DXC Technology Company (DXC) saw its stock price surge 5.10% in after-hours trading on Thursday, following the release of its second-quarter fiscal 2026 earnings report. The IT services provider delivered a mixed bag of results, with some key metrics surpassing analysts' expectations while others fell short.

The company reported Q2 adjusted earnings per share of $0.84, significantly beating the IBES estimate of $0.70. This strong bottom-line performance was complemented by an adjusted EBIT margin of 8%, showcasing the company's ability to maintain profitability. However, revenue for the quarter came in at $3.161 billion, slightly below the IBES estimate of $3.166 billion and representing a 2.5% year-on-year decline.

Looking ahead, DXC Technology provided an optimistic outlook that likely contributed to the stock's after-hours rally. For the third quarter, the company expects total revenue to range between $3.18 billion and $3.22 billion, with non-GAAP diluted EPS projected between $0.75 and $0.85. Furthermore, DXC reaffirmed its full-year fiscal 2026 revenue guidance, projecting total revenue between $12.67 billion and $12.81 billion. This positive forward guidance, combined with the earnings beat, appears to have boosted investor confidence in the company's near-term prospects, driving the stock's significant after-hours gain.