Xerox's 4Q24 earnings show continued revenue decline, with core print demand shrinking and organic revenue still negative, reaffirming my sell rating. Despite cost-cutting and acquisitions, margins remain under pressure, with gross margin falling and adj EBIT margin barely stabilizing. The Lexmark acquisition, funded by new debt, adds risk without addressing the structural decline in print demand.
Xerox Holdings (XRX -7.62%) shares tumbled 11.7% through 10:25 a.m. ET Tuesday after the company missed analyst forecasts for quarterly earnings but beat on sales.
Xerox Holdings Corporation (NASDAQ:XRX ) Q4 2024 Earnings Conference Call January 28, 2025 8:00 AM ET Company Participants David Beckel - VP, IR Steve Bandrowczak - CEO John Bruno - President and COO Mirlanda Gecaj - Incoming CFO Conference Call Participants Ananda Baruah - Loop Capital Samik Chatterjee - JPMorgan Erik Woodring - Morgan Stanley Operator Thank you for standing by, and welcome to...
NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) today announced its 2024 fourth-quarter and full-year results and guidance for 2025. “2024 was a critical year as we implemented a new operating model and structural process improvements to position Xerox for long-term, sustainable growth,” said Steve Bandrowczak, chief executive officer at Xerox. “We continue to see stea...
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of Xerox Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the “Class Period”). According to the lawsuit, Xerox offers workplace technology that integrates hardware, service...
NORWALK, Conn.--(BUSINESS WIRE)--Xerox Holdings Corporation (NASDAQ: XRX) will host a live audio webcast at 8 a.m. ET on Tuesday, January 28th, to discuss the company's 2024 fourth-quarter and full-year results. A news release containing this information will be issued earlier that day at 6:30 a.m. ET. WHEN: 8 a.m. ET, Tuesday, January 28th, 2025 WHAT: Review of Xerox's 2024 fourth-quarter and ...
NEW YORK , Jan. 20, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Xerox Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the "Class Period"), of the important January 21, 2025 lead plaintiff deadline. So what: If you purchased Xerox securities during the Class Period you ma...
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.