Investing.com - DXC Technology reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
DXC Technology announced earnings per share of $0.64 on revenue of $4.55B. Analysts polled by Investing.com anticipated EPS of $0.38 on revenue of $4.46B.
DXC Technology shares are down 47% from the beginning of the year, still down 48.97% from its 52 week high of $38.37 set on January 2. They are under-performing the S&P 500 which is up 8.66% from the start of the year.
DXC Technology follows other major Technology sector earnings this month
DXC Technology's report follows an earnings beat by Apple on October 29, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
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