Xerox Corp. (XRX) Misses Q1 EPS by 1c

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Xerox Reports First-Quarter 2017 Earnings

April 25, 2017 6:45 AM EDT

GAAP EPS from continuing operations of 2 cents, adjusted EPS of 15 cents; includes 3 cent charge related to Fuji Xerox matter Total revenue of $2.45 billion, down 6.2% or 4.3% in constant currency year-over-year Adjusted operating margin of 11.4 percent, up 0.9 points year-over-year Operating cash flow of $190 million from continuing operations, up $103 million from the same period in 2016 Announced largest product launch in companys history, delivering new technology to transform the workplace

NORWALK, Conn.--(BUSINESS WIRE)--... More