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home / news releases / XRX - Xerox reports mixed Q2 earnings; raises FY23 outlook


XRX - Xerox reports mixed Q2 earnings; raises FY23 outlook

2023-07-25 06:36:45 ET

  • Xerox press release ( NASDAQ: XRX ): Q2 Non-GAAP EPS of $0.44 beats by $0.12 .
  • Revenue of $1.75B (0.4% Y/Y) or 0.5% in constant currency misses by $10M .
  • Operating cash flow of $95 million, up $180 million year-over-year.
  • Free cash flow of $88 million, up $186 million year-over-year.
  • Outlook: Increasing guidance for adjusted operating margin to a range of 5.5% to 6.0%, and free cash flow to at least $600 million.
  • Revenue: flat to down low-single-digits in constant currency.

For further details see:

Xerox reports mixed Q2 earnings; raises FY23 outlook
Stock Information

Company Name: Xerox Holdings Corporation
Stock Symbol: XRX
Market: NYSE
Website: xerox.com

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