Xerox Corp. (XRX) Tops Q2 EPS by 9c

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Xerox Releases Second-Quarter Results

July 27, 2021 6:30 AM EDT

Company reports higher revenue, EPS and free cash flow while increasing investments in targeted growth areas

Financial Summary

$1.79 billion of revenue, up 22.4 percent year-over-year or 18.1 percent in constant currency. GAAP earnings per share (EPS) of $0.46, up $0.35 year-over-year, and adjusted EPS of $0.47, up $0.32 year-over-year. Adjusted operating margin of 7.0 percent, up 280 basis points year-over-year. $214 million of operating cash flow, up $180 million year-over-year. $198 million of free cash flow, up $183 million year-over-year.

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