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Resilient demand and balanced execution drive growth in revenue and profits.
July 25, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Xerox Holdings Corporation announced its 2023 second-quarter results. Financial Summary Q2 2023 • Revenue of $1.75 billion, up 0.4%, or 0.5% in constant currency. • GAAP (loss) earnings per share (EPS) of $(0.41), down $0.36 year-over-year. • Adjusted EPS of $0.44, up $0.31 year-over-year. • Adjusted operating margin of 6.1%, up 410 basis points year-over-year. • Operating cash flow of $95 million, up $180 million year-over-year. • Free cash flow of $88 million, up $186 million year-ove...
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