Flexible Electronics News

Xerox Releases 4Q, Full Year Results

Company looks to stand up PARC, other businesses.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Xerox Holdings Corporation had a solid year in 2020, as it reported 2020 fourth-quarter and full-year results and guidance for 2021.   Xerox reported $1.93 billion in revenue in Q4 2020, which was an increase of 9.2% compared to Q3 and down 21% year over year. For the full year, Xerox had $7.022 billion of revenue, down 22.5% year over year.   The company reported $221 million of free cash flow in Q4, up $133 million from Q3 and down $160 million year over year. For all of 2020, the comp...

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