Jul 25, 2023
Xerox Releases Second-Quarter Results
Revenue of $1.75 billion, up 0.4 percent, or 0.5 percent in constant currency.
GAAP (loss) earnings per share (EPS) of $(0.41), down $0.36 year-over-year.
Adjusted EPS of $0.44, up $0.31 year-over-year.
Adjusted operating margin of 6.1 percent, up 410 basis points year-over-year.
Operating cash flow of $95 million, up $180 million year-over-year.
Free cash flow of $88 million, up $186 million year-over-year.
Increasing guidance for adjusted operating margin to a range of 5.5% to 6.0%, and free cash flow to at least $600 million.
Related Earnings Documents
Webcast and Multimedia
(PDF, 982 KB)
Xerox Q2 2023 Earnings Presentation
(PDF, 2 MB)
Xerox Q2 2023 Non-GAAP Measures
(PDF, 914 KB)
Xerox Q2 2023 Financial Model (
PDF, 264 KB
) or (
Excel, 4 MB
Xerox Q2 2023 Summary
(PDF, 129 KB)
Webcast Replay: Conference Call
Xerox Investor Relations