DXC Technology (DXC) Raises Quarterly Dividend 5.6% to $0.19; 0.8% Yield

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Go back to DXC Technology (DXC) Raises Quarterly Dividend 5.6% to $0.19; 0.8% Yield

DXC Technology (DXC) Tops Q4 EPS by 5c, Beats on Revenues

May 24, 2018 4:19 PM EDT

DXC Technology (NYSE: DXC) reported Q4 EPS of $2.28, $0.05 better than the analyst estimate of $2.23. Revenue for the quarter came in at $6.29 billion versus the consensus estimate of $6.12 billion.

"In fiscal 2018, DXC successfully executed on our strategic roadmap, including the integration of CSC and HPE Enterprise Services, achievement of our first-year financial objectives, and a strengthened leadership position in digital transformation," said Mike Lawrie, DXC's chairman, president and CEO. Revenue in the quarter grew year-over-year and sequentially, and we delivered more than $1.1 billion dollars of in-year savings. We continue to invest in our digital capabilities... More