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Xerox Loses Steam In Q1, Stock Dips

Xerox Holdings Corp (NASDAQ: XRX) reported a fiscal first-quarter 2024 sales decline of 12.4% year-on-year to $1.50 billion, missing the consensus of $1.53 billion. Revenues declined 13.2% at constant currency. Adjusted EPS of $0.06 missed the analyst consensus of $0.35. The stock price declined after the print. Equipment sales decreased by 25.8%, while post-sale revenue declined by 8.5%. Gross margin declined 480 basis points Y/Y to 29.5%. The equipment margin fell by 550 bps to 31.0%. The post ....

Steve Bandrowczak , Wikimedia Commons , Proshares Trust Metaverse , Xerox Holdings Corp , Direxion Work From Home , Stock Market Game , Benzinga Pro , Day Trial , Stock Dips ,

Double-digit drop at Xerox | OPI - Office Products International

Print giant Xerox has reported its Q1 earnings, with the top line falling by more than 13% in constant currencies. Q1 2024 revenue at Xerox was $1.5 billion, $213 million lower than the same quarter last year. Equipment sales slid by more than 26% to $290 million as all device classes fell steeply, while post-sale ....

Production Print , Financial Results , North America , It Amp Eos ,

New OU Regents Chair Eric Stevenson aims to support alma mater through looming transitions

This story is part of OU Daily’s summer magazine. This publication will be available in mid-April on racks around campus and online at oudaily.com. ....

United States , Cameron University , Copeland Hall , Price College , Bobj Ross , Sherad Cravens , Daniel Pullin , Ron Desantis , Anita Holloway , Steve Cesler , Melvin Hall , Natalie Shirley , Alpha Phi , Joseph Harroz Jr , Donald Trump , Eric Stevenson , Ada Lois Sipuel Fisher , Kevin Stitt , Todd Chandler , Rick Nagel , Northwestern University Kellogg School Of Management , Retirement Solutions , Wagoner High School , Division Of Access , Stevenson At Cate Center , Rogers State University ,

Why Xerox Stock Fell 14.5% on Tuesday Morning

Xerox struggles with an earnings miss amid ambitious cost-cutting. What's next for the printing and documents management company? ....

United States , John Bruno , Xavier Heiss , Wall Street ,

Stocks This Week: Sell IBM Short And Buy Xerox

The current market correction is due for a short bounce to the upside beginning near the 25th. Here are a pair of stocks that are likely to move. ....