DXC Technology: Positive Earnings

DXC Technology (DXC) saw both earnings and sales growth rise last quarter.

DXC Technology is an end-to-end IT services company.

Earnings-per-share for DXC increased from 0% to 170%.  Revenue rose from -7% to 206%.

The company is expected to report its latest results on or around Oct. 28.

In addition, the Relative Strength (RS) Rating for DXC Technology climbed into a new percentile Monday.  It rose from 78 to 81.

Meanwhile, DXC announced that it has signed an agreement to acquire Logicalis SMC.  As a result, DXC is acquiring a leading Netherlands provider of technology-enabled solutions for the service management sector.

“The addition of Logicalis SMC to Fruition Partners solidifies DXC’s position as a nimble, global ServiceNow partner.” This according to Troy Richardson, DXC senior vice president and general manager of Enterprise & Cloud Applications.  “Together, Fruition Partners with Logicalis SMC provide enterprise clients with end-to-end support for ServiceNow-related software and solutions.  In addition the company will offer a broader range of professional service management offerings.  DXC is at the forefront of helping modern enterprises optimize technology with an expanded range of XaaS capabilities.”

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