Xerox Releases 3Q Results
October 30, 2024
October 30, 2024
NORWALK, Connecticut, Oct. 30 -- Xerox issued the following news release:
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Reinvention drives increased profitability despite a challenging quarter for equipment sales; pending acquisition of ITsavvy to improve revenue mix from higher growth businesses
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Q3 2024
* Revenue of $1.53 billion, down 7.5 percent, or 7.3 percent in constant currency.
* GAAP net (loss) of $(1.2) billion, or $(9.71) per share, a decre . . .
* * *
Reinvention drives increased profitability despite a challenging quarter for equipment sales; pending acquisition of ITsavvy to improve revenue mix from higher growth businesses
* * *
Q3 2024
* Revenue of $1.53 billion, down 7.5 percent, or 7.3 percent in constant currency.
* GAAP net (loss) of $(1.2) billion, or $(9.71) per share, a decre . . .