DXC Technology (DXC)

DXC Technology 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. With decades of driving innovation, the world's largest companies trust DXC to provide services across the Enterprise Technology Stack to deliver new levels of performance, competitiveness and customer experiences.

Company profile

Ticker

DXC

Exchange

NYSE

Website

www.dxc.technology

CEO

Michael Salvino

Incorporated

Nevada

Location

Virginia

Fiscal year end

Mar 31

Sector

Professional, Scientific, and Technical Services > Computer Systems Design Services

Industry (SIC)

Services - Computer Processing & Data Preparation

Automatic Data Processing • Liberty TripAdvisor Holdings Inc - Series A • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Bilibili • Playtika Holding • Change Healthcare ...

Former names

Everett SpinCo, Inc.

SEC CIK

0001688568

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

CSC Computer Sciences Argentina S.R.L. • DXC Technology Australia • DXC Technology Australia Holdings Pty Limited • Dawriver Pty Limited • CSC Agility Platform Australia Pty Limited • DXC United Pty Limited • UXC BSG Holdings Pty Ltd • DXC Eclipse Pty Ltd • DXC Oxygen Pty Ltd • DXC Red Rock Pty Ltd ...

IRS number

611800317

DXC stock data

1M 1Y 5Y

News

From Benzinga Pro

Looking Into DXC Technology's Return On Capital Employed

11 Aug 22

Why NanoViricides Jumped Over 48%; Here Are 106 Biggest Movers From Yesterday

5 Aug 22

Gainers ChemoCentryx, Inc. (NASDAQ: CCXI) surged 109.2% to settle at $50.43 on Thursday after the company, and Amgen, announced an agreement under which Amgen will acquire the company for $52 per share in cash.

12 Information Technology Stocks Moving In Thursday's Intraday Session

4 Aug 22

Clorox, Crocs And Some Other Big Stocks Moving Lower On Thursday

4 Aug 22

BMO Capital Maintains Outperform on DXC Technology, Lowers Price Target to $36

4 Aug 22

Press releases

From Benzinga Pro

Microsoft Dynamics team from DXC Technology joins EY

9 Aug 22

EY expands capabilities in Microsoft Business Applications and connected enterprise solutions TORONTO, Aug. 9, 2022 /CNW/ - EY Canada announced that a highly skilled team of Microsoft Dynamics professionals from DXC

DXC Technology Reports First Quarter Fiscal Year 2023 Results

3 Aug 22

Revenues of $3.71 billion for Q1 FY23, down 10.5% as compared to prior year period, and down 2.6% on an organic basisDiluted Earnings Per Share was $0.43 and Non-GAAP Diluted Earnings Per Share was $0.75 in Q1 FY23Q1

The Co-operative Bank selects Finastra Kondor Cloud for modernized treasury infrastructure

3 Aug 22

Cloud migration digitalizes the bank's processes, enhances integrated ecosystems and enables new opportunity for growth in the UK LONDON, Aug. 3, 2022 /PRNewswire/ -- Finastra announced today that The Co-operative

Technology Solutions to Boost Employee Experience and Improve Patient Outcomes

3 Aug 22

DXC Technology to Report First Quarter 2023 Results on Wednesday, August 3, 2022

20 Jul 22

Analyst ratings and price targets

Last 3 months

Average target

$37.33

Low target

$30.00

High target

$48.00

Calendar

3 Aug 22

12 Aug 22

31 Mar 23

Financial summary

Financial statements Chart DXC financial data

Quarter (USD)	Jun 22	Mar 22	Dec 21	Sep 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Mar 22	Mar 21	Mar 20	Mar 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	2.21B	2.21B	2.21B	2.21B	2.21B	2.21B
Cash burn (monthly)	154.33M	20.92M	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	223.62M	30.31M	n/a	n/a	n/a	n/a
Cash remaining	1.99B	2.18B	n/a	n/a	n/a	n/a
Runway (months of cash)	12.9	104.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

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Recent insider trades

DXC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
29 Jul 22	Teffner Carrie W.	Common Stock	Grant	Acquire A	No	No	6,300	8,100
29 Jul 22	Robert F Woods	Common Stock	Grant	Acquire A	No	No	6,300	44,431
29 Jul 22	Fernandez Raul J	Common Stock	Grant	Acquire A	No	No	6,300	62,092
29 Jul 22	Amy E Alving	Common Stock	Grant	Acquire A	No	No	6,300	33,959
29 Jul 22	Akihiko Washington	Common Stock	Grant	Acquire A	No	No	6,300	14,700

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

DXC institutional ownership history Ownership history

89.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	515	529	-2.6%
Opened positions	56	80	-30.0%
Closed positions	70	74	-5.4%
Increased positions	148	150	-1.3%
Reduced positions	171	168	+1.8%

13F shares	Current	Prev Q	Change
Total value	6.72B	6.97B	-3.5%
Total shares	205.14M	216.07M	-5.1%
Total puts	1.24M	1.67M	-25.7%
Total calls	369K	939.6K	-60.7%
Total put/call ratio	3.4	1.8	+89.1%

Largest owners	Shares	Value	Change
Vanguard	27.36M	$892.8M	-0.1%
BEN Franklin Resources	18.71M	$610.38M	-2.5%
BLK Blackrock	15.17M	$494.93M	-1.8%
IVZ Invesco	13.24M	$431.89M	+9.8%
STT State Street	8.24M	$268.96M	-1.0%
Victory Capital Management	7.89M	$257.49M	+4.3%
Glenview Capital Management	7.55M	$246.32M	+51.2%
Harris Associates L P	6.75M	$220.28M	-35.2%
FMR	6.59M	$215.16M	-41.0%
MS Morgan Stanley	5.37M	$175.09M	+7.2%

Largest transactions	Shares	Bought/sold	Change
FMR	6.59M	-4.59M	-41.0%
Harris Associates L P	6.75M	-3.67M	-35.2%
Norges Bank	0	-2.83M	EXIT
Glenview Capital Management	7.55M	+2.56M	+51.2%
Scout Investments	2.51M	+1.81M	+257.6%
IVZ Invesco	13.24M	+1.18M	+9.8%
Arrowstreet Capital, Limited Partnership	0	-1.09M	EXIT
PXGPE Phoenix	456.22K	-957.09K	-67.7%
Allianz Asset Management GmbH	2.12M	-867.29K	-29.1%
Citadel Advisors	831.72K	+684K	+463.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Diebold Nixdorf • International Business Machines • Jacobs Engineering • Cognizant Technology Solutions • Amdocs • Duck Creek • Leidos • EPAM Systems • Veeva Systems • Delta Tucker

Management Discussion

•Revenues for the first quarter of fiscal 2023 were $3.7 billion, a decrease of 10.5% as compared to the first quarter of fiscal 2022. See "Revenues” below for additional information.
•Net income and diluted earnings per share for the first quarter of fiscal 2023 were $103 million and $0.43, respectively. Net income decreased by $179 million during the first quarter of fiscal 2023 as compared to the first quarter of fiscal 2022. Net income for the first quarter of fiscal 2022 included $377 million of gain on disposition of business.
•Our cash and cash equivalents were $2.2 billion as of June 30, 2022.

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From filing 10-Q 2023 Q1

Financial reports

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Annual report to shareholders

13 Jun 22

10-K