DXC Technology (DXC) Q3 Earnings and Revenues Beat Estimates

DXC Technology Company (DXC) reported better-than-expected results for the third quarter of fiscal 2024. The IT services and consulting company posted third-quarter non-GAAP earnings of 87 cents per share, which beat the Zacks Consensus Estimate of 77 cents.However, the bottom line decreased 8.5% from the prior-year quarter’s earnings of 95 cents per share. The year-over-year decline was primarily due to lower revenues and increased interest expenses, partially offset by a lower share count.DXC reported rev ...