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DXC’s Q4 and Fiscal 2020 Results: The Good, The Bad, and the Takeaways

In Technology News by Ron WestfallLeave a Comment

DXC’s Q4 and fiscal 2020 results indicate the company is making progress righting the ship under new CEO Michael Savino, containing revenue runoff due primarily to dissatisfactory customer delivery and diminishing customer relationships before his arrival. While COVID-19 uncertainties played in a role in DXC’s decision to suspend quarterly dividends, this could also allow the company to showcase how its ITO portfolio is well-suited to enabling clients overcome COVID-19 challenges.