DXC Technology Q2 revenue falls, slightly beats estimates
DXC•DXC Technology’s fiscal second-quarter revenue fell 4% year over year to $3.03 billion, slightly above estimates, while adjusted EPS declined 20% to $0.67 but beat consensus. The company forecast fiscal third-quarter revenue of about $2.98 billion and non-GAAP diluted EPS of about $0.55.
1. Quarterly results
DXC Technology reported fiscal second-quarter revenue of $3.03 billion, down 4% year over year and slightly above the $3 billion consensus estimate. Adjusted EPS was $0.67, down 20% year over year but above the $0.55 estimate. Net income was $13 million, and the company repurchased $60 million of shares during the quarter.
2. Outlook and drivers
For fiscal third-quarter 2027, DXC expects revenue of about $2.98 billion, down about 6% organically year over year, and non-GAAP diluted EPS of about $0.55. It forecast fiscal 2027 revenue of $11.91 billion to $11.98 billion, down 5.5% to 5.0% organically. Insurance Software & Services revenue rose 23.1% year over year, helped by a favorable contract modification. The CEO said core revenue recovery will take time and that the company expects agentic and AI-based solutions to contribute to future growth.
