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Total revenue of $4.4 billion, down 4% year-over-year.
August 1, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Xerox announced its second-quarter financial results and reiterated its full-year adjusted earnings guidance. The company reported significant progress on its plan to separate into two independent, Fortune 500-scale, publicly traded companies by year-end and on its strategic transformation program. Second-quarter total revenue of $4.4 billion was down 4% year-over-year in actual and constant currency. Operating margin of 9.3% was up 0.8%age points from the same quarter a year ago. Gross marg...
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