Sunday, September 21, 2014

Follow us:
Follow us on Facebook Follow us on Twitter Subscribe to this news feed 

News

Finger Lakes

Xerox's First Quarter Earnings Remain Flat

  • Text size: + -
Rochester: Xerox's First Quarter Earnings Remain Flat
Play now

Time Warner Cable video customers:
Sign in with your TWC ID to access our video clips.

  To view our videos, you need to
enable JavaScript. Learn how.
install Adobe Flash 9 or above. Install now.

Then come back here and refresh the page.

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.

10.11.12.244 ClientIP: 54.161.166.171, 23.3.13.181 UserAgent: CCBot/2.0 (http://commoncrawl.org/faq/) Profile: TWCSAMLSP