Xerox Holdings Corp Stock Price, News & Analysis

Xerox Holdings Corporation (NASDAQ: XRX) has declared its quarterly dividend payments for both common and preferred stockholders. Common stock shareholders will receive a dividend of $0.025 per share, payable on October 31, 2025, to shareholders of record as of September 30, 2025.

Additionally, holders of the Series A Convertible Perpetual Preferred Stock will receive a quarterly dividend of $20.00 per share, payable on October 1, 2025, to shareholders of record as of September 15, 2025.

Xerox (NASDAQ: XRX) has announced a strategic partnership with Kyocera Document Solutions to re-enter the cut-sheet inkjet (CSIJ) market. Through this collaboration, Xerox will source Kyocera's high-speed cut-sheet inkjet production presses and integrate them with the Xerox Production Ecosystem, including FreeFlow® Workflow Automation Software, finishing, and remote service capabilities.

The partnership aligns with Xerox's strategy to expand into higher-value growth segments, with global CSIJ product installations projected to grow at over 13% CAGR between 2025-2030. The new presses will be branded under the Xerox name and enhanced with Xerox-developed software, integration, and service capabilities, with specific model details to be announced later in the year.

Xerox (NASDAQ: XRX) reported Q2 2025 results, with revenue of $1.58 billion, showing a slight decline of 0.1% year-over-year. The company posted a GAAP net loss of $(106) million, or $(0.87) per share, down significantly from the previous year. The adjusted operating margin decreased to 3.7%, down 170 basis points year-over-year.

The quarter was marked by the completion of the Lexmark acquisition, a strategic milestone in Xerox's Reinvention initiative. While the Print segment saw an 8.6% decline, IT Solutions showed strong growth of 153.6%. The company updated its 2025 guidance, projecting 16-17% revenue growth in constant currency and adjusted operating margin around 4.5%, including Lexmark's financial impact and anticipated tariff-related expenses.

Xerox Holdings Corporation (NASDAQ: XRX) has announced it will host a live webcast to discuss its 2025 second-quarter results on Thursday, July 31st, at 8:00 a.m. ET. The company will release its financial results earlier that morning at 6:30 a.m. ET.

The presentation will feature key executives including CEO Steve Bandrowczak, President and COO John Bruno, and CFO Mirlanda Gecaj. Investors and interested parties can access the webcast through the provided media server link.

Xerox (NASDAQ: XRX) has announced significant enhancements to its production printing solutions. The PrimeLink B9100 Series updates include new dual two-tray oversized high-capacity feeders, IPDS support via the EX B9100 Series Print Server, and an optional Job Vitals Light system for status monitoring.

The company also unveiled updates to its FreeFlow Workflow Software, featuring the PowerSplit Accelerator for improved job processing and enhanced Vision Connect capabilities with customizable data reporting and predictive monitoring.

Additionally, Xerox announced its 2025 Best of the Best Awards for Print, accepting submissions until September 19th, 2025, with winners to be announced at Printing United on October 23rd, 2025.

Xerox Holdings Corporation (NASDAQ: XRX) has completed the acquisition of Lexmark International, Inc. in a transaction valued at $1.5 billion, including net debt and assumed liabilities. The strategic combination creates a powerhouse in the printing industry, serving over 200,000 clients across 170 countries with 125 manufacturing and distribution facilities in 16 countries.

Under the leadership of CEO Steve Bandrowczak, the unified organization positions Xerox among the top five companies in every major print segment and establishes market leadership in managed print services. The company expects the acquisition to be accretive to 2025 adjusted earnings per share and free cash flow, with anticipated cost synergies of $240 million, contributing over $1 per share in additional adjusted EPS accretion by the end of the second year post-closing.

The transaction was financed through a combination of cash on hand and debt financing. Allen Waugerman will step down as Lexmark's president and CEO, while Bandrowczak will lead an executive team comprised of leaders from both companies.

Xerox (XRX) has announced a significant update to its dividend policy ahead of its Lexmark acquisition. The company is reducing its quarterly dividend to $0.025 per share ($0.10 annually), payable on July 31, 2025. This reduction reflects the company's priority to reduce debt post-acquisition, especially given rising yields on Xerox debt and increased cost of capital. The company reaffirms its 2025 guidance with expected low single-digit revenue growth and projects synergies of at least $238 million from the Lexmark deal within two years. The transaction is expected to be immediately accretive to adjusted earnings and free cash flow. Xerox aims to achieve a 3x gross debt leverage level and will reassess capital allocation, including shareholder returns, as leverage decreases.

Xerox Holdings Corporation (NASDAQ: XRX) has announced key leadership appointments following its $1.5 billion acquisition of Lexmark International. Two Lexmark executives will join Xerox's Executive Committee upon deal closure: Billy Spears as Chief Product Development & Delivery Officer and Chuck Butler as Chief Business Services Officer. Additionally, Kim Kleps has been appointed as Xerox Chief People Officer, effective immediately.

The acquisition is expected to close in Q3 2025, subject to regulatory approvals. The combined entity will serve over 200,000 clients across 170+ countries, integrating Lexmark's imaging solutions with Xerox's portfolio of print, digital, and IT services. The merger aims to drive operational efficiencies and create new growth opportunities.

Xerox (XRX) reported Q1 2025 results showing mixed performance. Revenue declined 3.0% to $1.46 billion, with a GAAP net loss of $(90) million or $(0.75) per share, an improvement of $23 million year-over-year. The company's adjusted operating margin was 1.5%, down 70 basis points, while operating cash flow was $(89) million. Key segment performance showed Print and Other revenue declining 9.4% to $1.29 billion, while IT Solutions revenue grew significantly by 121.6% to $164 million, driven by the successful integration of ITsavvy. Despite macroeconomic uncertainties, Xerox maintained its 2025 guidance, projecting low single-digit revenue growth and adjusted operating margin of at least 5.0%. The company faces challenges from trade policy uncertainty but reports that Reinvention initiatives are delivering improved operating predictability and sales momentum. Free cash flow guidance for 2025 is set at $350-400 million, excluding potential impacts from the pending Lexmark acquisition.