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Xerox names new CEO
Xerox Corp. announced CEO Steve Bandrowczak will step down, with the company’s Board of Directors appointing his replacement, effective immediately.
Battery developer relocates to Xerox’s Webster campus
Ashlawn Energy LLC leased space at Xerox Webster Campus, bringing 20 jobs and advancing VanCharg battery technology with RIT collaboration.
Xerox posts Q4 revenue growth
Xerox reported Q4 revenue of $2.03B, as losses persisted and the company advanced its Lexmark integration amid macroeconomic headwinds.
Xerox revenue climbs 28%, narrows Q3 loss amid Lexmark integration
Xerox reported third-quarter revenue of $1.96 billion, up 28%, while narrowing its net loss and advancing integration efforts.
Xerox announces layoffs after Lexmark acquisition
Xerox Corp. has begun workforce reductions following its $1.5 billion acquisition of Lexmark, though local job impacts were not specified.
$9.8M NYS grant will help ready Webster sites for high-tech manufacturing
New York State awarded Webster $9.8M in FAST grants for infrastructure upgrades at Xerox, NEAT and fairlife sites to support development.
Xerox announces president & COO transition
Xerox Corp. announced that John Bruno, its president and chief operating officer, is leaving the company to become CEO of another business.
Sales, profit up for Xerox in Q4
"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 s[...]
Inflation, supply chain challenges impact Xerox’s third-quarter results
Xerox now expects annual revenue in the range of $7.0 to $7.1 billion in actual currency versus previous estimates of revenue from at least $7.1 billion.
Xerox beats Wall Street estimates on Q3 earnings
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 […]
Xerox expands IT services with acquisition
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 […]
Xerox to move from NYSE to Nasdaq
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 […]
