Investor Relations

This is the third in a series of Innovation Spotlight Reports that provide deep dives into Xerox's investments in disruptive technologies across software, augmented reality (AR), artificial intelligence (AI), additive manufacturing, industrial Internet of things (IIoT), and cleantech. In this report, we feature Xerox’s predictive maintenance (PdM) business, Novity, which predicts equipment failures with 90 percent or better accuracy rates, well above the industry standard.

“Revenue this quarter was in line with expectations despite an increasingly volatile operating environment,” said Xerox Vice Chairman and CEO John Visentin. “Underlying demand for our products and services remains strong, as indicated by our growing backlog and growth in post-sale revenue. Broad-based inflationary pressure and increased logistics costs from supply chain disruption resulted in an operating loss, but we expect to offset most of these cost increases over time with price actions and additional Project Own It savings. We remain focused on executing the strategic roadmap and are committed to monetizing our investments in new businesses in ways that maximize shareholder value.”

February 2022 – Xerox Holdings Corporation hosted an Investor Day at the Nasdaq Marketsite in New York, New York to share plans for creating long-term shareholder value, including strategies to grow the Print & Services business and specific growth and commercialization strategies for new businesses and innovations. Xerox also provided a long-range financial forecast for each of its businesses, encompassing plans for growth in print and beyond.
 
Click here to access the Investor Day webcast recording and presentation.