DXC Technology Company. (DXC) shares rallied 10.4% in the last trading session to close at $15.56. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 19.5% loss over the past four weeks.The upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This c ...

The Zacks Computers – IT Services industry participants are suffering from challenging macroeconomic conditions that are elongating the sales cycle. The adoption of consultation and transaction processing solutions has been affected by an uncertain macro environment. However, industry participants like Jack Henry & Associates (JKHY) , Science Applications International (SAIC) and DXC Technology (DXC) have been benefiting from ongoing digitization efforts globally. Robust spending on cloud, Internet of Thing ...

Investors interested in Computers - IT Services stocks are likely familiar with DXC Technology Company. (DXC) and Dynatrace (DT) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The Zacks Rank is a proven strategy that targets companies with po ...

ASHBURN, Va., April 2, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced the appointment of Sandeep Bhanote as the Financial Services Industry Leader for DXC's Consulting & Engineering Services - Powered by AI (CES), effective immediately. Bhanote will report directly to Howard Boville, DXC President of CES."Sandeep brings a rare blend of entrepreneurial spirit, commercial acumen, and the ability to connect strategy, product, and go-to ...

View a complimentary copy of the Magic Quadrant report to learn more about DXC's strengths and cautions, among other provider offerings. DXC recognized as a leader for third consecutive year, serving more than 700 customers across 68 countries ASHBURN, Va., March 31, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced it has been recognized by Gartner as a Leader in the Magic Quadrant for Outsourced Digital Workplace Services. The evalua ...

Core Insights - DXC Technology has appointed T.R. Newcomb as Chief Revenue Officer, effective immediately, reporting to CEO Raul Fernandez [1][3] - Newcomb brings over 20 years of experience in technology and financial services, with a focus on revenue growth and strategic thinking [2][4] Company Overview - DXC Technology is a leading global technology services provider, helping companies modernize IT and optimize data architectures across various cloud environments [7] - The company aims to enhance sales effectiveness and expand its market presence under Newcomb's leadership [3][4] Leadership Background - T.R. Newcomb previously served as SVP of Strategy and Corporate Development at Riskified, an AI fraud and risk technology company [3] - His educational background includes a degree from Harvard University and an MBA from The Wharton School [4]

Company Overview - Vision Bank is a Sharia-compliant digital bank in Saudi Arabia that aims to provide innovative banking solutions tailored to customer needs [2][5] - Finastra is a global provider of financial services software applications, trusted by approximately 8,100 financial institutions, including 45 of the world's top 50 banks [4] Implementation and Technology - The successful implementation of Finastra Kondor and cloud-based managed services from DXC Technology has enabled Vision Bank to enhance its treasury trading and risk management capabilities [1][2] - Finastra Kondor is recognized for its robust capabilities in supporting complex trading, risk management, and operations, serving as the backbone for numerous financial institutions [2][3] Strategic Goals - Vision Bank's mission is to be a pioneer in the Saudi banking sector by leveraging innovation and technology to provide seamless, Sharia-compliant banking solutions [2] - The bank's initiatives align with the Financial Sector Development Program, part of Saudi Vision 2030, aiming to drive business continuity and compliance with regulations [2] Collaboration and Future Outlook - The partnership between Finastra, DXC, and Vision Bank emphasizes a commitment to driving innovation in financial technology, enhancing the bank's treasury operations [3] - The implementation of Kondor is seen as a significant milestone in Vision Bank's digital transformation journey, providing the agility needed to adapt to new market demands [3]

International fashion brand selects DXC to leverage data-driven insights to personalize the shopping experience LISBON, Portugal, March 17, 2025 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has been selected by Parfois Group, a leading Portuguese fashion brand, to improve and enhance the customer experience with personalized recommendations based on data-driven insights. International fashion brand selects DXC to leverage data-driven insights to pe ...

Core Viewpoint - DXC Technology reported better-than-expected earnings for Q3 fiscal 2025, but revenues showed a decline year-over-year, raising questions about future performance and market trends [2][3][10]. Financial Performance - Non-GAAP earnings for Q3 were 92 cents per share, exceeding the Zacks Consensus Estimate by 19.5% and reflecting a 7% increase year-over-year [2]. - Total revenues for Q3 were $3.23 billion, surpassing the Zacks Consensus Estimate by 0.7%, but down 5.1% year-over-year; on an organic basis, revenues declined 4.2% [3]. - The Global Business Services segment reported revenues of $1.67 billion, a decrease of 1.8% year-over-year, with organic growth driven by insurance software and BPS business [4]. - GIS revenues were $1.56 billion, down 8.5% year-over-year, with declines across Cloud Infrastructure, ITO & Security, and Modern Workplace divisions [5]. - Non-GAAP gross profit increased 6% to $809 million, with a gross margin improvement of 150 basis points to 25.1%, attributed to disciplined resource management and restructuring benefits [6]. - Non-GAAP operating income rose to $286 million, with an operating margin expansion of 140 basis points to 8.9% [7]. Balance Sheet and Cash Flow - As of the end of Q3, DXC had $1.72 billion in cash and cash equivalents, up from $1.25 billion in the previous quarter; long-term debt decreased to $3.64 billion from $3.83 billion [8]. - Operating cash flow for Q3 was $650 million, with free cash flow at $483 million; for the first three quarters of fiscal 2025, operating cash flow totaled $1.08 billion and free cash flow was $576 million [9]. Guidance and Outlook - DXC updated its fiscal 2025 guidance, projecting revenues between $12.8 billion and $12.83 billion, down from previous estimates of $12.9-$13.1 billion; adjusted EBIT margin is now expected to be approximately 7.9% [10]. - For Q4, DXC anticipates revenues between $3.10 billion and $3.13 billion, with an adjusted EBIT margin of approximately 7% and adjusted EPS of 75 cents [11]. - There has been an upward trend in estimates for DXC, indicating a potentially positive outlook [12][14]. Industry Context - DXC Technology operates within the Zacks Computers - IT Services industry, where Roper Technologies has shown a 2.1% gain over the past month, reporting revenues of $1.88 billion with a year-over-year change of +16.3% [15].

 ServiceNow and DXC expand their strategic partnership to combine DXC's industry-leading software and expertise with ServiceNow's AI-enabled platformASHBURN, Va. and SANTA CLARA, Calif., March 4, 2025 /PRNewswire/ -- DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced new offerings with ServiceNow (NYSE: NOW), the AI platform for business transformation, to modernize the insurance industry. As an Elite partner, DXC is combining its industry-leading solution ...