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Tagged With "Fourth-Quarter"

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Xerox Releases Third-Quarter Results

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Xerox Releases Third-Quarter Results Financial Results $106 million of operating cash flow from continuing operations, down $242 million year-over-year and up $72 million from the second quarter $88 million of free cash flow, down $243 million year-over-year and up $73 million from the second quarter Adjusted operating margin of 7.4 percent, down 460 basis points year-over-year and up 320 basis points from the second quarter $1.77 billion of revenue, down 18.9 percent year-over-year or 19.7...
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Xerox Releases First-Quarter Results

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Company sees improving page volumes and record backlog; profits impacted by rising costs Financial Summary $1.67 billion of revenue, down 2.5 percent year-over-year or 0.7 percent in constant currency. GAAP (loss) earnings per share (EPS) of $(0.38), down $0.56 year-over-year, and adjusted (loss) per share of $(0.12), down $0.34 year-over-year. Pre-tax margin of (5.3) percent, down 840 basis points, and adjusted operating margin of (0.2) percent, down 540 basis points year-over-year. $66...
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Xerox Releases Fourth-Quarter and Full-Year Results

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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...
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Xerox Releases Second-Quarter Results

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Norwalk, Conn. — Financial Summary Q2 2023 Revenue of $1.75 billion, up 0.4 percent, or 0.5 percent in constant currency. GAAP (loss) earnings per share (EPS) of $(0.41), down $0.36 year-over-year. Adjusted EPS of $0.44, up $0.31 year-over-year. Adjusted operating margin of 6.1 percent, up 410 basis points year-over-year. Operating cash flow of $95 million, up $180 million year-over-year. Free cash flow of $88 million, up $186 million year-over-year. Increasing guidance for adjusted...
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Xerox Releases Fourth-Quarter and Full-Year Results

Art Post ·
Xerox Releases Fourth-Quarter and Full-Year Results January 25, 2024 PDF Version Achieved adjusted operating margin and free cash flow guidance in 2023; Guiding to another year of meaningful growth in adjusted operating income Financial Summary Q4 2023 Revenue of $1.77 billion, down 9.1 percent year-over-year or down 10.6 percent in constant currency. GAAP net loss of $(58) million, or $(0.50) per share, down $179 million or $1.24 per share, year-over-year, respectively. This quarter...
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