Monday, December 22, 2014

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Xerox's First Quarter Earnings Remain Flat

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Rochester: Xerox's First Quarter Earnings Remain Flat
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Xerox released its first quarter earnings report Tuesday morning - and, overall, the numbers are flat.

The company reports revenue of $5.1 million, which is down two percent from last year.

Xerox reported income of $281 million. That's down from $296 million a year earlier.
Per-share earnings were flat at 23 cents due to fewer shares outstanding in the
latest period.

Company president Ursula Burns said gains were offset by higher-than anticipated investments in their government healthcare business. ClientIP:, UserAgent: CCBot/2.0 ( Profile: TWCSAMLSP