Xerox Holdings Reports Q1 Loss, Revenues Miss Estimates

Xerox Holdings Corporation (XRX) reported a first-quarter 2025 loss of six cents per share compared with the Zacks Consensus Estimate of a loss of 5 cents and the year-ago earnings of 6 cents.Revenues of $1.46 billion missed the Zacks Consensus Estimate by 3.2% and decreased 3% year over year on a reported basis. Revenues declined 1.1% on a constant-currency (CC) basis.The company’s shares have depreciated 67.6% over the past year compared with the Office Supplies industry’s 47.5% decline.Q1 Revenue Details ...