DXC Technology's Turnaround: New Leadership and Strategic Moves
DXCDXC Technology(DXC) Gurufocus·2024-10-05 01:15

DXC Technology (DXC, Financial) has entered our Value Leaders rankings as a lesser-known IT services provider. Recently, it was involved in takeover discussions with Apollo (APO, Financial) and Kyndryl (KD, Financial), a company spun off from IBM (IBM, Financial). DXC faced challenges this year, hitting four-year lows in May due to disappointing FY25 guidance with earnings and revenue falling short of expectations. In February, Raul Fernandez was appointed as the new CEO to initiate a major overhaul. Althou ...