DXC Technology reports Q4 adjusted EPS 77c, consensus 70c

Reports Q4 revenue $3.13B, consensus $3.15B. “We delivered another quarter of strong free cash flow with adjusted EBIT margin ahead of our expectations, while our top line performance fell short,” said DXC Technology (DXC) President and CEO Raul Fernandez. “Over the past year, we leaned into innovation to reposition DXC for the next phase of enterprise IT and AI driven transformation, including the recent launch of our AI based orchestration platform, OASIS and continued progress across our Core Track and Fast Track initiatives. With our deep client relationships and a clear strategy in place, we remain confident in our direction and are focused on improved revenue performance and long-term value creation.”