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BUENOS AIRES - DXC Technology (NYSE:DXC), a prominent IT services provider with annual revenue of $12.79 billion, has opened a new office in the Argentine capital, strengthening its presence in Latin America, according to a company press release issued Friday. According to InvestingPro analysis, the company appears undervalued at its current market capitalization of $2.36 billion.
The facility in Capital Federal will serve as a hub for DXC’s Go-to-Market teams and leaders across multiple service areas including Business Process Services, Cloud, ITO, Applications and Modern Workplace.
DXC, a Fortune 500 global technology services provider, has operated in Argentina for decades, supporting clients in banking, retail, fast food, manufacturing, and transportation sectors. The new location will function as both a customer engagement and delivery center.
"Argentina is home to an exceptionally talented team whose expertise continues to drive innovation and deliver outstanding results," said Ricardo Ferreira, General Manager of DXC Latin America, in the statement.
The company cited IDC research indicating Argentina’s IT services market is positioned for renewed momentum, which it described as signaling broader digital transformation in the region.
Vanina Zanaboni, DXC Argentina Country Leader, called the new office "a strategic investment in our people, our clients and our future."
The Buenos Aires opening follows similar recent expansions by DXC in Farnborough, UK, where the company established an Aerospace and Defense Hub, and in Toronto, Canada.
DXC Technology provides information technology services to enterprise clients across various industries worldwide.
In other recent news, DXC Technology reported its earnings for the first quarter of fiscal year 2026, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $0.68, exceeding the forecasted $0.61. Additionally, DXC Technology’s revenue outperformed projections, reaching $3.16 billion compared to the anticipated $3.06 billion. These results indicate a strong start to the fiscal year for the company. Despite the positive earnings and revenue figures, the stock experienced a slight decline in after-hours trading. This may reflect market caution amidst broader economic uncertainties. Investors and analysts will be closely monitoring DXC Technology’s performance in the coming quarters.
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