ensure a smooth transition. Del Bene is a seasoned financial executive wi.

DXC Technology Names Rob Del Bene Chief Financial Officer

ASHBURN, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) today announced that it will release financial results for the fourth quarter and the full fiscal year 2023 on Thursday, May 18, 2023, at approximately 4:15 p.m. Eastern Daylight Time (EDT). DXC Technology senior management will host a conference call and webcast on the same day at 5:00 p.m. EDT. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passc.

DXC Technology to Report Fourth Quarter and Fiscal Year 2023 Results on Thursday, May 18, 2023

SAN FRANCISCO--(BUSINESS WIRE)-- #DXC--Stratodesk, the pioneer of secure managed endpoints for modern workspaces, today announced that its NoTouch software suite will be incorporated into DXC Technology's Modern Workplace Virtual Desktop Solution. DXC, a leading Fortune 500 global technology services company, provides managed digital workspaces for hundreds of companies around the world through its Modern Workplace offering. DXC's Virtual Desktop customers will now benefit from Stratodesk's NoTouch so.

DXC Technology Adds Stratodesk Product Suite to DXC Modern Workplace Solutions

Multi-year agreement includes commitment to engineer automotive digital solutions DXC logo to appear on SF-23 commencing Formula 1 Miami Grand Prix ASHBURN, Va. , May 3, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, today announced it has signed a multi-year agreement with Scuderia Ferrari, the racing division of Ferrari N.V.

Driven by Innovation: DXC Technology Announces Partnership with Scuderia Ferrari

SAP SE

DXC Premier Services for RISE with SAP features services focused on transformation and continuous improvement. ASHBURN, Va.

DXC Offers Comprehensive Services Suite to Help Organizations adopt RISE with SAP

DXC Secure Network Fabric Co-Developed with Hewlett Packard Enterprise and AMD Pensando ASHBURN, Va. , April 28, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the availability of DXC Secure Network Fabric, an integrated data center solution that is optimized for the hybrid cloud.

DXC Technology Announces New Solution to Optimize Hybrid Cloud

SANTA CLARA, Calif.--(BUSINESS WIRE)--Espressive, the pioneer in automating digital workplace assistance, today announced that DXC Technology, a leading Fortune 500 global technology services provider, has expanded its adoption of the Espressive AI-based virtual support agent (VSA), beyond IT to include support for HR and Supply Chain use cases, with more in the future. Instead of managing a chatbot for every department, which is time- and cost-intensive, the Espressive VSA will be the primary.

DXC Technology Expands Deployment of Espressive Beyond IT to HR and Supply Chain, Eliminating Disparate Chatbot Proliferation Across the Enterprise

Bank of America

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ASHBURN, Va. , March 16, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced it has been positioned by Gartner as a Leader in the Magic Quadrant for Outsourced Digital Workplace Services.

DXC Technology Recognized as a Leader in 2023 Gartner® Magic Quadrant™ for Outsourced Digital Workplace Services

The SEC imposes a fine of $8 million on DXC Technology (DXC) for allegedly making misleading disclosures regarding its non-GAAP financial performance between 2018 and early 2020.

DXC Fined by the SEC for Misleading Non-GAAP Disclosures

IT services provider DXC Technology Co. DXC agreed to pay an $8 million penalty and tighten up its financial reporting protocols after the Securities and Exchange Commission accused the company of making “misleading disclosures” related to its financials from 2018 to 2020, the agency said on Tuesday. The company neither admitted nor denied wrongdoing as part of the agreement.

SEC penalizes DXC Technology following accusations of ‘misleading' disclosures

The U.S. Securities and Exchange Commission said on Tuesday it charged IT services firm DXC Technology with making misleading disclosures about its non-GAAP financial performance in multiple reporting periods from 2018 until early 2020.

US SEC charges IT services firm DXC for 'misleading' non-GAAP disclosures

ASHBURN, Va.--(BUSINESS WIRE)--In response to market rumors and speculation, on Oct 4th, 2022, DXC Technology (NYSE: DXC) announced that it was approached by a financial sponsor regarding a potential acquisition of the company. Consistent with its fiduciary responsibility to maximize shareholder value, the company engaged in preliminary discussions and shared information with a financial sponsor.

DXC Technology Statement

Shift to Software-Defined Vehicles to transform global auto industry LONDON , Feb. 9, 2023 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services company, has forecast five ways the automotive industry will reshape our relationship with cars in the next five years. The shift to software-defined vehicles is transforming every aspect of the automotive industry – from how cars are designed, to how they are made, to how we use and service them.

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