DXC Cuts Fiscal-Year Guidance as Second-Quarter Revenue and Earnings Fall
DXC Technology lowered its current fiscal-year revenue and adjusted earnings forecasts and reported lower revenue and earnings for the second quarter. Its shares fell 13% to $13.25 after ending the session down 5.3%.
By Stephen NakrosisShares of DXC Technology slipped after the company cut its revenue and adjusted earnings forecast for the current fiscal year and reported lower revenue and earnings for the second quarter.The stock tumbled 13%, to $13.25, after ending the session down 5.3%. Shares hit a 52-week…