DXC Technology Company, together with its subsidiaries, provides information technology services and solutions primarily in North America, Europe, Asia, and Australia. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and extensive partner ecosystem that help its customers to gain rapid insights, automate operations, and accelerate their digital transformation journeys; and software engineering and solutions that enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. It also uses various technologies and methods to accelerate the creation, modernization, delivery, and maintenance of secure applications allowing customers to innovate faster while reducing risk, time to market, and total cost of ownership. In addition, this segment offers business process services, which include integration and optimization of front and back office processes, and agile process automation. The GIS segment adapts legacy apps to cloud, migrate the right workloads, and securely manage their multi-cloud environments; and offers security solutions help predict attacks, proactively respond to threats, and ensure compliance, as well as to protect data, applications, and infrastructure. It also provides IT outsourcing services support infrastructure, applications, and workplace IT operations, including hardware, software, physical/virtual end-user devices, collaboration tools, and IT support services. In addition, this segment offers workplace and mobility services to fit its customer's employee, business, and IT needs from intelligent collaboration; and modern device management, digital support services, Internet of Things, and mobility services. The company has a strategic collaboration with Microsoft. DXC Technology Company was founded in 1959 and is headquartered in Tysons, Virginia.
IPO Year:
Exchange: NYSE
Website: dxc.technology
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/19/2024 | $22.00 | Neutral | Guggenheim |
1/24/2024 | $27.00 → $24.00 | Neutral → Underweight | JP Morgan |
1/17/2024 | $24.00 → $21.00 | Neutral → Sell | Citigroup |
10/17/2023 | $22.00 | Peer Perform → Underperform | Wolfe Research |
8/3/2023 | $34.00 → $25.00 | Outperform → Market Perform | TD Cowen |
8/3/2023 | $32.00 → $25.00 | Buy → Neutral | Citigroup |
8/3/2023 | $35.00 → $23.00 | Buy → Hold | Deutsche Bank |
8/3/2023 | $34.00 → $29.00 | Outperform → Sector Perform | RBC Capital Mkts |
8/3/2023 | $27.00 → $25.00 | Outperform → Market Perform | BMO Capital Markets |
1/19/2023 | $32.00 → $28.00 | Market Perform → Underperform | MoffettNathanson |
Total revenue of $3.24 billion, down 6% (4% on an organic basis)(1) Diluted earnings per share was $0.14 vs. $0.17 in the prior year quarter; Non-GAAP diluted earnings per share(2) was $0.74, up 17% Operating cash flow of $238 million, up 87%; Free Cash Flow of $45 million(3) Increased the low end of the full year adjusted EBIT(4) margin outlook range by 50 basis points to 6.5% - 7.0% Increased the low-end of the full-year non-GAAP diluted EPS(2) outlook range by $0.25 to $2.75 - $3.00 Increased full year free cash flow(3) outlook by $50 million to approximately $450 million DXC Technology (NYSE:DXC) today reported results for the first quarter of fiscal year 2025. "I
DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, today announced that it will release financial results for the first quarter of fiscal year 2025 on Thursday, August 8, 2024, at approximately 4:15 p.m. ET Following the release, DXC Technology's management will host a conference call at 5:00 p.m. ET to discuss the company's results. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760#. A live webcast of this event will also be available on DXC Technology's Investor Relations website. A replay of the conference call will be ava
Revenues of $3.39 billion for Q4 FY24, down 5.7% as compared to prior year, and down 4.9% on an organic basis Q4 FY24 Diluted earnings per share was $(1.10) vs. $(3.38) in the prior year quarter. Q4 FY24 Non-GAAP diluted earnings per share was $0.97 vs. $1.02 in the prior year quarter Q4 FY24 operating cash flow of $280 million, less capital expenditures of $125 million, results in $155 million of free cash flow. For the full year, we delivered $756 million of free cash flow, the third consecutive year of free cash flow over $700 million Q4 FY24 Book-to-bill ratio of 0.94x and trailing twelve-month book-to-bill of 0.91x DXC Technology (NYSE:DXC) today reported results for th
DXC Technology (NYSE:DXC) today announced that it will release financial results for the fourth quarter of fiscal year 2024 on Thursday, May 16, 2024, at approximately 4:15 p.m. Eastern Daylight Time (EDT). DXC Technology senior management will host a conference call and webcast on the same day at 5:00 p.m. EDT. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760#. The webcast audio and any presentation slides will be available through a link posted on DXC Technology's Investor Relations website. A replay of the conference call will be available until 11:59 PM E
Revenues of $3.40 billion, down 4.7% as compared to prior year, and down 4.5% on an organic basis Diluted earnings per share was $0.81 vs. $0.25 in the prior year quarter. Non-GAAP diluted earnings per share was $0.87 vs. $0.95 in the prior year quarter Q3 FY24 operating cash flow of $706 million, less capital expenditures of $121 million, results in $585 million of free cash flow Book-to-bill ratio of 0.99x and trailing twelve-month book-to-bill of 0.93x Returned $252 million to shareholders through share buyback in Q3 FY24, reducing DXC shares outstanding by 5.8%. In the past three years, DXC has repurchased over 30% of its outstanding shares DXC Technology (NYSE:DXC) toda
Fernandez Brings Extensive Technology Industry Experience and Deep Understanding of DXC's Operations DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services company, today announced that the Company's Board of Directors unanimously appointed Raul Fernandez as its President and Chief Executive Officer, effective immediately. Fernandez, who was appointed Interim President and CEO in December 2023, has served as CEO of several successful companies prior to this role, and as a member of DXC's Board of Directors since 2020. "After a thoughtful evaluation of Fernandez's leadership and operational expertise, as well as his deep knowledge of DXC from his time on the Board of
DXC Technology (NYSE:DXC) today announced that it will release financial results for the third quarter of fiscal year 2024 on Thursday, February 1, 2024, at approximately 4:15 p.m. Eastern Standard Time (EST). DXC Technology senior management will host a conference call and webcast on the same day at 5:00 p.m. EST. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760. The webcast audio and any presentation slides will be available through a link posted on DXC Technology's Investor Relations website. A replay of the conference call will be available until 11:59 PM
Revenues of $3.44 billion, down 3.6% as compared to prior year period, and down 3.6% on an organic basis Diluted Earnings Per Share was $0.49 vs. $0.12 in the prior year quarter. Non-GAAP Diluted Earnings Per Share was $0.70 vs. $0.75 in the prior year quarter Q2 FY24 operating cash flow of $248 million, less capital expenditures of $157 million, results in $91 million of free cash flow Book-to-bill ratio of 0.81x and trailing twelve-month book-to-bill of 1.02x Returned $214 million to shareholders through share buyback in Q2 FY24, reducing DXC shares outstanding by 4.9%. DXC remains on-track to complete the $1 billion share repurchase program in FY24 DXC Technology (NYS
DXC Technology (NYSE:DXC) today announced that it will release financial results for the second quarter of fiscal year 2024 on Wednesday, November 1, 2023, at approximately 4:15 p.m. Eastern Daylight Time (EDT). DXC Technology senior management will host a conference call and webcast on the same day at 5:00 p.m. EDT. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760. The webcast audio and any presentation slides will be available through a link posted on DXC Technology's Investor Relations website. A replay of the conference call will be available until 11:59
Revenues of $3.45 billion for Q1 FY24, down 7.0% as compared to prior year period, and down 3.6% on an organic basis Diluted Earnings Per Share was $0.17 and Non-GAAP Diluted Earnings Per Share was $0.63 in Q1 FY24 Q1 FY24 operating cash flow of $127 million, less capital expenditures of $202 million, results in $(75) million of free cash flow Book-to-bill ratio of 0.89x and trailing twelve-month book-to-bill of 1.03x Returned $280 million to shareholders by repurchasing 11.0 million shares in Q1 FY24. Remain on-track to complete the $1 billion share repurchase program in FY24 DXC Technology (NYSE:DXC) today reported results for the first quarter of fiscal year 2024. Mike
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Kyndryl Holdings Inc (NYSE:KD) shares were climbing in early trading on Thursday, just days after the news of the company considering a joint bid for DXC Technology Co (NYSE:DXC). The stock is an "interesting investment opportunity," as the company is poised to return to revenue growth, with margin expansion and earnings of more than $3 in fiscal 2027, according to Oppenheimer. The Kyndryl Holdings Analyst: Ian Zaffino initiated coverage of Kyndryl Holdings with an Outperform rating and price target of $33. The Kyndryl Holdings Thesis: After its spinoff from IBM (NYSE:IBM), Kyndryl has been repricing its legacy no- and low-margin contracts, Zaffino said in the initiation note. Ch
DXC Technology Company (NYSE:DXC) announced a collaboration with ECARX Holdings Inc. (NASDAQ:ECX) to expedite the advancement of in-vehicle functionalities. This partnership will enhance infotainment systems, digital cockpits, and advanced driver assistance systems, ultimately improving drivers’ user experiences. Both companies collaborate to enhance product and platform development in response to rapid industry changes. ECARX will bolster its full-stack hardware and software offerings with DXC Luxoft’s software integration and engineering expertise and its ability to deliver customized solutions for automotive OEMs. The new partnership aims to streamline the integration of softw
ECARX (NASDAQ:ECX) and DXC Luxoft (NYSE:DXC) today announced they will work together to accelerate the development of in-vehicle capabilities, resulting in enhanced infotainment, digital cockpit and advanced driver assistance systems, and enabling a better user experience for drivers. The two automotive technology leaders will collaborate on product and platform development to keep up with rapid changes in the automotive industry. ECARX's full-stack hardware and software offering will now support a wider range of services through the addition of DXC Luxoft's expertise in software integration and engineering, and its ability to develop customized solutions for automotive Original Equipment M
Growth stocks are experiencing a remarkable resurgence, posting their best month in over a year when compared to value stocks, as the rally in tech and mega caps continues to dominate market dynamics. The iShares Russell 1000 Growth ETF (NYSE:IWF) has surged by 6.5% so far in June 2024. This gain puts it on track for its seventh month of increases in the last eight. Investors have shown elevated confidence in growth-oriented sectors, particularly technology, which continues to benefit from strong earnings reports, heightened expectations for future cash flows and positive market sentiment, especially towards AI-related industries. In stark contrast, the iShares Russell 1000 Value E
Enhanced collaboration will reduce risk, improve software quality and accelerate digital transformation and cloud migration for global enterprises
In the last three months, 8 analysts have published ratings on DXC Technology (NYSE:DXC), offering a diverse range of perspectives from bullish to bearish. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 8 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 6 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 1 0 0 The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $18.31, a high estimate of $22.00, and a low estimate of $15.00. This current average represents a 13.39% decre
Susquehanna analyst James Friedman maintains DXC Technology (NYSE:DXC) with a Neutral and raises the price target from $15 to $19.
Wall Street traded slightly in the red on Tuesday morning as markets took a cautious stance ahead of the inflation report and the Federal Open Market Committee (FOMC) meeting on Wednesday. The S&P 500 dipped 0.2% by 12:55 p.m. in New York, marking its worst daily performance month-to-date. Despite the overall market decline, the tech-heavy Nasdaq 100 avoided losses, buoyed by a strong rally in Apple Inc. (NASDAQ:AAPL). The Cupertino-based iPhone maker surged 5.9%, mirroring last month’s post-earnings reaction, driven by bullish analyst notes following Tuesday’s WWDC event. Blue-chip stocks in the Dow Jones fell 0.7%, while small-cap stocks lagged, down 1%. Treasury yields saw littl
U.S. stock futures point to a weak start on Tuesday, signaling a pause after Monday’s record run. Global cues are negative and commodity prices weakened as well. Traders may prefer to wait it out until the Federal Reserve meeting and May inflation reports. A cooler inflation report and/or a dot-plot chart that points to at least two rate cuts could help the market push ahead with renewed optimism. Oracle Corp.’s (NYSE:ORCL) earnings could also be in the spotlight, given the company’s exposure to AI. FuturesPerformance (+/-)Nasdaq 100-0.25%S&P 500-0.22%Dow-0.35%R2K-0.85%In premarket trading on Tuesday, the SPDR S&P 500 ETF Trust (NYSE:SPY) fell 0.25% to $534.34, and the Invesco QQQ ETF (NA
Apollo Global Management Inc (NYSE:APO) and Kyndryl Holdings Inc (NYSE:KD), a spinoff from IBM, are reportedly considering a joint bid for DXC Technology Co (NYSE:DXC). What Happened: Apollo and Kyndryl are in discussions regarding a potential acquisition offer for DXC, with the per-share bid ranging between $22 and $25, Reuters reported, citing sources. This news caused DXC’s shares to surge by 11% and conclude Monday’s trading at $18.45, resulting in a market value of $3.3 billion. DXC, which also operates as an IT services provider, is concurrently seeking bids for the sale of its insurance software business, valued at over $2 billion. The company may also choose to remain i
Camire Brings Leading-Edge Marketing, Communications Expertise ASHBURN, Va., June 3, 2024 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, today announced Kaveri Camire has been named Senior Vice President and Chief Marketing Officer effective immediately, reporting directly to DXC President and Chief Executive Officer Raul Fernandez. Camire will oversee all aspects of DXC's marketing and communications, leading the company's global team to enhance strategic initiatives, brand and digital campaigns, market activation, content
Fernandez Succeeds Mike Salvino, who is Stepping Down as Chairman, President and CEO Effective Immediately David Herzog Appointed Chairman of the Board DXC Reaffirms Q3 Guidance and Fiscal 2024 Free Cash Flow Guidance ASHBURN, Va., Dec. 20, 2023 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services company, today announced that the Company's Board of Directors has named Board member Raul Fernandez Interim President and Chief Executive Officer, effective immediately. Fernandez brings a wealth of executive and operational experience in the technology and investment sectors to the position. He has served as CEO of several companies including Proxicom, whic
Wilson brings more than 35 years' experience in all aspects of IT services Third senior leadership addition under new offering-led operating model highlights company's focus on financial growth and expansion ASHBURN, Va., Oct. 2, 2023 /PRNewswire/ - DXC Technology (NYSE:DXC) announced that Andrew Wilson has been appointed Executive Vice President and Global Lead, Modern Workplace effective October 1, 2023, reporting directly to DXC Chairman, President and Chief Executive Officer Mike Salvino. Wilson is the third high-profile executive to join the company, along with Howard Boville and Rob Del Bene, since DXC implemented its offering-led operating model in April. Under the new model, DXC now
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices: Veralto Corp. (NYSE:VLTO) will be added to the S&P 500 effective prior to the open of trading on Monday, October 2, replacing DXC Technology Co. (NYSE:DXC) which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 3. DXC Technologies will replace Ebix Inc. (NASD: EBIX) in the S&P SmallCap 600 also effective prior to the open of trading on October 3. S&P 500 &100 constituent Danaher Corp. (NYSE:DHR) is spinning off Veralto in a transaction expected to be completed on October 2. Followin
ASHBURN, Va., Jan. 5, 2023 /PRNewswire/ - DXC Technology (NYSE:DXC) today announced the appointment of Anthony Gonzalez and Karl Racine to the company's Board effective immediately. Mr. Gonzalez will serve on the Compensation Committee of the Board and Mr. Racine will serve on the Nominating/Corporate Governance Committee of the Board. "On behalf of all of our directors, we are excited to welcome Anthony and Karl to the DXC Board," said Mike Salvino, DXC chairman, president and CEO. "They bring proven leadership abilities and valuable experience to our Board, and our managemen
Pali Bhat, leading technologist at Reddit and formerly Google, recruited by company to join Board Kevin Galligan and Susan D. Arthur appointed to Board in connection with an agreement with JANA Partners LLC New Relic (NYSE:NEWR), the observability company, today announced several updates related to its Board of Directors. As the result of its ongoing board refreshment process, New Relic has appointed Pali Bhat to the Board of Directors, effective June 13, 2022. Mr. Bhat brings to New Relic's Board more than 15 years of expertise in leading teams and products across consumer services, developer platforms, fintech, and cloud. He has served as the Chief Product Officer of Reddit, Inc since
Ian Read to Retire from the Board and Transition Responsibilities at the 2022 Annual Meeting of Stockholders ASHBURN, Va., May 17, 2022 /PRNewswire/ - DXC Technology's (NYSE:DXC) Board of Directors today announced the appointment of president and CEO Mike Salvino to the additional position of board chairman and David Herzog as the lead independent director effective after the Company's Annual Meeting of Stockholders on July 26, 2022. Mr. Salvino succeeds Ian Read, who will be retiring from the board on that date. "We would like to thank Ian for his dedication to DXC as chairm
DXC Technology's (NYSE:DXC) Board of Directors today announced the appointment of Carrie W. Teffner to the company's board effective April 20, 2022. Ms. Teffner will serve on the Audit Committee of the Board. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220421005225/en/Carrie Teffner (Photo: Business Wire) "On behalf of all of our directors, we are delighted to welcome Carrie to the DXC Board," said Ian Read, DXC chairman. "Carrie is a highly experienced executive with an impressive strategic, financial, and general management track record. We look forward to working with her to continue to shape the future of DXC. Carrie will
TYSONS, Va.--(BUSINESS WIRE)--DXC Technology (NYSE:DXC), a leading technology services company today announced that it has appointed Brenda Tsai as Executive Vice President and Chief Marketing and Communications Officer. Tsai will report to DXC President and Chief Executive Officer Mike Salvino. Tsai will be responsible for leading all areas of the DXC global marketing and communications function. “Brenda is a strategic, result-oriented leader who brings deep marketing experience to DXC,” Salvino said. “She’s an outstanding addition to our leadership team and will play an integral role in helping to drive DXC’s continued transformation and next level of growth.” “I’m thrilled to
TYSONS, Va.--(BUSINESS WIRE)--DXC Technology (NYSE: DXC) confirmed today that it received an unsolicited, preliminary and non-binding proposal from Atos SE Wednesday night to acquire all DXC Technology shares. The DXC Technology board of directors, consistent with its fiduciary responsibilities, will be evaluating the proposal. Prior to receiving this proposal Wednesday night, DXC Technology had no knowledge of any such interest from Atos. We remain focused on delivering for our customers, people and shareholders as we execute our transformation journey.
Guggenheim initiated coverage of DXC Technology with a rating of Neutral and set a new price target of $22.00
JP Morgan downgraded DXC Technology from Neutral to Underweight and set a new price target of $24.00 from $27.00 previously
Citigroup downgraded DXC Technology from Neutral to Sell and set a new price target of $21.00 from $24.00 previously
Wolfe Research downgraded DXC Technology from Peer Perform to Underperform and set a new price target of $22.00
TD Cowen downgraded DXC Technology from Outperform to Market Perform and set a new price target of $25.00 from $34.00 previously
Citigroup downgraded DXC Technology from Buy to Neutral and set a new price target of $25.00 from $32.00 previously
Deutsche Bank downgraded DXC Technology from Buy to Hold and set a new price target of $23.00 from $35.00 previously
RBC Capital Mkts downgraded DXC Technology from Outperform to Sector Perform and set a new price target of $29.00 from $34.00 previously
BMO Capital Markets downgraded DXC Technology from Outperform to Market Perform and set a new price target of $25.00 from $27.00 previously
MoffettNathanson downgraded DXC Technology from Market Perform to Underperform and set a new price target of $28.00 from $32.00 previously
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Mobile App with 8 Million Users at Poland's Largest Bank Brings Digital Personalized Banking Services to Cars WARSAW, Poland, Sept. 4, 2024 /PRNewswire/ - DXC Technology, a leading Fortune 500 global technology services provider, is working with PKO Bank Polski, the largest bank in Poland, to deliver a new functionality in its mobile banking app called IKO, where Polish users can quickly pay for parking from the comfort of their own vehicle. The solution, one of the first of its kind available in Poland, allows drivers to pay for parking through the in-vehicle infotainment das
Partnership Aims to Increase Satisfaction, Loyalty, and Retention Rates of Pluxee Cardholders SÃO PAULO, Aug. 27, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, announced today that it will collaborate with Pluxee, a major global partner for employee benefits and engagement, inheriting the legacy of Sodexo Benefits and Rewards, to process benefit card transactions for the company's 7.1 million users in Brazil. The Pluxee Card helps create opportunities for business by linking recognition, incentive, and employee benef
ASHBURN, Va., Aug. 19, 2024 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading global technology services provider, has been awarded on the Forbes list of the World's Best Management Consulting Firms 2024. This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider. The award list was announced on August 13th, 2024, and can be viewed on the Forbes website. Consulting is considered to be one of the most advanced areas in the professional services industry and continues to grow. The industry is largely dominated b
Total revenue of $3.24 billion, down 6% (4% on an organic basis)(1) Diluted earnings per share was $0.14 vs. $0.17 in the prior year quarter; Non-GAAP diluted earnings per share(2) was $0.74, up 17% Operating cash flow of $238 million, up 87%; Free Cash Flow of $45 million(3) Increased the low end of the full year adjusted EBIT(4) margin outlook range by 50 basis points to 6.5% - 7.0% Increased the low-end of the full-year non-GAAP diluted EPS(2) outlook range by $0.25 to $2.75 - $3.00 Increased full year free cash flow(3) outlook by $50 million to approximately $450 million DXC Technology (NYSE:DXC) today reported results for the first quarter of fiscal year 2025. "I
Rollout of SAP's Enterprise Resource Platform successfully completed in record six months SYDNEY, July 29, 2024 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, has successfully implemented technology systems for two recently acquired Whitehaven Coal (ASX: WHC) mine sites, Daunia and Blackwater, allowing Whitehaven to double its size in record time. DXC completed the roll-out of an SAP S/4Hana ERP system at the new mine sites - aimed at modernizing the HR, Finance, Procurement, and Payroll functions within six months. DXC man
ASHBURN, Va., July 23, 2024 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, has been recognized by Newsweek as one of America's Greatest Workplaces for 2024, reflecting the company's ongoing commitment to employees as a place to learn, thrive, grow and stay engaged. This recognition by Newsweek highlights DXC's strong global workplace culture operating under the theme of "Grow Yourself." This includes a strong hybrid work environment; reskilling and training programs; an employee recognition program; and an online learning p
DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, today announced that it will release financial results for the first quarter of fiscal year 2025 on Thursday, August 8, 2024, at approximately 4:15 p.m. ET Following the release, DXC Technology's management will host a conference call at 5:00 p.m. ET to discuss the company's results. The dial-in number for domestic callers is 888-330-2455. Callers who reside outside of the United States should dial +1-240-789-2717. The passcode for all participants is 4164760#. A live webcast of this event will also be available on DXC Technology's Investor Relations website. A replay of the conference call will be ava
ZUG, Switzerland, June 25, 2024 (GLOBE NEWSWIRE) -- ECARX (NASDAQ:ECX) and DXC Luxoft (NYSE:DXC) today announced they will work together to accelerate the development of in-vehicle capabilities, resulting in enhanced infotainment, digital cockpit and advanced driver assistance systems, and enabling a better user experience for drivers. The two automotive technology leaders will collaborate on product and platform development to keep up with rapid changes in the automotive industry. ECARX's full-stack hardware and software offering will now support a wider range of services through the addition of DXC Luxoft's expertise in software integration and engineering, and its ability to develop
Enhanced collaboration will reduce risk, improve software quality and accelerate digital transformation and cloud migration for global enterprises Checkmarx, the industry leader in cloud-native application security for the enterprise, is stepping up collaboration with DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services company, to offer robust and fully scalable application security (AppSec) programs and services around the world. DXC Technology will now sell and support the Checkmarx One™ application security platform at its customer sites to enable enterprise-grade, comprehensive protection across the software development life cycle and help them find and fix sof
ASHBURN, Va., June 11, 2024 /PRNewswire/ - DXC Technology (NYSE:DXC), a leading Fortune 500 global technology services provider, today announced its commitment to achieve net-zero Scope 1 and 2 greenhouse gas emissions by 2050. This reaffirms DXC's effort to make positive and meaningful contributions to reduce the ongoing threat of climate change by addressing its carbon footprint. The commitment expands on DXC's near-term target to reduce greenhouse gas emissions 65% by 2030 against its fiscal year 2019 baseline, which has been validated by the Science Based Targets initiativ