XRX - Xerox Non-GAAP EPS of $0.49 beats by $0.32 revenue of $1.72B misses by $10M
2023-04-25 06:37:11 ET
- Xerox press release ( NASDAQ: XRX ): Q1 Non-GAAP EPS of $0.49 beats by $0.32 .
- Revenue of $1.72B (+3.0% Y/Y) misses by $10M .
- Adjusted operating margin of 6.9 percent, up 710 basis points year-over-year.
- Operating cash flow of $78 million, up $12 million year-over-year.
- Free cash flow of $70 million, up $20 million year-over-year.
-
2023 Guidance : Revenue growth: flat to down low-single-digits in constant currency vs. consensus of $6.98B.
-
Adjusted Operating Margin: 5.0% to 5.5%
-
Free cash flow: at least $500 million
For further details see:
Xerox Non-GAAP EPS of $0.49 beats by $0.32, revenue of $1.72B misses by $10M