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Total revenue of $2.57 billion is down 8.1% or 6.4% in constant currency year-over-year.
August 2, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Xerox announced its second-quarter 2017 financial results. The company delivered second-quarter 2017 GAAP earnings per share (EPS) from continuing operations of 63 cents, reflecting its one-for-four reverse stock split on June 14, 2017. Adjusted EPS was 87 cents, which excludes 24 cents per share of after-tax costs related to theamortization of intangibles, restructuring and related costs, and certain retirement related costs. Revenues were $2.57 billion in the quarter, down 8.1% or 6.4 perc...
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