Reports Q2 revenue $3.16B, consensus $3.17B. “For the second quarter, we delivered Adjusted EBIT margin and Non-GAAP diluted EPS above our guidance and generated very strong free cash flow. Our revenue performance has remained consistent throughout the year, and we continue to be laser focused on better execution and driving pipeline conversion in the quarters ahead,” said DXC Technology (DXC) President and CEO, Raul Fernandez. “We are introducing a strategic and tactical game plan to win in a rapidly evolving AI global economy. This game plan includes formalizing a two-track approach to running our business, core track and fast track, and the launch of our Xponential AI framework.”
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DXC:
- DXC Technology, Splitit announce strategic collaboration
- DXC Technology appoints Anthony Pappas as chief marketing officer
- DXC Technology launches DXC Assure Smart Apps
- DXC Technology’s Stable Position Amid Banking Sector Consolidation: Hold Rating Affirmed
- Digital Realty Dell Technologies DXC Technology