DXC Technology Company (DXC) saw its stock surge 5.10% in after-hours trading on Thursday, following the release of its second-quarter earnings report and positive outlook for the upcoming quarter and fiscal year. The IT services provider delivered results that largely met or exceeded analysts' expectations, boosting investor confidence.

The company reported Q2 adjusted earnings per share of $0.84, significantly beating the IBES estimate of $0.70. While revenue slightly missed expectations at $3.161 billion compared to the estimated $3.166 billion, it didn't seem to dampen investor enthusiasm. DXC's adjusted EBIT margin stood at 8%, showcasing the company's ability to maintain profitability in a challenging market.

Looking ahead, DXC provided an optimistic outlook for both the third quarter and the full fiscal year 2026. The company expects Q3 total revenue to range between $3.18 billion and $3.22 billion, with non-GAAP diluted EPS projected between $0.75 and $0.85. For the full fiscal year 2026, DXC anticipates total revenue to fall within $12.67 billion and $12.81 billion. This forward guidance aligns closely with analysts' expectations, further solidifying investor confidence in the company's trajectory.