EXHIBIT 99.1 News from Xerox Holdings Corporation Xerox Releases Second-Quarter Results Reinvention drives sequential operating and financial improvements in Q2; Company revises full-year outlook, reiterates three-year adjusted operating income improvement target Financial Summary Q2 2024 • Revenue of $1.58 billion, down 10 percent, or 9.6 percent in constant currency. • GAAP net income of $18 million, or $0.11 per share, up $79 million or $0.52 per share, year-over-year, respectively. • Adjusted net income ...

Xerox Holdings Corporation (XRX) is currently banking on "Project Own It" and a post-sale-driven business model in its endeavor for a strong top and bottom-line performance.The company’s earnings are anticipated to register growth of 12.6% and 10.7% in 2024 and 2025, respectively.Factors That Bode WellXerox is expanding its presence in small and mid-sized markets, particularly in the United States, U.K., and Canada, through Xerox Business Solutions and acquiring dealers and IT services providers globally. T ...

It has been about a month since the last earnings report for Xerox Holdings Corporation (XRX) . Shares have lost about 3.1% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Xerox due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Xerox Misses Q1 Earnings EstimatesXero ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to XEROX HOLDINGS CORPORATION XEROX CORPORATION (Exact Name of Registrant as specified in its charter) (State or other jurisdiction of incorporation or organiza ...

Xerox Holdings Corporation (XRX) reported dismal first-quarter 2024 results, wherein both earnings and revenues missed the Zacks Consensus Estimate.The discouraging numbers caused the stock to decline 2.6% since the company’s earnings release on Apr 23. Xerox had depreciated 21.5% year to date against the 0.4% growth of the industry it belongs to.First quarter adjusted EPS of 6 cents missed the Zacks Consensus Estimate by 84.2% and declined more than 87.8%% year over year. Total revenues of $1.5 billion mis ...

Xerox struggles with an earnings miss amid ambitious cost-cutting. What's next for the printing and documents management company?Shares of Xerox (XRX -11.11%) fell hard on Tuesday morning after a disappointing earnings report. The specialist in printing and digital document management solutions had recovered somewhat to a 10.6% price drop by 11 a.m. ET today, but it's still a hard hit.Xerox by the numbersThere's a lot to unpack in this report, but let's start with the basic financial figures.Your average Wa ...

Xerox Holdings Corporation (NASDAQ:XRX) Q1 2024 Earnings Conference Call April 23, 2024 8:00 AM ET Company Participants David Beckel - VP, IR Steve Bandrowczak - CEO John Bruno - President and COO Xavier Heiss - EVP and CFO Conference Call Participants Ananda Baruah - Loop Capital Samik Chatterjee - JPMorgan Erik Woodring - Morgan Stanley Operator Thank you for standing by. Welcome to the Xerox Holdings Corporation's First Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this pr ...

The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Xerox Holdings presently has an excellent rank, in the top 25% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.But making Xerox Holdings an even more inter ...

Xerox Holdings Corporation (XRX) reported $1.5 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 12.4%. EPS of $0.06 for the same period compares to $0.49 a year ago.The reported revenue represents a surprise of -4.80% over the Zacks Consensus Estimate of $1.58 billion. With the consensus EPS estimate being $0.38, the EPS surprise was -84.21%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

EXHIBIT 99.1 News from Xerox Holdings Corporation Xerox Releases First-Quarter Results Implemented comprehensive changes to operating model; on track to meet Reinvention targets despite a challenging first quarter Financial Summary Q1 2024 • Revenue of $1.50 billion, down 12.4 percent, or 13.2 percent in constant currency. • GAAP net loss of $(113) million, or $(0.94) per share, a decrease of $184 million or $1.37 per share, year-over-year, respectively. This quarter includes after-tax Project Reinvention r ...