Dxc technology

Company information: Industry/Area of Activity: Internet & Computer Services Company Stock Ticker: DXC Stock traded at: NYSE Industry Code: 9533 About DXC Technology: DXC Technologies is a large USA based multinational corporation that provides information technology services and professional services. The company was formed as a part of the merger between CSC and HPE (2016/2017). Contact information: Website: www.dxc.com More information: For DXC news and rumors posted by our visitors, see the entries below! Related companies:

Image source: The Motley Fool. DXC Technology ( Q4 2023 Earnings Call May 18, 2023, 5:00 p.m. ET Contents: • Prepared Remarks • Questions and Answers • Call Participants Prepared Remarks: Operator Good afternoon. My name is Emma, and I'll be your conference operator today. At this time, I would like to welcome everyone to DXC Technology's fourth quarter fiscal year 2023 earnings conference call. [Operator instructions] John Sweeney, VP of investor relations, you may begin your conference. John Sweeney -- Vice President, Investor Relations Thank you, and good afternoon, everybody. I'm pleased that you're joining us for DXC Technology's fourth quarter fiscal year 2023 earnings call. Our speakers on the call today will be Mike Salvino, our chairman, president, and CEO; and Ken Sharp, our EVP and CFO. This call is being webcast at DXC investor relations website, and the webcast includes slides that will accompany this discussion today. Today's presentation includes certain non-GAAP financial measures, which we believe provide useful information to our investors. In accordance with the SEC rules, we provide a reconciliation of these measures to the respective and most directly comparable GAAP measures. The reconciliations could be found in the tables in today's earnings release and in the webcast slides. Certain comments we make on the call will be forward-looking. 10 stocks we like better than DXC Technology When o ur analyst team has a stock tip, it can pay to listen. Aft...

Channel programs News DXC Is Reportedly A Private Equity Acquisition Target Joseph F. Kovar September 21, 2022, 04:24 PM EDT The potential interest in DXC by at least one private equity firm comes after the company abruptly pulled out of its investor presentation at a Deutsch Bank conference earlier this month. Global systems integrator and solution provider DXC Technology has started working with advisors after receiving interest from private equity in acquiring the company, according to Bloomberg. The news outlet, citing unnamed people close to the matter, Wednesday reported that at least one private equity firm has approached DXC to discuss acquiring the Ashburn, Va.-based company. [Related: A DXC spokesperson responded via email to a CRN request for more information by saying the company does not comment on “market rumor and speculation.” News of possible private equity interest in DXC came after the company on Sept. 1 abruptly cancelled its attendance at the Deutsche Bank 2022 Technology Conference in Las Vegas, a move that was followed by a 7.9-percent rise in the company’s share price, according to Seeking Alpha. The company had been planning to make an investor presentation at the conference. DXC’s stock price Wednesday is up 1.7 percent to $27.51 per share, which is slightly lower than the $28.11 per share reached the day after it pulled out of the Deutsche Bank conference. This would not be the first time DXC was up for sale. The company in early 2021 was in talk...

ASHBURN, Va.--(BUSINESS WIRE)-- In response to market rumors and speculation, on Oct 4th, 2022, DXC Technology (NYSE: DXC) announced that it was approached by a financial sponsor regarding a potential acquisition of the company. Consistent with its fiduciary responsibility to maximize shareholder value, the company engaged in preliminary discussions and shared information with a financial sponsor. Due to the financial sponsor’s challenges in raising the necessary capital, as a result of current market conditions, no formal proposal was received by the company and DXC has terminated the discussions. Throughout this process, the DXC team has been focused on driving the company to its inflection point. DXC remains well positioned to deliver the business it envisioned for its people, customers, and shareholders, a business that grows organically and expands margin, earnings per share and free cash flow. The Company does not intend to comment further on this matter. About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleague...