Latest news with #DXCTechnology
New York Times
12-06-2025
- Business
- New York Times
Manchester United's new home kit: Old Trafford tribute, '90s nostalgia and a reduced Adidas deal
Manchester United have unveiled the new home kit they will wear for the 2025-26 season, a campaign in which they will receive a reduced payment from their kit supplier Adidas due to their failure to qualify for the Champions League. Coach Ruben Amorim's side finished only 15th in the 20-team Premier League and lost the Europa League final, which would have got them a Champions League place via the backdoor, and the terms of their deal with Adidas state this means they will receive £10million less than hoped for due to their failure to be part of Europe's elite club competition. Advertisement The new kit, which will retail at £125 ($170) for the shirt, shorts and socks, comes in a deep red with a black and white V-neck collar and sleeve cuffs, with stripes along the shoulders. Old Trafford, United's stadium, is featured in an abstract graphic on the sleeves while the back of the collar has the ground's 'Theatre of Dreams' nickname on it. These tributes to the club's long-time home come after plans were announced earlier this year for United to build a 100,000-capacity new stadium rather than redevelop Old Trafford. US technology firm Qualcomm Snapdragon continue as the shirt's primary sponsor, while global IT service DXC Technology is the sleeve sponsor. The new goalkeeper kit, as modelled below by Andre Onana, features a black and grey shirt with yellow detailing along the shoulders and for sponsorship purposes. The men's team will debut the kit in a pre-season friendly against Leeds United on July 19 in Stockholm, Sweden. Squint and tilt your head, and the abstract sleeve detailing on the 2025-26 kit bears some similarity to the design found on the 1997-98 home strip — a shirt made famous by David Beckham's goal from the halfway line against Wimbledon. Sir Alex Ferguson's men finished that campaign with just Charity Shield (now the Community Shield) medals for their efforts — defeating Chelsea via a penalty shootout in the annual curtain-raiser friendly between the previous season's champions and FA Cup winners. A second-place league finish, trailing Arsenal by a single point, would lead Ferguson to recruit Jaap Stam, John O'Shea, Jesper Blomqvist and Dwight Yorke the following summer, with the club then winning the Treble in 1998-99. Fast forward to the present day, and this new kit is a solid design effort, its best details revealing themselves up close. The shirt appears to follow a similar design template to a handful of Adidas' key releases this summer, including the new Real Madrid home kit. Inspirada en el Bernabéu. Llevada como una declaración. 🤍🔥 Presentamos la nueva primera camiseta 25/26 del Real Madrid. Ya disponible. 🔗 | #RMCFHome — Real Madrid C.F. (@realmadrid) June 6, 2025 The 2025-26 home kit will sell at a similar price point to Adidas' other slate of releases for the upcoming season. An authentic full match strip (ie, one made to the same specifications as the versions worn by United players in games) will cost £125 ($170) on the official Adidas and United websites. The adult stadium version will cost fans £85 ($115). Children's jerseys cost £60, and an entire kit, with shorts and socks, in children's sizing will retail at £80. In July 2023, United signed a 10-year kit contract with the German sportswear empire, worth in the region of £900million. Payments on that deal may increase if the club's men's or women's teams win specific silverware in any given season. A Premier League or Women's Super League title, lifting an FA Cup or victory in one of UEFA's continental competitions can yield an increase, with a maximum possible bonus of £4.4million. Advertisement The terms of the kit deal, which was extended and altered at that point almost two years ago, also state that if the United men's team fail to qualify for the Champions League, then a £10million reduction in payment will be made in each season of non-participation, with 2025-26 being the first year in which that condition applies. As such, this coming campaign will see a payment of £80million exchanged between the two parties rather than £90m. This will continue until United return to Europe's top competition. United posted their Q3 (third quarter of the club's year) results earlier in June, revealing — among other findings — that cash reserves had fallen to £73.2 million. Although this was an improvement on the £67million figure registered during the same period last year, it follows significant investment – £238.5m ($300m) – by Sir Jim Ratcliffe since purchasing a 28.9 per cent minority stake in early 2024. In March this year, Ratcliffe informed selected journalists that United 'would have gone bust by Christmas' had it not been for cost-cutting measures, including mass layoffs for more than 200 members of club staff. The club still have the capacity to borrow a further £90million under a revolving credit facility. They are unlikely to be in danger of breaching the Premier League's profit and sustainability rules (PSR) this summer. This transfer window will see United take a particularly structured approach to player incomings and outgoings. The £62.5million ($83.7m) deal to acquire Matheus Cunha from Wolverhampton Wanderers will be paid in multiple instalments. In comparison, the opening bid for Brentford forward Bryan Mbeumo proposed an agreement of £45m, plus £10m in add-ons. United will look to raise additional transfer funds through player sales. The futures of Jadon Sancho, Marcus Rashford, Antony and others are yet to be confirmed. (Top photos: Manchester United)
Channel Post MEA
09-06-2025
- Business
- Channel Post MEA
DXC Named Dynatrace Global Partner Of The Year For 2025
DXC Technology has announced it has been named Global Partner of the Year at the Dynatrace Amplify Partner Sales Kickoff. The award recognizes DXC's 15-year strategic collaboration with Dynatrace—marked by deep technical expertise, strategic investment, and transformative results for enterprise customers worldwide. The Global Partner of the Year Award honors organizations that demonstrate exceptional innovation and drive market adoption for Dynatrace solutions. DXC earned this distinction for its ability to leverage innovative solutions from Dynatrace to foster growth and success, consistently exceeding expectations and addressing the evolving needs of enterprises. DXC was also recognized for spearheading the establishment of a Dynatrace strategic business unit, with more than 280 certified engineers and over 1,500 trained professionals worldwide. The Global Partner of the Year Award honors organizations that demonstrate exceptional innovation and drive market adoption for Dynatrace solutions. DXC earned this distinction for its ability to leverage innovative solutions from Dynatrace to foster growth and success, consistently exceeding expectations and addressing the evolving needs of enterprises. DXC was also recognized for spearheading the establishment of a Dynatrace strategic business unit, with more than 280 certified engineers and over 1,500 trained professionals worldwide. 'This recognition underscores the power of our partnership and the trust our customers place in our joint solutions,' said Howard Boville , President, DXC Consulting & Engineering Services Powered by AI. 'In just the past 15 months, we've helped more than 200 organizations, including some of the most complex enterprises in the world—adopt Dynatrace. With the industry's largest team of Dynatrace-certified engineers, a dedicated business unit, and automation that facilitates onboarding in minutes, we're enabling clients to accelerate transformation, resolve issues faster, and realize the full value of AI-powered observability.' 'It's my honor to congratulate DXC Technology on being named our 2025 Global Partner of the Year. This well-deserved award reflects DXC's remarkable commitment to innovating and driving market growth, and we couldn't be prouder to recognize their achievements. Our combined potential to deliver true business outcomes is only increasing, and we look forward to building on this success and delivering even greater impact in the year to come,' said Jay Snyder , SVP, Global Partners and Alliances, Dynatrace. DXC brings unparalleled scale and expertise to the Dynatrace ecosystem, with one of the largest investments in Dynatrace talent across the IT industry. DXC's dedicated Global Dynatrace Strategic Business Group reflects its commitment to delivering next-generation observability solutions for our customers. DXC is also the only IT services provider with a Center of Excellence focused on Logs Management on Grail, which highlights our leadership in applying AI to enterprise-scale applications.
Yahoo
04-06-2025
- Business
- Yahoo
DXC Q1 Earnings Call: Revenue Misses Expectations, Management Focuses on Bookings and Turnaround
IT services provider DXC Technology (NYSE:DXC) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 6.4% year on year to $3.17 billion. Its non-GAAP EPS of $0.84 per share was 8.6% above analysts' consensus estimates. Is now the time to buy DXC? Find out in our full research report (it's free). Revenue: $3.17 billion (6.4% year-on-year decline) Adjusted EPS: $0.84 vs analyst estimates of $0.77 (8.6% beat) Adjusted Operating Income: $230 million vs analyst estimates of $221.6 million (7.3% margin, 3.8% beat) Revenue Guidance for Q2 CY2025 is $3.07 billion at the midpoint, below analyst estimates of $3.11 billion Adjusted EPS guidance for the upcoming financial year 2026 is $3 at the midpoint, missing analyst estimates by 12.3% Operating Margin: 11.7%, up from -7.4% in the same quarter last year Organic Revenue fell 4.2% year on year, in line with the same quarter last year Market Capitalization: $2.73 billion DXC's first quarter results reflected ongoing challenges in reversing a longstanding revenue decline, as management continued to emphasize the operational overhaul underway. CEO Raul Fernandez attributed the performance to a combination of structural and cultural changes, including significant new hires and leadership turnover, aimed at stabilizing the business. He pointed to a 20% increase in bookings and a second straight quarter with a book-to-bill ratio above 1.0, suggesting early signs of improved market traction. Fernandez acknowledged that the rebuilding of operational capabilities was 'deeper and more extensive' than initially anticipated, with a focus on streamlining sales processes and incentivizing performance. Notably, a major contract win with Carnival Cruise Line was highlighted as evidence of progress in large enterprise deals, though management remained candid about the need for continued discipline in execution. Looking ahead, DXC's guidance is shaped by expectations of ongoing investment in sales, marketing, and core solution areas, while recognizing persistent headwinds in key markets. CFO Rob Del Bene outlined that the company's outlook incorporates a wider range to account for macroeconomic uncertainty and project-based volatility, particularly in consumer and media sectors. Fernandez stated, 'Our strategy is clear, and we are committed to executing with the discipline required for DXC to generate sustainable and profitable growth.' Management expects longer-duration contracts and increased AI-related projects to gradually improve revenue visibility, but cautioned that meaningful top-line growth depends on scaling recent wins and further pipeline development. The company's decision to resume share repurchases also reflects a belief in its turnaround strategy, though leadership admitted that the timing for a return to revenue growth remains uncertain. Management attributed the quarter's performance to improvements in sales execution, major new client wins, and ongoing investments in operational capabilities. They also acknowledged ongoing revenue headwinds and the need for further progress in key segments. Sales and leadership overhaul: CEO Raul Fernandez reported 22 new leadership hires and 14 departures within 15 months, including the onboarding of a chief revenue officer, to rebuild the sales organization and align incentives more closely with performance metrics. Large contract momentum: DXC secured a significant new contract with Carnival Cruise Line, which management described as a competitive win showcasing the company's ability to deliver integrated infrastructure and application management for large-scale clients. Bookings growth and pipeline: The company achieved a 20% year-over-year increase in bookings and maintained a book-to-bill ratio above 1.0 for a second consecutive quarter, indicating improved pipeline quality and future revenue potential. AI-driven service offerings: Management highlighted early progress in generative AI (GenAI) pilots across industries, with a focus on building repeatable, scalable solutions to meet growing customer demand for digital modernization and automation. Segment-specific dynamics: Consulting and engineering services (CES) saw strong bookings in strategic projects but continued pressure in custom application work, while insurance services recorded mid-single-digit growth, offset by one-time items affecting the quarter's rate. DXC's outlook centers on expanding its pipeline, driving adoption of AI-enabled solutions, and scaling enterprise contracts, but remains cautious given ongoing market and project-based uncertainties. Expanding AI and digital offerings: Management expects increased investment in developing scalable, replicable AI solutions and digital transformation services to drive future growth, particularly in financial services where client demand is strongest. Margin pressures from investment: The company plans to continue investing in sales, marketing, and solution development, which may weigh on margins in the near term as leadership prioritizes building long-term capabilities over immediate profitability. Macroeconomic and industry risks: Guidance for the year allows for potential volatility in consumer, retail, and media verticals, with CFO Rob Del Bene noting that lower-end forecasts account for possible demand softness and project delays in these sectors. In coming quarters, the StockStory team will closely watch (1) DXC's ability to convert recent large bookings, like the Carnival Cruise Line deal, into sustainable revenue streams; (2) the pace at which AI and digital transformation projects move from pilots to scaled deployments; and (3) execution on leadership stability and improvements in sales effectiveness. Progress on segment restructuring and visibility into insurance and consulting performance will also be important indicators of turnaround momentum. DXC currently trades at a forward P/E ratio of 4.4×. Is the company at an inflection point that warrants a buy or sell? See for yourself in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today.
Cision Canada
04-06-2025
- Business
- Cision Canada
ISA Vías and DXC Enhance Road Safety on One of Chile's Most Critical Highways Using Digital Twin Technology
ASHBURN, Va., June 4, 2025 /CNW/ - DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, today announced a collaboration with ISA Vías, a leading road infrastructure operator in Chile. Together, they have implemented a Digital Twin platform that is transforming road safety along the Ruta del Maipo, one of the country's most critical transportation routes, which serves over 7 million vehicles per month. DXC uses digital twin technology to create a real-time virtual model of the physical roadway, enabling ISA Vías to simulate a wide range of emergency scenarios—including vehicle rollovers, fires, and evacuations—without disrupting live traffic. Leveraging DXC's Digital Twin platform, road operators can train, test protocols, and refine their response strategies, ultimately improving emergency preparedness. "This collaboration with DXC marks a major step forward in the modernization of Chile's infrastructure," said Andrés Contreras Herrera, CEO of ISA Vías in Chile. "By integrating digital twin technology, we can better anticipate critical events, improve safety protocols, and optimize traffic management. As the operator of roads in Chile, this initiative strengthens our commitment to sustainability, innovation, and the safety of millions of drivers—setting a new benchmark for smart infrastructure." In addition to enhancing emergency readiness, the DXC Digital Twin platform also offers real-time insights to improve traffic flow, enable predictive maintenance, and support data-driven decisions, optimizing operations and reducing disruptions for a safer, more efficient experience. Plans for expansion include more highways and tunnels, setting a new standard for protecting critical infrastructure and paving the way for future projects across Latin America. "Our work with ISA Vías exemplifies the power of innovative technology to transform everyday life," said Howard Boville, Executive Vice President, Consulting & Engineering Services - Powered by AI at DXC Technology. "We're not only addressing today's road safety challenges but also helping anticipate tomorrow's using data-driven insights. By enabling smarter, more resilient infrastructure, our Digital Twin platform is paving the way for a new era of intelligent transportation across Latin America." DXC helps the world's most innovative organizations thrive in this era of AI. With deep industry knowledge and engineering expertise, our work spans key industries—from automotive and healthcare to financial services and the public sector—to modernize critical systems, manage complex operations, and drive meaningful transformation. Backed by a global ecosystem of technology partners and a workforce of over 120,000 professionals across 70+ countries, DXC delivers innovative solutions that are reshaping industries and improving everyday lives. To learn more about DXC's Digital Twin offerings, visit About DXC Technology DXC Technology (NYSE: DXC) helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services to drive new levels of performance, competitiveness, and customer experience across their IT estates. Learn more about how we deliver excellence for our customers and colleagues at Forward Looking Statements All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." These statements represent current expectations and beliefs, and no assurance can be given that any result, goal or plan set forth in any forward-looking statement can or will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2024, and any updating information in subsequent SEC filings. Readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this document or to reflect the occurrence of unanticipated events, except as required by law.
TECHx
03-06-2025
- Business
- TECHx
DXC Technology Wins Dynatrace Global Partner Award
Home » Tech Value Chain » Global Brands » DXC Technology Wins Dynatrace Global Partner Award DXC Technology has announced it was named Global Partner of the Year at the Dynatrace Amplify Partner Sales Kickoff. The recognition highlights DXC's 15-year collaboration with Dynatrace. The partnership is known for its technical expertise, strategic investment, and results delivered to enterprise clients worldwide. Dynatrace revealed that the award honors partners showing innovation and driving market adoption of its solutions. DXC Technology earned the title by using Dynatrace technologies to accelerate enterprise growth and transformation. According to the report, DXC was also honored for forming a dedicated Dynatrace business unit. This includes: Over 280 Dynatrace-certified engineers More than 1,500 trained professionals globally Howard Boville, President of DXC Consulting & Engineering Services Powered by AI, commented on the achievement. He noted that in just 15 months, DXC helped over 200 complex enterprises adopt Dynatrace solutions. He added that the company's expertise, combined with automation and fast onboarding, enables clients to transform quickly, solve issues faster, and harness the full power of AI-driven observability. Jay Snyder, SVP of Global Partners and Alliances at Dynatrace, congratulated DXC Technology. He reported that DXC's innovation and growth efforts made a significant impact. He also expressed confidence in the continued success of the partnership. DXC Technology brings one of the largest Dynatrace-certified teams to the IT industry. The company also runs a Center of Excellence focused on Logs Management on Grail. This, as reported, underscores its leadership in enterprise-scale AI applications.
