Financial Summary

  • $1.76 billion of revenue, down 0.5 percent year-over-year or down 1.6 percent in constant currency.
  • GAAP earnings per share (EPS) of $0.48, up $0.07 year-over-year, and adjusted EPS of $0.48, flat year-over-year.
  • Adjusted operating margin of 4.2 percent, down 320 basis points year-over-year.
  • $100 million of operating cash flow, down $6 million year-over-year.
  • $81 million of free cash flow, down $7 million year-over-year.
  • Reduced FY21 revenue guidance to approximately $7.1 billion in actual currency ($7.0 billion in constant currency). Reaffirmed free cash flow guidance of at least $500 million.
  • Completed expected $500 million of buybacks for 2021; Board approves an additional $500 million share repurchase program to be used opportunistically.

News Release Related Earnings Documents Webcast and Multimedia
(PDF, 1.1MB)
(PDF, 555KB)
Xerox Q3 2021 Financial Model (PDF, 733KB) or (Excel, 4.4MB)
(PDF, 121KB)
(PDF, 330KB)