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Xerox Releases 2Q 2024 Results

Reinvention drives sequential operating and financial improvements in Q2 2024.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Xerox Holdings Corporation announced its 2024 second-quarter results. Xerox reported revenue of $1.58 billion, down 10%, or 9.6% in constant currency, and GAAP net income of $18 million, or $0.11 per share, up $79 million or $0.52 per share, year-over-year, respectively. Adjusted net income was $41 million, or $0.29 per share, down $31 million or $0.15 per share, year-over-year, respectively. Operating cash flow was $123 million, up $28 million year-over-year. Free cash flow of $115 mill...

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