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Stock impact report

Xerox Releases First-Quarter Results

Xerox Holdings Corporation (XRX) 
Last xerox holdings corporation earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: news.xerox.com/investors
Company Research Source: Business Wire
Financial Results$173 million of operating cash flow from continuing operations, down $49 million year-over-year, and $150 million of free cash flow, down $57 million year-over-yearAdjusted operating margin of 4.7 percent, down 630 basis points year-over-year$1.86 billion of revenue, a decrease of 14.7 percent year-over-year or 13.9 percent in constant currencyGAAP loss from continuing operations of $(0.03) per share, down $0.37 year-over-year, and adjusted earnings per share (EPS) of $0.21, down $0.45 year-over-yearWithdraws 2020 financial guidance due to economic uncertainty caused by COVID-19 NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NYSE: XRX) announced its first-quarter 2020 financial results.“During this unprecedented time, we are committed to doing everything in our power to protect our employees, customers, partners and society, because we all have a critical role to play battling the COVID-19 pandemic,” said Xerox Vice Chairman and CEO John Visentin. “Wh Show less Read more
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