"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." 

Tagged with: Steve Bandrowczak xerox

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.  

Tagged with: xerox

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 ...

Tagged with: Earnings john visentin xerox

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 ...

Tagged with: acquisitions it tech xerox xerox holdings

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 ...

Tagged with: nasdaq nyse stock exchange xerox xrx

Xerox Holdings Corp. on Thursday said it had formed a new company to consolidate three of its businesses. CareAR Holdings, a Xerox company, brings together CareAR Inc., DocuShare and XMPie under a single holding company. CareAR received a $700 million ...

Tagged with: carear docushare funding servicenow xerox xmpie

Xerox Holdings Corp. shares were up roughly 5 percent on Tuesday following an earnings report that beat Wall Street estimates. Shares of company stock (NYSE: XRX) were trading $24.75 this afternoon, up from today’s opening price of $23.54. For the ...

Tagged with: Earnings john visentin xerox

Xerox Holdings Corp. has acquired a Southern California document solutions provider. Financial details of the transaction were not disclosed. Document Systems Inc. has worked with business leaders in Ventura, Santa Barbara and Los Angeles counties since 1994. The company will ...

Tagged with: acquisition document systems smb xerox

Xerox Holdings Corp. continues to reinvent itself. Xerox has partnered with the Australian state of Victoria government to launch Eloque, a joint venture to commercialize new technology that will remotely monitor the structural health of bridges. Eloque uses tiny fiber ...

Tagged with: australia bridges darpa IoT john visentin xerox xerox holdings

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 ...

Tagged with: acquisition groupe ct smb xerox

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 ...

Tagged with: Earnings john visentin xerox

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 ...

Tagged with: managed print services quocirca xerox xerox holdings

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 ...

Tagged with: lexmark xerox xerox financial services xfs

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 ...

Tagged with: augmented reality john visentin technology xerox

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 ...

Tagged with: Earnings john visentin restructuring venture capital xerox