Xerox Posts $US 2 Billion Revenue Loss

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Xerox Posts $US 2 Revenue Loss During COVID19

Reported on Wide Format Online
Full year 2020 revenue was $7 Billion
Full year 2019 revenue was $9.1 Billion
22.5% loss in revenue
Expect to return to growth in 2021
Still delivered positive earnings per share
Restructure it's software offerings in 2021
Will establish a $250 million corporate venture capital fund for investment with start-ups, early & mid-stage growth companies

1/27/218:16 PM

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Xerox Posts $US 2 Revenue Loss During COVID19

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