DXC Technology Reports Q2 2027 Results with Lowered Full-Year Guidance Amid Sales Execution Challenges
DXC Technology (DXC) reported second-quarter results characterized by a 4% organic revenue decline to $3.03 billion and a significant drop in non-GAAP EPS to $0.67, down 20.2% year-over-year. While the company exceeded some previous guidance metrics, management lowered its full-year FY27 outlook due to weakening bookings and lower pipeline conversion rates, particularly within the Americas and United Kingdom. The company faced headwinds in its Global Infrastructure Services (GIS) segment, which saw a 10% organic revenue decline, and reported total bookings down 10%. Despite these challenges, DXC noted growth in its Insurance segment and increased adoption of AI-driven platforms like OASIS. To offset revenue pressures, the company is implementing cost-reduction efforts and focusing on scaling enterprise AI deployments.
Tickers: $DXC
Topics: Bookings decline Debt retirement EPS miss Guidance downward revision Revenue decline
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