) recently announced that its Xerox DocuMate 4790 has been
selected by Compuchannel - a leading online publication in Latin
America - for a Channel Award in the best professional scanner
category. The Xerox DocuMate 4790 scanner is priced at $5,995 and
is available through major retailers and online channel partners.
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More than 1,500 products of different brands were nominated for
various computer hardware categories and were evaluated on
scanning speed, scan methodologies, duplex capability, optical
resolution, maximum paper size, document type and warranty. Amid
the challenging environment and competition, the award is
recognition of the technology and services provided by the
Xerox DocuMate 4790 scanner makes the distribution in the office
environment a lot easier as it scans up to 90 pages in a minute
and also has the VisioneerOneTouch scanning technology, which
further reduces the complexities of scan jobs and workflows. The
fast document scanners handle mixed paper in sizes and reduce
document loss and misfiling. Xerox scanners are in high demand
and have registered robust year-over-year growth of 300% in 2012.
Xerox is expected to release its fourth-quarter 2012 results on
January 24, 2013. The Zacks Consensus Estimate for the company's
fourth quarter is currently pegged at 28 cents per share.
Earlier, in the last reported quarter, Xerox reported adjusted
earnings (excluding special items) of 25 cents per share, in line
with the Zacks Consensus Estimate.
Headquartered in Norwalk, Connecticut, Xerox is a leader in the
development, manufacture, marketing, servicing and financing of
document equipment across the world.
Xerox currently has a Zacks Rank #4 (Sell) and a long-term
Neutral recommendation. One of its competitors,
) carries a Zacks Rank #3 (Hold).