Tag Archives: xerox

Xerox signs first client for new financial services business (access required)

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Xerox Holdings Corp. has signed Lexmark International Inc. as its first original equipment manufacturer client for Xerox Financial Services (XFS), the company’s new global payments solutions business. XFS, which finances both Xerox and third-party workplace technology needs, will provide financing ...

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Xerox acquires augmented reality firm, makes changes to business segments (access required)

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Xerox Holdings Corp. is in the midst of reinventing itself with a number of management and divisional changes. The former document company — and one of Rochester’s one-time Big Three employers — has expanded its software portfolio with the acquisition ...

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Xerox Q4 revenue, earnings down, plans business segment restructuring (access required)

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Xerox Holdings Corp. on Tuesday reported a more than 20 percent year-over-year decline in revenue and a 60 percent decline in earnings for the fourth quarter. For the quarter ended Dec. 31, 2020, Xerox reported revenue of $1.93 billion, down ...

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Xerox Q3 sales, earnings down (access required)

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Xerox Holdings Corp. on Tuesday reported a decline in third-quarter revenue and earnings but managed to beat Street estimates. For the quarter ended Sept. 30, the document company reported sales of $1.77 billion, down roughly 19 percent from $2.18 billion ...

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Xerox releases annual social responsibility report (access required)

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Xerox Holdings Corp. this week released its annual Global Corporate Social Responsibility Report detailing data, accomplishments and goals related to its environmental work, society and governance. “While corporate social responsibility isn’t new, this year has crystalized what it really means, ...

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Xerox revenues slump in second quarter (access required)

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Xerox Holdings Corp. on Tuesday reported a significant drop in second-quarter sales and earnings, falling short of Street estimates for revenues by $80 million. For the quarter ended June 30, the printer giant posted revenue of $1.47 billion, down $798 ...

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Area businesses switch things up for pandemic (access required)

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As the pandemic continues to clamp down on numerous industries, more local manufacturers find ways to stay relevant and help those in need. L3Harris Technologies this month began offering its BeOn software application for free to healthcare and public safety ...

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Xerox reports drop in Q1 earnings, withdraws fiscal guidance amid pandemic upheaval (access required)

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Xerox Holdings Corp. on Tuesday reported a $320 million drop in first-quarter revenue and a 45-cent decline in earnings, missing Street estimates for EPS. The document company also withdrew its guidance for fiscal 2020 due to economic uncertainty surrounding the ...

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Xerox to produce ventilators in Webster

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Xerox Holdings Corp. has partnered with Vortran Medical Technology to produce thousands of ventilators from Xerox’s Webster campus, the two companies announced Tuesday. The production will speed and scale production of Vortran’s GO2Vent ventilator and related Airway Pressure Monitor for ...

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Xerox vacates plan to acquire HP (access required)

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Xerox Holdings Corp. has bowed out of its plan to acquire HP Inc., the company said in a statement Tuesday. “The current global health crisis and resulting macroeconomic and market turmoil caused by COVID-19 have created an environment that is ...

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