DXC Technology Company (DXC) has reported a decline in its third-quarter profit compared to the previous year. The net income for the company amounted to $57 million, translating to earnings of $0.31 per share. This is a decrease from the $156 million, or $0.81 per share, reported in the same period last year.
During the quarter, DXC's revenue experienced a contraction of 5.1%, falling to $3.225 billion from $3.399 billion in the prior year.
Here is a summary of DXC Technology Company's earnings under generally accepted accounting principles (GAAP):
- Net Income: $57 million compared to $156 million in the previous year.
- Earnings Per Share (EPS): $0.31 compared to $0.81 in the previous year.
- Revenue: $3.225 billion compared to $3.399 billion in the previous year.
