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.”