Xerox Corp. (XRX) Reports In-Line Q2 EPS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Xerox Releases Second-Quarter Results
July 26, 2022 6:30 AM EDTImproving revenue trajectory and cost actions expected to drive profitability growth in second half
Financial Summary
$1.75 billion of revenue, down 2.6 percent year-over-year or up 1.1 percent in constant currency. GAAP (loss) earnings per share (EPS) of $(0.05), down $0.51 year-over-year, and adjusted EPS of $0.13, down $0.34 year-over-year. Adjusted operating margin of 2.0 percent, down 500 basis points year-over-year. Operating cash flow use of $85 million, lower by $299 million year-over-year. Free cash flow use of $98 million, lower by $296 million year-over-year.NORWALK, Conn.--(BUSINESS... More
