DXC Technology reports Q2 adjusted EPS 70c, consensus 67c

Reports Q2 revenue $3.44B, consensus $3.44B. Mike Salvino, DXC Chairman, President and Chief Executive Officer commented: “We are pleased with our Q2 financial performance, where we began to demonstrate the benefits of our new operating model as we move the company from stability to sustained financial improvement. We now have the right model and the right leaders in place to consistently deliver on our financial goals, and are focused intently on making sure this continues. Adding three impactful new senior leaders over the past five months to an already talented team will allow us to more effectively deliver for our customers and on our goal to consistently grow revenue and expand margins, EPS, and free cash flow. Quarter on quarter, we made positive progress in each of those categories in Q2 and we expect this execution will continue.”