Welcome to our dedicated page for DXC Technology Company news (Ticker: $DXC), a resource for investors and traders seeking the latest updates and insights on DXC Technology Company stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect DXC Technology Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of DXC Technology Company's position in the market.
Rhea-AI Summary
DXC Technology (NYSE: DXC) reported Q3 FY24 revenue of $3.40 billion, down 4.7% YoY, with a 4.5% organic decrease. Non-GAAP diluted earnings per share were $0.87 vs. $0.95 in Q3 FY23. The company returned $252 million to shareholders through share buyback, reducing DXC shares outstanding by 5.8%. DXC's Q3 FY24 free cash flow was $585 million. Despite strong performance, the company's financial guidance for Q4 FY24 and full fiscal year 2024 has been reduced, with organic revenue growth expected to be in the range of (4.5)% - (4.3)%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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Rhea-AI Summary
DXC Technology appoints Raul Fernandez as President and CEO, suspends CEO search process, and issues third-quarter fiscal 2024 results. Fernandez brings extensive technology industry experience and a deep understanding of DXC’s operations, with the Board expressing confidence in his ability to drive long-term growth and value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
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Rhea-AI Summary
DXC Technology (DXC) will release financial results for Q3 of fiscal year 2024 on February 1, 2024, at 4:15 p.m. EST. A conference call and webcast will follow at 5:00 p.m. EST. The company's senior management will host the call, and the webcast will be available on DXC Technology’s Investor Relations website. A replay and transcript will also be accessible.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.93%
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DXC Technology (NYSE: DXC) appoints Raul Fernandez as Interim President and CEO, succeeding Mike Salvino. David Herzog named Chairman of the Board. DXC reaffirms Q3 guidance and fiscal 2024 free cash flow guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-12.15%
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Rhea-AI Summary
Appgate (APGT) selected by DXC Technology (DXC) as Zero Trust Network Access provider for its new Zero Trust Framework solution, extending a technology innovation relationship. Appgate SDP utilized for DXC's internal network transformation initiative, resulting in significant ROI and security improvements. Appgate SDP now offered to DXC customers worldwide, providing direct-routed ZTNA solution with key differentiators like cost savings, universal Zero Trust architecture, contextual access control, microperimeters, and multi-cloud support.
Rhea-AI Impact
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DXC Technology (DXC) and ServiceNow (NOW) have expanded their strategic partnership to integrate advanced analytics and enhanced AI capabilities into DXC Platform X, aiming to transform service and workflow management for customers globally. DXC will become a preferred partner for ServiceNow Professional Services and ServiceNow Impact, delivering Enterprise Applications Value Optimization services and extending its reach across Global Business Services and into Global Infrastructure Services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.17%
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Rhea-AI Summary
DXC Technology (DXC) has signed a five-year contract with HanesBrands (HBI) to provide Modern Workplace solutions, utilizing ServiceNow and DXC UPTimeTM Device Management technologies. This partnership aims to digitalize the work experience of HanesBrands' global workforce, spanning 32 countries, to enhance productivity, connectivity, and efficiency. The new solution includes DXC UPTimeTM, an Experience Platform, and aims to generate significant annual savings for support services. HanesBrands' Chief Information Officer, Subra Goparaju, highlighted the importance of efficient global employee collaboration in achieving success, emphasizing the role of the latest digital platforms from DXC and ServiceNow in empowering associates to work together effectively and deliver maximum value for customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.22%
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Rhea-AI Summary
DXC Technology (NYSE: DXC) and Amazon Web Services, Inc. (AWS) have expanded their strategic partnership to accelerate cloud adoption and digital transformation for nearly 1,000 customers. Over the next 5 years, they plan to upskill 15,000 DXC professionals with role-based AWS Certifications, transforming DXC's service delivery into a cloud-centric and asset-light model.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
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Rhea-AI Summary
DXC Technology (NYSE: DXC) Achieves Science Based Targets Initiative (SBTi) Approval, Demonstrating Commitment to Sustainable Business Practices
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.34%
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DXC Technology (NYSE: DXC) named a Leader in Everest Group's Life & Annuities (L&A) Insurance BPS and Third-Party Administrator (TPA) PEAK Matrix Assessment 2023, marking the eighth consecutive year. DXC leverages digital capabilities and strategic partnerships to navigate macro-environment variables, expanding RPA opportunities and opening a full-service TPA center in Canada. Everest Group's report highlights DXC's ability to deliver value to customers and scope of services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
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DXC Technology Company
NYSE:DXC
DXC Rankings
DXC Stock Data
3.64B
168.05M
1.04%
100.01%
8.25%
Computer Systems Design Services
Professional, Scientific, and Technical Services
United States of America
ASHBURN
About DXC
welcome to the official dxc technology linkedin page. connect with us to engage and network with industry leaders, and get the latest trends in it innovation and solutions. dxc is the world’s leading independent, end-to-end it services company, helping clients harness the power of innovation to thrive on change. created by the merger of csc and the enterprise services business of hewlett packard enterprise, dxc technology is a $25 billion company with a 60-year legacy of delivering results for thousands of clients in more than 70 countries. our technology independence, global talent and extensive partner network combine to deliver powerful next-generation it services and solutions. in a time of change, thrive with dxc technology. website: dxc.technology twitter: https://www.twitter.com/dxctechnology facebook: https://www.facebook.com/dxctechnology https://www.youtube.com/dxctechnology https://plus.google.com/+dxctechnology