Double bottom from 14aug2019Need to hold this price, if not 25 soon, and need to break 36-37 range as mentioned in the chart to continue uptrendLongby tradingbulls2446
DXC Technology Gap fill opportunity post earnings Impressive earnings report details. Source Business wire Q3 earnings per share from continuing operations was $0.32, including the cumulative impact of certain items of $(0.93) per share, reflecting restructuring costs, transaction, separation and integration-related costs, amortization of acquired intangible assets, and a tax adjustment Q3 non-GAAP earnings per share was $1.25 Q3 income from continuing operations was $90 million, including the cumulative impact of certain items of $(238) million, reflecting restructuring costs, transaction, separation and integration-related costs, amortization of acquired intangible assets, and a tax adjustment Q3 non-GAAP income from continuing operations was $328 million Q3 EBIT of $187 million, adjusted for certain items is $528 million and adjusted EBIT margin was 10.5%, compared with 16.2% in the prior year Q3 net cash provided by operating activities was $477 million Q3 adjusted free cash flow was $397 million DXC Technology (NYSE: DXC) today reported results for the third quarter of fiscal year 2020, representing the period from October 1 through December 31, 2019. "We delivered third quarter results that are in-line with our plan. I am pleased with the initial progress we have made on our two key priorities, running the business and unlocking value," said Mike Salvino, president and CEO. "We are executing on our focused strategy centered on the enterprise technology stack. Our third quarter performance is a positive first step in positioning DXC for long-term success." Financial Highlights - Third Quarter Fiscal 2020 Diluted earnings per share from continuing operations was $0.32 in the third quarter, including $(0.25) per share of restructuring costs, $(0.20) per share of transaction, separation and integration-related costs, $(0.44) per share of amortization of acquired intangible assets, and $(0.04) per share of tax adjustment. This compares with $1.66 in the year ago period. Non-GAAP diluted earnings per share from continuing operations was $1.25. This compares with $2.23 in the year ago period. Revenue in the third quarter was $5,021 million. Revenue decreased 3.0% compared with $5,178 million in the prior year. Income from continuing operations before income taxes was $127 million in the third quarter, including $(53) million of goodwill impairment, $(74) million of restructuring costs, $(68) million of transaction, separation and integration-related costs, and $(146) million of amortization of acquired intangibles. This compares with $469 million in the year ago period. Non-GAAP income from continuing operations before income taxes was $468 million compared with $786 million in the year ago period. Net income was $90 million for the third quarter, including $(64) million of restructuring costs, $(52) million of transaction, separation and integration-related costs, $(112) million of amortization of acquired intangibles, and $(10) million of tax adjustment. This compares with $466 million in the prior year period. Non-GAAP net income was $328 million. Adjusted EBIT was $528 million in the third quarter compared with $840 million in the prior year. Adjusted EBIT margin was 10.5% compared with 16.2% in the year ago quarter. Net cash provided by operating activities was $477 million in the third quarter, compared with $186 million in the year ago period. Adjusted free cash flow was $397 million in the third quarter.Longby Bullishcharts44
DXC - DAILY CHARTHi, today we are going to talk about DXC and its current landscape. DXC Technology gained a lot of attention on the after-hours session yesterday after the company that provides IT services B2B reported that missed its estimates for EPS in -2.82% and Sales revenue in -1.4%, both lower than expected. During its conference call, the company addressed the issues that entailed this underperforming quarter, and disclosure its plan to tackle these problems. These events should keep bringing attention to the company until further notice since there still a lot of speculation about the company's future after the recent reports. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice. by Igor-Silva1121
DXC BreakdownDXC has broken out of its flag pattern on the daily chart to the downside. I would expect a quick profit and shorting to $61 range. That's about half the range within the flag consolidation it was in, which is typical measurement of breakout potential. I put a stop alert at the $65 level which is right around moving average resistance. 1:1 risk/reward ratio on this trade with quick 3% gain shortside potential, entering in with an option put.Shortby BBTrader29Updated 3
short idea under 63might be a good candidate for some medium term puts $XLK $QQQ (A Curzio pick)Shortby chaching230
DXC Technology to Acquire Leading Digital Innovator Luxoft!!!DXC: DXC Technology 2019-01-07 07:30:00 DXC Technology to Acquire Leading Digital Innovator LuxoftLongby JetEquities0
$DXCDXC looks like it should be a good swing trade, MACD crossing soon and day over day gains. Longby thelegend23102
DXC LongDXC possible cup and handle pattern developing. Looking for a move back over $80 near term. $DXCLongby Triple_Barrel_Capital4