Welcome to our dedicated page for Xerox Holdings news (Ticker: XRX), a resource for investors and traders seeking the latest updates and insights on Xerox Holdings stock.
Xerox Holdings Corporation (XRX) drives innovation in document technology and business process optimization through its advanced printing solutions and enterprise services. This dedicated news hub provides investors and industry professionals with essential updates on corporate developments shaping the future of workplace productivity.
Access real-time announcements including quarterly earnings disclosures, strategic partnership agreements, and technology innovation milestones. Our curated collection simplifies tracking of XRX's progress in digital transformation initiatives and market expansion efforts across global business sectors.
Explore verified updates spanning product launches, executive leadership changes, and operational enhancements in managed print services. The repository serves as a centralized source for understanding how Xerox integrates hardware expertise with digital workflow solutions to maintain industry leadership.
Bookmark this page for streamlined monitoring of XRX's business trajectory, including developments in printed electronics and intelligent automation systems. Return regularly to stay informed about critical updates affecting enterprise imaging solutions and corporate strategy.
Xerox Holdings Corporation (NASDAQ: XRX) reported third-quarter 2021 revenues of $1.76 billion, a 0.5% decline year-over-year, and a 1.6% decline in constant currency. GAAP earnings per share rose to $0.48, up 17.1% from the previous year, while adjusted EPS remained flat at $0.48. Operating cash flow decreased by $6 million to $100 million, and free cash flow dropped by $7 million to $81 million. The company reduced its full-year revenue guidance to approximately $7.1 billion but reaffirmed its free cash flow guidance of at least $500 million.
Xerox Holdings Corporation (NASDAQ: XRX) announced a quarterly dividend of $0.25 per share on its common stock, payable on January 31, 2022, to shareholders of record on December 31, 2021. Additionally, the board declared a dividend of $20 per share on the Series A Convertible Perpetual Preferred Stock, payable on January 1, 2022, to shareholders of record on December 15, 2021.
Xerox Holdings Corporation (NASDAQ: XRX) has published its 2021 Global Corporate Social Responsibility (CSR) Report, which includes a roadmap to achieve net zero emissions by 2040, accelerated by 10 years. The report highlights accomplishments such as achieving 100% ENERGY STAR® registration for eligible products and collaborating with the U.S. Department of Energy to reduce HVAC energy consumption by up to 80%. Xerox also increased board diversity to 40% and supported COVID-19 response efforts. The report is prepared under GRI standards and details Xerox’s commitment to environmental and societal improvement.
Xerox Holdings Corporation (NASDAQ: XRX) is set to host a live audio webcast on Tuesday, Oct. 26, 2021, at 8 a.m. ET to discuss its 2021 third-quarter results and guidance. A news release will be available at 6:30 a.m. ET the same day. The discussion will feature John Visentin, vice chairman and CEO, and Xavier Heiss, CFO. Investors can access the webcast online and a replay will be available after the event.
Xerox has announced the acquisition of Competitive Computing (C2), further expanding its IT services business. C2, recognized for its quality IT services in Vermont, caters to clients in New England and nationwide. This strategic move aims to enhance Xerox's capabilities in offering automation, digitization, and security solutions, ultimately lowering operational costs and boosting productivity for small and medium-sized businesses. The global IT services market is valued at over $350 billion annually, indicating strong growth potential.
Xerox Holdings Corporation (NYSE:XRX) has promoted Deena LaMarque Piquion to Chief Marketing Officer. With 20 years of expertise, Piquion previously served as Senior VP and General Manager of Latin America Operations. In her new role, she will enhance revenue generation and brand awareness as part of Xerox's Executive Committee. Piquion's background includes leading a $1 billion region at Tech Data. She aims to boost market awareness of Xerox's innovative solutions in digital transformation, 3D printing, and augmented reality as the company seeks accelerated growth.
Xerox Holdings Corporation announced the transfer of its common stock listing from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market, effective September 21. The company will retain its ticker symbol 'XRX'. Xerox is focusing on enhancing its services, software, and innovation to address significant industrial challenges, including digital transformation and robotic process automation. CEO John Visentin emphasized the company's commitment to innovation and thanked the NYSE for its long-standing partnership. This strategic move aims to create more value for stakeholders.
Xerox Holdings Corporation (NYSE: XRX) will participate in two significant investor events this September. The first is a 3D printing Q&A session at the Rapid + TCT Conference in Chicago on September 13, 2021, featuring executives like Naresh Shanker and Tali Rosman. The second event is Citi's 2021 Global Technology Virtual Conference on September 15, 2021, with CEO John Visentin among the presenters. Attendees can access the events online via Xerox's investor relations webpage.
Xerox Holdings Corporation (NYSE: XRX) has announced the formation of CareAR, consolidating three key services under a $700 million post-money valuation. The newly formed CareAR received a $10 million investment from ServiceNow, enhancing its service experience management platform. CareAR will integrate augmented reality with digital workflows to improve service delivery, reduce operational costs, and support sustainability goals. It aims to address workforce challenges and enhance customer outcomes, led by Steve Bandrowczak and Sam Waicberg.
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