Prediction that share price when markets open will be down a bit to $50.00, seems like Wall street and the investors on the call and invested in DXC still not waking up to the truth and looking for a Rainbow outlook to their $$/$$
17 replies (most recent on top)
@10r5K8F0-gaz icing on the cake would be a proper investigation into his shady dealings.
Watching the earnings update that came out from our fearless leader. I baffles me that this bungling oaf still has free reign to run the company into the ground. He's not even able to spin his nonsense to sound positive anymore.
My biggest takeaway: Non-GAAP (AKA B.S.) Earnings per Share (EPS) were up 3 cents a share, while GAAP (true figures) EPS were down by 61cents per share.
https://www.dxc.technology/newsroom/press_releases/147110. I don't understand this. Revenue is way down, yet the cash dividend per share goes up. How the hell does that work??
Best of the best management are left? I think you meant to say ‘have left’. Lots of good, senior management from sales in the UK has left quietly. Just the c-ap left. UK Country Manager is hopeless. He does not care.
What does the cremdela crem management have to say now. Blaming Mike Laurie isn't going to cut it much anymore. Supposedly the best of the best is left over from EDS, HPE, HPQ, now working for DXC. YOUR are FAILING. Nice to see results are finally showing the market the reality of the situation.
Are we getting close to Mikey leaving us without a payoff? Would put the icing on the cake at many a peoples leaving parties
There is no pipeline. The good salespeople have left the company so all that’s left is the dross. Poor quality salespeople selling a brand with a terrible reputation and big customers not renewing contracts. It’s a perfect storm and it will sink DXC. To recover any shareholder value the board have to split up and sell the company. This will happen before the year is out.
After hours 44.00 −7.65 (14.81%)
Pipeline is complete bs. I know for a fact that senior leadership has told all sales people to put in bogus opportunities on all accounts into sales force. Next quarter is going to be worse imo
Oh no! With results this bad DXC may have to seriously start cutting people. No wait......
analysts/market seem to be seeing through the "but Digital is growing strongly" garbage given DXC decides what is classified as 'Digital" and that part is unaudited - big revenue drop considering the Luxoft revenue is now being included in these numbers
It’s a Greek tragedy. Serious WFRs are coming.
cnbc shows 17% down now 😜
clients are jumping
Shocked. Maybe clients are catching faster than we expected. Bravo.