Please ensure Javascript is enabled for purposes of website accessibility

Tag Archives: xerox

Xerox beats Wall Street estimates on Q3 earnings (access required)

Xerox Holdings Corp. on Tuesday reported third-quarter earnings that beat analysts’ estimates but fell below sales predictions. For the quarter ended Sept. 30, the onetime document company reported revenues of $1.76 billion, compared with $1.78 in the third quarter last ...

Read More »

Xerox expands IT services with acquisition (access required)

Xerox Holdings Corp. has expanded its IT services with the acquisition of Competitive Computing, which offers digital services and cloud solutions throughout New England and nationwide. Financial terms of the acquisition were not disclosed. “We’re focused on expanding the reach ...

Read More »

Xerox to move from NYSE to Nasdaq (access required)

Xerox Holdings Corp. plans to transfer its common stock listing from the New York Stock Exchange to the Nasdaq Global Select Market. The move will take effect at market open on Sept. 21. The company will continue to be listed ...

Read More »

Xerox acquires Canadian document management company (access required)

Xerox Holdings Corp. has acquired a Canadian document management provider. Financial details of the acquisition were not disclosed. Groupe CT Inc. was founded in Laval, Quebec, and has worked in the printing technology industry for more than three decades. “We’re ...

Read More »

Xerox reports improvement in bottom line (access required)

Xerox Holding Corp. on Tuesday reported mixed results, including an 8 percent decline in first-quarter sales and a 21-cent improvement in earnings. For the quarter ended March 31, the document company reported revenues of $1.71 billion, down from $1.86 billion ...

Read More »

Xerox takes top position in industry managed print services report (access required)

Xerox Holdings Corp. has taken the top position in Quocirca’s worldwide market landscape report for managed print services (MPS). Quocirca is the print industry’s leading source of independent market insight and advisory services. “Xerox continues to impress with its leadership ...

Read More »

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

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 ...

Read More »

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

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 ...

Read More »

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

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 ...

Read More »

Xerox Q3 sales, earnings down (access required)

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 ...

Read More »