Home / Earnings / Xerox misses Street estimates in Q2 (access required)

Xerox misses Street estimates in Q2 (access required)

Xerox Corp. on Thursday reported a drop in second quarter revenues and earnings, missing Street estimates. The document company also announced plans for a $1 billion share repurchase program, and Xerox will opportunistically buy back up to $500 million in 2018. Xerox ended the quarter with a cash balance of $1.26 billion. “This positive step forward is ...

Leave a Reply

Your email address will not be published.

x

Check Also

kodaktower300

Kodak improves bottom line in Q3 (access required)

Eastman Kodak Co. after the bell on Friday reported a third-quarter drop in sales, but a significant improvement in the ...