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Xerox Releases Second-Quarter Results

Improving revenue trajectory and cost actions expected to drive profitability growth in second half

  • $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.

News Release

Second-Quarter Results
(PDF, 937 KB)

Related Earnings Documents

Xerox Q2 2022 Earnings Presentation (PDF, 1 MB) 

Xerox Q2 2022 Non-GAAP Measures(PDF, 510 KB) 

Xerox Q2 2022 Financial Model (PDF, 194 KB) or (Excel, 4 MB

Xerox Q2 2022 Summary(PDF, 126 KB) 

Webcast and Multimedia 

Webcast Replay: Conference Call

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