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DXC Opens Farnborough Office, Launches Aerospace and Defense Hub in the UK
Prnewswire· 2025-06-26 18:06
ASHBURN, Va., June 26, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the official opening of its office in Farnborough, a state-of-the-art location that is home to DXC's dedicated Aerospace and Defense Hub. This milestone follows the recent opening of DXC's first office in Toronto and is part of the company's broader growth strategy, reinforcing its commitment to talent, innovation, and customer success across the globe.  The c ...
DXC Recognized as a Leader in NelsonHall's 2025 NEAT Evaluation for Cognitive & Self-Healing IT Infrastructure Management
Prnewswire· 2025-06-11 13:00
ASHBURN, Va., June 11, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named a leader in all categories of the 2025 Cognitive & Self-Healing IT Infrastructure Management report by global analyst firm NelsonHall's Vendor Evaluation & Assessment Tool (NEAT). The recognition highlights DXC's advanced capabilities in leveraging AI to automatically detect, diagnose, and resolve IT issues to reduce downtime, enhance performance, and drive operati ...
DXC Technology Recognized by Newsweek as one of America's Greatest Workplaces for Second Consecutive Year
Prnewswire· 2025-06-04 14:00
ASHBURN, Va., June 4, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced that it has been named to Newsweek's list of America's Greatest Workplaces for the second year in a row. The recognition reflects DXC's ongoing commitment to cultivating a workplace where employees are prepared for the future of work and empowered to learn, grow, and thrive. DXC Technology Recognized by Newsweek as one of America’s Greatest Workplaces for Secon ...
ISA Vías and DXC Enhance Road Safety on One of Chile's Most Critical Highways Using Digital Twin Technology
Prnewswire· 2025-06-04 13:00
ASHBURN, Va., June 4, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced a collaboration with ISA Vías, a leading road infrastructure operator in Chile. Together, they have implemented a Digital Twin platform that is transforming road safety along the Ruta del Maipo, one of the country's most critical transportation routes, which serves over 7 million vehicles per month. ISA Vías and DXC Enhance Road Safety on One of Chile's Most Cri ...
DXC relaunches SAP Fast RISE offering in Mexico, powered by Microsoft Azure, to accelerate secure and local digital transformation
Prnewswire· 2025-06-02 14:00
MEXICO CITY, June 2, 2025 /PRNewswire/ - DXC Technology, a leading Fortune 500 global technology services provider, today announced the relaunch of its DXC Fast RISE with SAP service in Mexico. This initiative gains new momentum following the recent availability of RISE with SAP, now hosted on Microsoft Azure, expanding opportunities to accelerate a cloud-based economy in Mexico through Microsoft's hyperscale datacenter region: Central Mexico.This announcement marks a significant milestone for Mexican organ ...
Dynatrace Names DXC Global Partner of the Year
Prnewswire· 2025-05-30 13:00
ASHBURN, Va., May 30, 2025 /PRNewswire/ - DXC Technology, a leading Fortune 500 global technology services provider, today announced it has been named Global Partner of the Year at the Dynatrace Amplify Partner Sales Kickoff. The award recognizes DXC's 15-year strategic collaboration with Dynatrace—marked by deep technical expertise, strategic investment, and transformative results for enterprise customers worldwide.  Dynatrace Names DXC Global Partner of the Year (CNW Group/DXC Technology Company) The ...
DXC Technology(DXC) - 2025 FY - Earnings Call Transcript
2025-05-29 18:15
Financial Data and Key Metrics Changes - The company reported a book-to-bill ratio of over 1.0, indicating a positive revenue trajectory is being established [11] - The guidance for free cash flow is set at $600 million, reflecting a reduction from the previous year's range of $680 million to $690 million due to a decrease in after-tax EBIT and an increase in restructuring costs [54][58] Business Line Data and Key Metrics Changes - The company is focusing on strategic projects, which have shown strength in the pipeline, while shorter-term project-based services have seen a slowdown [31][32] - The average contract value (ACV) for bookings has increased, with longer-term durations compared to the previous year, indicating a shift in the mix of work won [37] Market Data and Key Metrics Changes - The company has observed varying impacts across different industries due to macroeconomic factors, with some industries experiencing more turbulence than others [27][28] - There is a noted increase in customer engagement, with clients expressing a desire to expand their use of the company's services [22][25] Company Strategy and Development Direction - The company is undergoing a turnaround focused on four pillars: people, process, culture, and scale, aiming to unify operations and improve efficiency [5][10] - The management is prioritizing AI-centric work and modernization in financial services as key growth areas [11][26] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the execution risk associated with changes but believes the risk of not making changes is greater, especially given the history of revenue decline [19][20] - The outlook remains cautious due to economic uncertainties, but there is confidence in the company's ability to execute on its pipeline and achieve positive revenue growth [61] Other Important Information - The company has initiated a $150 million share repurchase program for 2026, with plans to deploy it opportunistically throughout the year [62] - There is an emphasis on maintaining a solid foundation before considering mergers and acquisitions, ensuring any future deals are beneficial for both parties involved [65][68] Q&A Session Summary Question: What is the company's outlook on client demand? - The company has seen strong engagement from clients, with many expressing a desire to utilize more of its services, indicating a positive demand environment [22][25] Question: How does the company plan to sustain its book-to-bill ratio above 1? - The company is focusing on improving its go-to-market strategy and ensuring a robust pipeline of strategic projects, which are expected to drive sustained growth [31][33] Question: What are the expectations for revenue guidance in fiscal 2026? - The company has guided for a revenue decline of 3% to 5%, accounting for economic uncertainties and the impact of project-based services [40][41]
Vibracoustic Selects DXC to Lead Global Business Transformation with SAP
Prnewswire· 2025-05-26 10:00
ASHBURN, Va., May 26, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced a multi-year IT services agreement with Vibracoustic, a leading expert in automotive Noise, Vibration, and Harshness (NVH) solutions to transform its SAP environment and modernize global IT operations. Vibracoustic Selects DXC to Lead Global Business Transformation with SAP (CNW Group/DXC Technology Company) Under the five-year agreement, DXC will become Vibra ...
Forbes Recognizes DXC's Consulting Excellence in 2025 World's Best Management Consulting Firms Ranking
Prnewswire· 2025-05-16 14:33
ASHBURN, Va., May 16, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been named to the prestigious Forbes World's Best Management Consulting Firms 2025 list for the third year in a row. Out of 955,000 consulting firms in the U.S., fewer than 0.02% made the ranking, which is based on a rigorous survey of 2,350 clients and peers across 33 categories."This recognition highlights DXC's deep industry expertise and unwavering commitment to driving bu ...
DXC Technology Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-05-15 15:16
DXC Technology, Inc. (DXC) reported better-than-expected bottom-line results for the fourth quarter of fiscal 2025. The company reported non-GAAP earnings of 84 cents per share, beating the Zacks Consensus Estimate by 10.5%. However, the bottom line decreased 13.4% year over year.DXC reported revenues of $3.17 billion for the fiscal fourth quarter, which beat the Zacks Consensus Estimate by 1.2% but decreased 6.4% year over year. On an organic basis, revenues declined 4.2% year over year.DXC’s Q4 Results in ...