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Dxc Technology - DXC STOCK NEWS

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.

Overview of DXC Technology

DXC Technology is a vendor-independent IT services provider specializing in comprehensive and integrated technology solutions. Leveraging decades of industry experience, the company offers a broad portfolio that includes cloud computing, security solutions, IT outsourcing, and modern workplace services. DXC Technology excels in combining deep technical expertise with strategic consulting to help global enterprises optimize critical IT systems and achieve operational excellence. With an extensive legacy rooted in the merger of prominent industry players, DXC continues to deliver services that support the digital transformation initiatives of diverse organizations.

Business Segments and Service Offerings

DXC Technology operates primarily through its two distinct segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GIS segment, which is a significant revenue generator, is designed to deliver end-to-end solutions that encompass cloud integration, security frameworks, and IT outsourcing. Meanwhile, the GBS segment focuses on delivering consulting and managed services to address complex business and technology challenges. Using a holistic approach to client engagement, DXC integrates data management, business intelligence, AI, and IoT to extract actionable insights and drive performance improvements.

Industry Partnerships and Technological Innovation

The company is committed to staying at the forefront of technological innovation and strategic alliances. DXC Technology collaborates with industry giants on initiatives that include next-generation AI platforms, secure digital transformation, and intelligent enterprise solutions. These alliances, with partners in cloud, security, and modern workplace transformation, ensure that DXC consistently delivers tailored and scalable solutions for complex business requirements. By standardizing innovative solutions and placing an emphasis on responsible technology integration, DXC advances operational agility and enhanced service delivery for its clients.

Operational Excellence and Global Reach

With a robust global network, DXC Technology operates in multiple regions worldwide, leveraging its extensive talent pool and a diversified partner ecosystem. Its operations are supported by a strong foundation of technical expertise and operational rigor. The company's extensive geographic footprint enables it to cater to the needs of large enterprises and public sector organizations, ensuring that services are both resilient and adaptive to the evolving market landscape. The strategic distribution of its service centers across global regions further reinforces its capability to manage mission-critical systems and IT operations.

Commitment to Client Success and Industry Expertise

DXC Technology has built a reputation for its balanced approach to innovation and operational stability. By focusing on high-value IT solutions and maintaining independence from technology vendors, the company provides unbiased advice and customized services that facilitate digital transformation. Its focus on secure, efficient, and scalable IT infrastructures reflects a deep understanding of the challenges faced by modern enterprises. DXC's comprehensive methodology encompasses strategic consulting, technical modernization, and a commitment to operational excellence, ensuring its customers receive solutions that are timely, effective, and centrally coordinated.

Key Differentiators

  • Vendor Independence: DXC Technology’s unbiased approach to IT service delivery ensures that clients receive solutions tailored to their unique requirements without proprietary constraints.
  • Integrated Service Model: With synchronized offerings in both Global Business Services and Global Infrastructure Services, DXC provides a seamless, end-to-end technology experience.
  • Global Reach and Expertise: Serving a vast array of clients in diverse geographies, the company combines technical depth with local market insights.
  • Strategic Partnerships: Its collaborative initiatives with leading technology firms help in deploying innovative, scalable IT solutions for complex operational challenges.

This comprehensive overview underscores the multifaceted nature of DXC Technology and its enduring role in shaping the digital future of global enterprises. The company continues to refine its service portfolio and operational strategies to ensure that businesses can leverage advanced technologies without disruption, thus maintaining operational integrity and competitive relevance in a dynamic market environment.

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.
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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.
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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.
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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.
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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.
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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.
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DXC Technology (NYSE: DXC) Achieves Science Based Targets Initiative (SBTi) Approval, Demonstrating Commitment to Sustainable Business Practices
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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.
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DXC Technology reported Q2 FY24 revenues of $3.44 billion, down 3.6% YoY. Diluted earnings per share was $0.49, compared to $0.12 in the prior year quarter. Q2 operating cash flow was $248 million, resulting in $91 million of free cash flow. DXC repurchased $214 million worth of shares in Q2, reducing shares outstanding by 4.9%.
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DXC Technology to release Q2 2024 financial results and host conference call
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FAQ

What is the current stock price of Dxc Technology (DXC)?

The current stock price of Dxc Technology (DXC) is $15.56 as of April 10, 2025.

What is the market cap of Dxc Technology (DXC)?

The market cap of Dxc Technology (DXC) is approximately 2.8B.

What core services does DXC Technology offer?

DXC Technology provides a broad range of IT services including cloud computing, security solutions, IT outsourcing, and modern workplace services. It caters to both consulting and infrastructure needs through its Global Business Services and Global Infrastructure Services segments.

How does DXC Technology differentiate itself in the IT services market?

The company is vendor-independent, which allows it to deliver unbiased, customized solutions. Its integrated service model, combining both business and infrastructure services, along with strategic partnerships, sets it apart from its competitors.

What are the main operating segments of the company?

DXC Technology's operations are divided into Global Business Services (GBS) and Global Infrastructure Services (GIS). While GIS is a significant revenue driver focusing on cloud and security solutions, GBS emphasizes consulting and managed services.

How does DXC Technology support digital transformation?

The firm assists organizations in modernizing IT systems and optimizing data architectures. It leverages advanced technologies such as AI, machine learning, and cloud computing to drive digital transformation and operational excellence.

What is meant by DXC being a vendor-independent provider?

Being vendor-independent means DXC is not tied to any specific technology provider, allowing it to offer impartial and adaptable solutions that are tailored to the unique needs of its clients.

Which industries and clients does DXC Technology serve?

DXC Technology services a diverse range of industries including large enterprises and public sector organizations. Its global reach ensures that it meets the IT needs of a wide variety of clients across different regions.

What role do strategic partnerships play for DXC Technology?

Strategic partnerships enable DXC to integrate next-generation technologies and standardize innovative solutions. Collaborations with leading companies in cloud, AI, and security help DXC deliver comprehensive and scalable IT services.

How does DXC Technology ensure operational excellence?

DXC achieves operational excellence by maintaining a robust global talent network and a diversified partner ecosystem. Its integrated service approach and focus on secure, efficient IT infrastructures ensure that clients consistently receive high-quality solutions.
Dxc Technology

NYSE:DXC

DXC Rankings

DXC Stock Data

2.82B
179.03M
1.09%
95.67%
4.2%
Information Technology Services
Services-computer Processing & Data Preparation
Link
United States
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