DXC Technology names T.R. Newcomb as Chief Revenue Officer

ASHBURN, Va. - DXC Technology (NYSE: DXC), a prominent global technology services firm with annual revenue of $13.09 billion, announced today the appointment of T.R. Newcomb as their new Chief Revenue Officer. Newcomb will assume his role immediately and report to DXC’s President and CEO, Raul Fernandez. According to InvestingPro data, seven analysts have recently revised their earnings expectations upward for the upcoming period, suggesting positive momentum for the company.

Newcomb’s appointment is part of DXC’s strategy to strengthen its leadership team and enhance sales effectiveness across its global operations. He brings with him a wealth of experience, having previously served as the Senior Vice President of Strategy and Corporate Development at Riskified, a company known for its AI fraud and risk technology solutions for eCommerce merchants. His tenure there and at other technology firms has been marked by his strategic thinking and operational focus, aimed at driving revenue growth. The appointment comes at a crucial time, as InvestingPro analysis indicates DXC is currently trading below its Fair Value, with a strong free cash flow yield of 36%.

In his new role, Newcomb is tasked with unifying DXC’s salesforce to improve client engagement and accelerate the introduction of new offerings. His responsibilities will include aligning the company’s sales strategies with market trends, deploying specialist resources worldwide, and expanding DXC’s market presence both with existing accounts and new clients.

With over two decades of experience in technology and financial services, Newcomb has led various initiatives aimed at business development and market expansion. His educational background includes an undergraduate degree from Harvard University and an MBA from The Wharton School.

DXC Technology is known for assisting global companies in managing mission-critical systems and modernizing IT infrastructure. The company’s focus on optimizing data architectures and ensuring security across various cloud environments has made it a trusted partner for many of the world’s largest corporations and public sector entities. With a market capitalization of $3.17 billion and a robust current ratio of 1.34, DXC maintains a solid financial foundation. For detailed insights into DXC’s financial health and growth potential, investors can access comprehensive analysis through InvestingPro’s exclusive research reports, which cover over 1,400 US equities.

This leadership change is a strategic move by DXC Technology as it continues to adapt to the evolving needs of the technology services market. The information regarding T.R. Newcomb’s appointment is based on a press release statement from DXC Technology.

In other recent news, DXC Technology reported its third-quarter fiscal 2025 results, revealing a mixed performance. The company exceeded earnings expectations with an adjusted earnings per share of $0.92, surpassing the analyst estimate of $0.77. However, revenue for the quarter fell short, coming in at $3.23 billion compared to the consensus estimate of $3.26 billion, marking a 5.1% decrease from the same quarter last year. Despite this revenue miss, DXC Technology raised its full-year guidance, now expecting adjusted earnings per share of approximately $3.35, up from the previous forecast of $3.00 to $3.25. The company also increased its full-year free cash flow guidance to approximately $625 million, from the earlier estimate of $550 million. BMO Capital Markets responded by adjusting its outlook on DXC Technology, increasing the price target from $25.00 to $26.00 while maintaining a Market Perform rating. The firm noted that DXC’s earnings were positively influenced by one-time items that boosted profitability. Analysts emphasized the need for DXC Technology to focus on enhancing sales, delivery, and productivity to achieve its financial goals over the coming years.

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