Welcome to our dedicated page for Dxc Technology news (Ticker: DXC), a resource for investors and traders seeking the latest updates and insights on Dxc Technology stock.
DXC Technology Company reports developments across enterprise technology services for global enterprises and public-sector organizations. Its news centers on quarterly results, bookings, margins, cash flow, segment performance and share repurchases, alongside updates in Managed Infrastructure Services, Application Modernization and Industry-Specific Software Solutions.
Company announcements also cover AI-led managed services and consulting initiatives, including DXC OASIS, Assure Smart Apps built on ServiceNow, Consulting & Engineering Services updates, partnerships, investor conference participation, and reporting structure across Consulting & Engineering Services, Global Infrastructure Services and Insurance Services.
DXC Technology has finalized the sale of its U.S. State and Local Health and Human Services business to Veritas Capital, creating Gainwell Technologies. The transaction, worth $5 billion, will allow DXC to reduce its debt by approximately $3.5 billion, resulting in a total debt of about $6 billion and net debt of about $3 billion post-transaction. This strategic move aims to enhance DXC's financial flexibility and focus on core operations, signaling a new chapter for both DXC and Gainwell.