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 reports on a workplace technology business built around print, digital, software-enabled services, integrated IT infrastructure and hybrid-workplace solutions for enterprises, governments, graphic communications providers and channel partners. News about XRX commonly covers quarterly results, margin trends, revenue trajectory, cash flow, debt reduction and guidance.
Recurring developments also include the integration of Lexmark, board and executive leadership changes, dividends on common stock and Series A convertible perpetual preferred stock, warrant distributions tied to the capital structure, and financing or licensing actions involving Xerox intellectual property assets.
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 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 Holdings (NASDAQ: XRX) has scheduled a live audio webcast to discuss its 2025 first-quarter financial results on Thursday, May 1st, at 8:00 a.m. ET. The company will release its earnings report earlier that day at 6:30 a.m. ET.
The presentation will feature key executives including Steve Bandrowczak (CEO), John Bruno (President and COO), and Mirlanda Gecaj (CFO). The webcast will include online presentation slides and will be accessible through the company's media server.
Xerox has successfully closed its dual offering of senior secured notes: $400 million in 10.250% Senior Secured First Lien Notes due 2030 and $400 million in 13.500% Senior Secured Second Lien Notes due 2031. The First Lien Notes proceeds will be used to redeem Xerox's 5.000% Senior Notes due 2025 and pay related fees. The company has already redeemed $90 million of the 2025 Notes on April 11, 2025.
The Second Lien Notes proceeds will partially fund the Lexmark Acquisition, announced on December 22, 2024, and repay Lexmark's outstanding debt. These proceeds are held in escrow until the acquisition closes, with a special mandatory redemption provision if the deal isn't completed by December 22, 2025.
Xerox has successfully priced a total of $800 million in Senior Secured Notes, split into two offerings: $400 million of 10.250% First Lien Notes due 2030 and $400 million of 13.500% Second Lien Notes due 2031. The notes are expected to be issued on April 11, 2025.
The First Lien Notes' proceeds will be used to redeem $90 million of 5.000% Senior Notes due 2025 and repay $95 million of borrowings under the first lien senior secured term loan facility. The Second Lien Notes' proceeds will partially fund the previously announced Lexmark Acquisition and repay Lexmark's outstanding debt.