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Tag Archives: xerox

Sales, profit up for Xerox in Q4  (access required)

"Our employees and partners worked hard to deliver the highest level of revenue since the start of the pandemic and I am proud of the focus and dedication which led to these results,” said Steve Bandrowczak, Xerox CEO, in a statement. “As macroeconomic uncertainty extends through this year, we will continue working alongside our clients to develop and deploy essential workplace solutions and services, positioning Xerox for long-term growth in profitability." 

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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