💨 Abstract

DXC Technology, an IT services company, forecasts higher-than-expected revenue and profit for Q3, driven by enterprise spending on cloud-based solutions amid the AI boom. Companies are focusing on integrating AI technologies into their operations, increasing demand for cloud computing services, and DXC's cloud infrastructure solutions. The company expects an adjusted Q3 profit of 75-80 cents per share, versus analysts' estimate of 69 cents.

Courtesy: theprint.in

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