DXC Technology Company's stock experienced a significant 17.4% plunge in post-market trading following the release of its fourth-quarter fiscal year 2026 results. The sharp decline came as investors digested disappointing financial performance and a weaker-than-expected outlook for the coming year.
The company reported quarterly revenue of $3.13 billion, which slightly missed analyst estimates and represented a 1.2% decrease compared to the same period last year. More concerning to investors was the company's net loss of $140 million for the quarter, along with an EBIT loss of $39 million. While adjusted earnings per share of $0.77 beat expectations, the overall financial picture showed significant weakness.
Further pressure on the stock came from a 13.5% year-over-year decline in bookings, signaling softer demand for the company's services. The company's outlook for the first quarter of fiscal year 2027 also contributed to investor concerns, with revenue guidance of $2.97 billion to $3.00 billion and full-year adjusted EPS guidance of $2.40 to $2.90, both below consensus estimates.