(RTTNews) - Xerox (XRX) posted a second-quarter GAAP net loss of $106 million, or $0.87 per share, compared to net income of $18 million or $0.11 per share, a year ago. Adjusted net loss was $77 million, or $0.64 per share, for the quarter. Analysts on average expected the company to report profit per share of $0.07, for the quarter. Analysts' estimates typically exclude special items. Revenue was $1.58 billion, down 0.1 percent, and 1.1 percent in constant currency.
For 2025, the company expects revenue growth of 16-17% in constant currency.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
