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DXC Technology Q3 Adjusted Earnings, Revenue Decline

· 02/05/2021 02:12

07:12 AM EST, 02/05/2021 (MT Newswires) -- DXC Technology (DXC) reported late Thursday fiscal Q3 non-GAAP earnings of $0.84 per diluted share, down from non-GAAP earnings of $1.25 per diluted share in the prior-year period.

Analysts surveyed by Capital IQ forecast non-GAAP diluted earnings of $0.54 per share for the period.

The information technology company's revenue in the quarter ended Dec. 31 fell to $4.29 billion from $5.02 billion in the prior-year period. The consensus estimate compiled by Capital IQ was for revenue of $4.19 billion.

Shares of the company were up by approximately 2.6% in recent pre-bell trading Friday.

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