DXC Technology Company's stock experienced a significant after-hours plunge of 14.65% following the release of its fourth-quarter fiscal year 2026 results. The sharp decline came as investors digested mixed financial performance that included a revenue miss and a substantial net loss for the quarter.
The company reported quarterly revenue of $3.13 billion, which slightly missed analyst estimates of $3.145 billion 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 negative EBIT of $39 million. While adjusted earnings per share of $0.77 beat expectations of $0.70, the overall financial picture showed weakness in key areas.
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 earnings report highlighted challenges in the Global Infrastructure Services segment, though there was modest growth in Consulting and Engineering Services and Insurance Software & Services. The company's outlook for the coming fiscal year also contributed to investor concerns during the after-hours session.