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Xerox reports drop in sales in first full quarter since shakeup (access required)

Xerox Corp. on Tuesday reported a drop in third quarter revenue and earnings, missing Street estimates for sales, but beating estimates for EPS. In the first full quarter since its leadership shakeup in May, Xerox reported a nearly 6 percent year-over-year decline in revenue to $2.35 billion. For the third quarter ended Sept. 30, net income ...
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