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Xerox Reports Strong Fourth-Quarter 2017 Results; Delivers on Full-Year Commitments

XEROX (XRX)  More Company Research Source: Business Wire
Last xerox earnings: 1/31 03:00 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
PDF Total revenue of $2.7 billion, up 0.5 percent or down 2.0 percent in constant currency year-over-year Equipment sale revenue up 4.3 percent or 1.5 percent in constant currency year-over-year Adjusted operating margin of 14.4 percent, up 0.2 points year-over-year Operating cash flow, both GAAP and adjusted, at high-end of guidance ranges Second-year savings from Strategic Transformation program above target Estimated non-cash charge of $400 million associated with the enactment of U.S. tax reform resulted in GAAP loss of 78 cents per share Adjusted EPS of $1.04, up 4 cents year-over-year Provides full-year 2018 GAAP EPS guidance of $2.30 to $2.50 and adjusted EPS of $3.50 to $3.70 NORWALK, Conn.--(BUSINESS WIRE)-- Xerox (NYSE: XRX) today announced its fourth-quarter 2017 fi [Read more]

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