Xerox Holdings Corp. reported a fourth-quarter FY21 sales decline of 7.9 percent year-on-year, to $1.78 billion, missing the consensus of $1.82 billion. Adjusted EPS of $0.34 beat the consensus of $0.33. Equipment sales declined 24.7 percent Y/Y, while Post sale revenue decreased 1.9 percent Y/Y. Sales in the Americas declined 9.3 percent Y/Y, and EMEA decreased…
Xerox Registers 7.9 Percent Revenue Decline in Q4; Sees Top-Line Growth in FY22
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