NYSE:DXCIT
DXC Technology’s AI Push and Buybacks Raise a Deeper Question About Its Turnaround Strategy (DXC)
In late January and early February 2026, DXC Technology reported third-quarter fiscal 2026 results showing slightly lower sales of US$3,194 million but higher net income of US$107 million, trimmed its full-year revenue outlook, redeemed US$300 million of senior notes, expanded its buyback, opened a new AI hub in Sofia, and appointed Rob Le Busque as President of Asia Pacific & Japan.
Together, these moves highlight DXC’s attempt to balance cost discipline and balance sheet repair with...