Xerox Corp. (XRX) Tops Q2 EPS by 22c

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Xerox Releases Second-Quarter Results

July 28, 2020 6:30 AM EDT

Financial Results

$34 million of operating cash flow from continuing operations, down $242 million year-over-year, and $15 million of free cash flow, down $245 million year-over-year Adjusted operating margin of 4.2 percent, down 820 basis points year-over-year $1.47 billion of revenue, a decrease of 35.3 percent year-over-year or 34.6 percent in constant currency GAAP earnings per share (EPS) from continuing operations of $0.11 per share, down $0.49 year-over-year, and adjusted EPS of $0.15, down $0.64 year-over-year

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