Tagged With "GAAP"

Financial Results $173 million of operating cash flow from continuing operations, down $49 million year-over-year, and $150 million of free cash flow, down $57 million year-over-year Adjusted operating margin of 4.7 percent, down 630 basis points year-over-year $1.86 billion of revenue, a decrease of 14.7 percent year-over-year or 13.9 percent in constant currency GAAP loss from continuing operations of $(0.03) per share, down $0.37 year-over-year, and adjusted earnings per share (EPS) of...

NORWALK, Conn. — April 26, 2016 — Xerox has announced its first-quarter financial results and reaffirmed its full-year adjusted earnings guidance. The company reported it remains on track to complete its planned separation into two independent, publicly-traded companies by the end of the year and said it has made important progress on its three-year, $2.4 billion strategic transformation program. Xerox delivered adjusted earnings per share of 22 cents in the first quarter of 2016. Adjusted...

AUSTIN, Texas, Jan. 11, 2017 /PRNewswire/ -- Upland Software, Inc. ( UPLD ), a leader in cloud-based Enterprise Work Management software, today announced that it has acquired Omtool, an award-winning enterprise document capture, fax, and workflow solution. "We are pleased to welcome Omtool and their valued customers and partners to Upland," said Jack McDonald, Chairman and CEO of Upland Software. "This strategic acquisition enhances our workflow automation and document management product...

NEWS – For Immediate Release EFI Reports Third Quarter 2017 Results FREMONT, California -- October 26, 2017 -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced its results for the third quarter of 2017. For the quarter ended September 30, 2017, the Company reported record third quarter revenue of $248.4 million, up 1% compared to third quarter 2016 revenue of $245.6 million. GAAP net income was $1.9 million, down 89%...

NEWS – For Immediate Release EFI Reports Record First Quarter Revenue for Q1 2018 Industrial Inkjet Increases by 15%; Productivity Software Grows by 25% FREMONT, California -- April 30, 2018 -- Electronics For Imaging, Inc. (Nasdaq:EFII), a world leader in customer-focused digital printing innovation, today announced its results for the first quarter of 2018. For the quarter ended March 31, 2018, the Company reported record first quarter revenue of $239.9 million, up 5% compared to first...

Increased demand drives equipment revenue and IT Services growth, company poised to capitalize on economic recovery Financial Summary $1.71 billion of revenue, down 8.1 percent year-over-year or 10.4 percent in constant currency. GAAP earnings per share (EPS) of $0.18, up $0.21 year-over-year, and adjusted EPS of $0.22, up $0.01 year-over-year. Adjusted operating margin of 5.2 percent, up 50 basis points year-over-year. $117 million of operating cash flow, down $56 million year-over-year.

Company reports higher revenue, EPS and free cash flow while increasing investments in targeted growth areas Financial Summary $1.79 billion of revenue, up 22.4 percent year-over-year or 18.1 percent in constant currency. GAAP earnings per share (EPS) of $0.46, up $0.35 year-over-year, and adjusted EPS of $0.47, up $0.32 year-over-year. Adjusted operating margin of 7.0 percent, up 280 basis points year-over-year. $214 million of operating cash flow, up $180 million year-over-year. $198...

HP Inc. posts last quarter’s earnings Net revenue up 8.8% to $17 million Spent $1.8 billion buying back its stock Printing division revenue down 4.2% to $4.831 billion Non-GAAP operating profit of $879 million 18.2% operating margin Supplies revenue down 2% Total hardware units down 28% Commercial revenue up 9% Consumer revenue down 23%

Improved revenue trajectory driven by resilience in demand amid a challenging macro environment Financial Summary $1.75 billion of revenue, down 0.4 percent year-over-year or up 4.7 percent in constant currency. GAAP (loss) earnings per share (EPS) of $(2.48), down $2.96 year-over-year. GAAP EPS includes an after-tax non-cash goodwill impairment charge of $395 million or $2.54 per share. Adjusted EPS of $0.19, down $0.29 year-over-year. Adjusted operating margin of 3.7 percent, down 50 basis...

HP reports last quarter’s earnings Total net revenue down 11.2% to $14.8 billion Printing division revenue down 7.1% to $4.533 billion (includes PPS, MFPs, printers, etc.) Non-GAAP operating profit of $903 million Profit from this division is 66% of total company Supplies revenue down 10% Total hardware units down 3% Commercial revenue up 1% Consumer revenue down 7% Personal Systems division revenue down 13% to $10.267 billion Non-GAAP operating profit of $458 million Plans to reduce total...

Hewlett Packard Enterprise reports last quarter No relationship with HP Inc. (which provides printers and MFPs) For last quarter, total revenue was up 17% to $7.9 billion Annual recurring revenue (ARR) up 17% to $936 million Total as-a-service orders up 33% GAAP gross margin of 32.9% Intelligent Edge division revenue up 18% to $965 million High Performance Computing & AI revenue down 14% to $862 million Compute revenue up 16% to $3.7 billion with 14.7% operating profit Storage revenue up...

Q4 Revenue and Margins improve YoY; Company Guides to Improved Profitability in 2023 Financial Summary Q4 2022 Revenue of $1.94 billion, up 9.2 percent year-over-year or up 13.9 percent in constant currency. GAAP earnings per share (EPS) of $0.74, up $4.71 year-over-year. Prior year Q4 GAAP EPS includes an after-tax non-cash goodwill impairment charge of $4.38 per share. Adjusted EPS of $0.89, up $0.55 year-over-year. Adjusted operating margin of 9.2 percent, up 440 basis points...

HP reports last quarter earnings Total revenue down 6% to $13.8 billion Printing division revenue down 3% to $4.418 billion Non-GAAP operating profit down to $836 million Operating margin of 18.9 Supplies revenue up 3% Total units (printers and MFPs) down 19% Consumer printing revenue down 21% Commercial printing revenue down 4% Personal Systems (PCs) division down 8.2% to $9.398 billion

Xerox reports on its last quarter’s earnings Total revenue down 10.6% to $1.77 billion GAAP net loss of $58 million Net income down $90 million to $56 million Operating margin down 380 basis points to 5.4% CEO Steve Bandrowczak announced that the company will be replacing direct sales with dealer-led distribution in certain markets Will “narrow focus and simplify product and service offerings” Office equipment division: E quipment sales down 17.2% to $454 million A4 hardware sales down 29.1%...

I put this into Chatgbt asked AI opinion. See below The provided information outlines a challenging financial performance for Xerox, with various key metrics indicating a decline. Here's a breakdown of the points: Total Revenue: Total revenue is down 10.6% to $1.77 billion. This suggests a significant reduction in the company's overall sales, which could be a cause for concern. GAAP Net Loss: Xerox reported a GAAP net loss of $58 million. A net loss is generally not favorable for investors...

Upland Software reports quarterly earnings Total revenue down 8% to $72.2 million Subscription and support revenue down 8% to $68.2 million GAAP net loss was $16 million (provider of solutions such as; Interfax, FileBound ECM, PlanetPress, etc.)