“This quarter we delivered improvements in EPS, adjusted operating margin and free cash flow largely underpinned by our enterprise-wide transformation initiative, Project Own It. These results have enabled us to increase planned investments for the second half of the year to support our revenue roadmap while maintaining our full-year guidance for EPS, adjusted operating margin and free cash flow,” said Xerox Vice Chairman and CEO John Visentin.
Xerox (NYSE: XRX) has acquired two new multi-brand dealers, Rabbit Office Automation (ROA) and Heritage Business Systems (HBS), to grow its presence in key markets: the San Francisco Bay area and the Delaware Valley, respectively.
HP Inc. (NYSE: HPQ) and Xerox Corporation (NYSE: XRX) today announced an expansion of the companies’ business relationship. Xerox will source from HP certain A4 and entry-level A3 products with the majority running on Xerox’s award-winning ConnectKey® controller software, and Xerox will supply toner to HP for these and other products.
“Our transformation initiatives are yielding results, which give us confidence to raise our full-year earnings guidance despite revenue declines. We are investing in our core business as well as new technologies that create value for our stakeholders and position us for long-term growth,” said Xerox Vice Chairman and CEO John Visentin.
Xerox (NYSE: XRX) announced today the appointment of Naresh Shanker as senior vice president, chief technology officer, effective May 6. He will report to John Visentin, vice chairman and CEO of Xerox, and will serve as a member of the company’s Executive Committee.
Xerox announced Anne Marie Squeo has joined the company as senior vice president, chief communications and brand officer, overseeing all aspects of global communications and marketing. In this newly created role, she reports to John Visentin, Vice Chairman and CEO of Xerox, and is a member of the company’s Executive Committee.
Xerox (NYSE: XRX) announced today that its board of directors declared a quarterly cash dividend of $0.25 per share on Xerox common stock. The dividend is payable on April 30, 2019 to shareholders of record on March 29, 2019.