Continued YOY declining revenue, significant dilution of EPS... Who would invest in this boat anchor...it's the same song that never changes tune.
A huge lack of innovation, lack of future vision, and lack of commitment. It doesn't take talent to cut costs and resources. The lack of a successful culture and talented employee base will continue to drag on this company. Cheerleading by upper management and goals of hiring the cheapest possible resources doesn't produce results!
Bragar Eagel & Squire, P.C. is Investigating DXC Technology Company on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm:
https://www.globenewswire.com/news-release/2025/01/03/3003805/0/en/DXC-ALERT-Bragar-Eagel-Squire-P-C-is-Investigating-DXC-Technology-Company-on-Behalf-of-Long-Term-Stockholders-and-Encourages-Investors-to-Contact-the-Firm.html
It is truly amazing to see and hear the narrative on these calls when nobody really tries to look behind the curtain and when they do they get the same answer: we are still transforming. What I miss is someone asking about when will the boat be turned around? When is growth in Revenue to be expected. Unfortunately it seems ok to be better than a mediocre outlook which makes the stock price go up a dollar and then back down.
The fact that DXC is cutting cost that will have long time impact and adding cost that will have zero impact is not visible on these calls.
Maybe they should stop hiring all of their friends in "management". Every week there is another new hire to push more paper.
The execs will still get their pay awards, system is rigged for failure, 7 years of contraction sold as success to staff, and investors every quarter, all them town halls, surveys and talk is rubbish.
If you can deliver growth don't take the pay!
BTW for all of the years of "sell sell sell" mantra I'm still seeing existing customers keen to buy stuff that we fumble around and can't deliver a solution quick enough before they lose interest.
All just gets lost in red tape and bs.
This is the problem I suspect.
It's all good except for revenue...
I often wonder if the exec share options were pegged to revenue that we'd see some sort of movement in revenue. As it is they get huge piles of cash for doing everything but revenue.
Incentives are there to incentivise activity. Given that revenue is and always has been dxc's problem maybe we should be focusing on that.
No matter how good the other metrics are, ultimately the revenue is what needs to move upwards or at least stop sliding away.
Didn't I hear one of the muppet show say that we'd hit the neutral decline point at some point in the last twelve months? If so fire that person for failure.
Bunch of jokers at the top. Revenues down and outlook is for more declines.
Yet Rahule is saying his done well in his first year his manage to grow the company by "minus" -6%, and he will continue to shrink it.
They talk sh-t, they shouldn't get raises as they can grow the company.