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DXC Technology Company

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DXC Technology's Q3 benefited from strength in the Digital business. Its impending acquisition of Luxoft is expected to boost the digital solutions business further. Moreover, growing demand for multi-cloud solutions is driving its cloud business. The company’s traction in the cloud and partnerships with HCL, AT&T, VMware and Microsoft are expected to drive growth. DXC Technology is also focusing on acquisitions to expedite growth. Cost-saving initiatives like the Bionix program are boosting the bottom-line. However, declining legacy application services business poses a headwind. Shares have underperformed the industry in the past year.

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