DXC Technology reports Q1 EPS $1.93, consensus $1.75
Reports Q1 revenue $5.28B, consensus $5.31B. The company said, ""In the first quarter of fiscal 2019, DXC Technology delivered year-over-year growth in revenue, earnings per share, and margins. We continue to build momentum in digital, with double-digit growth in each of our digital areas, and we also drove growth in our industry offerings, where we are seeing strong demand in financial services and healthcare. During the quarter, we completed the separation of our U.S. Public Sector business, and we also recently announced our intent to acquire Molina Medicaid Solutions from Molina Healthcare. This transaction will expand our state Medicaid business while enhancing the capabilities we provide these agencies. DXC is on track to deliver against its fiscal 2019 financial targets."