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