Reported 17 days ago
DXC Technology reported better-than-expected Q3 results, with revenue forecasts of $3.2 to $3.3 billion, surpassing analysts' estimates of $3.21 billion. The company's focus on cloud-based solutions amidst the increasing demand for AI technologies has significantly boosted its performance. DXC anticipates a per-share profit of 75 to 80 cents, beating the consensus estimate of 69 cents. Although its previous quarter saw a 6% year-over-year revenue decline to $3.24 billion, it still exceeded expectations.
Source: YAHOO