More revenue declines, Ai talk when will it generate revenue???
But the company is very profitable making 685million. More bullsh-t about cost takeout in GIS. Usual b4llsheet.
7 replies (most recent on top)
@a2 you can’t trust those post market close price jumps on a relatively lightly traded stock like DXC.Surprisingly up a bit this morning.
So the quarter missed because customers didn’t buy enough of the “short term stuff” but no worries the mythical DXC pipeline of bigger better deals is out there.
Now that we’ve “unified the architecture and the P&L” the numbers will magically start behaving themselves.
Just another "wait until next quarter".
This company doesn’t need a transformation, it needs a burial and a big send off party. At least then shareholders, customers and employees can finally celebrate something.
DXC can reshuffle its CEOs as much as it likes, but the underlying problem remains. It's a company that largely sells staff hours to slow-moving, risk-averse often government organisations.
Many of the people it sells haven't had a meaningful pay rise in over a decade, and a large proportion of us are in the final stages of their careers, looking towards retirement. The real AI experts aren't choosing to work for DXC—why would they? The company isn't where the cutting edge is.
As they say - you get what you pay for. DXC doesn't invest in it's people, and the clients want it as cheap as possible - so we're just here to give the feeling that critical systems are supported.
My observation is they just run themselves and then get replaced by other companies.
Easy money for d-mbgoogle.... Just needs to continue yapping rubbish and still get paid millions...
Shame. Only exec with half a brain gone.
Share price has crashed near 10%. Everyone knows these guys are not good enough and just lie.
Even the analyst sound fed up.
Danny Grey as President, says it all. Why do they keep employing losers? His tasked with urgent cost takeout.