Latest Quarterly Earnings Reports and Updated Forecasts
This article summarizes office-imaging companies’ latest quarterly financial results and updated fiscal-year forecasts.
Tagged: Xerox
This Week in Imaging: Will Fujifilm Business Innovation Try Where Others Have Succeeded?
Next spring, we may see something we’ve never seen before in the office-imaging world: Fuji Xerox – now rebranded as......
More Vendors Offering Work-from-Home Bundles
In the last several months, the COVID-19 pandemic and lockdowns have resulted in hundreds of thousands, if not millions, of......
Xerox Enhances Commercial-Print Portfolio with New Baltoro Color Accelerator, New Presses, and Other Upgrades
Among the new introductions are two new Versant presses that support wider media options and add automation features that reduce staffing needs and set-up time.
This Week in Imaging: New HP Supplies-Only Printers May Benefit From Work-at-Home
HP+ may appeal to enterprises that are supplying and managing printers for at-home-workers for several reasons.
IDC: Western European Printer/MFP Market Increased Year-over-Year for First Time in Over Three Years
According to research by International Data Corporation (IDC), the Western European printer and MFP market unsurprisingly increased by 12.9 percent......
Investor Carl Icahn Increases Stake in Xerox
A regulatory filing with the U.S. Securities and Exchange Commission indicates that billionaire activist investor Carl Icahn has raised his......
This Week in Imaging: Canon’s Inkjet-Printer Sales Boom
The long-term effect of Canon’s boom in inkjet-printer sales may be in getting users to accept inkjet versus laser, which also helps inkjet companies such as HP Inc. and Epson.
Xerox Anticipating Return to Pre-COVID-19 Revenue Levels in 2021
In its third-quarter 2020 earnings call held earlier this week, Xerox executives discussed the company’s third-quarter financial results, as well......
Xerox’s Third-Quarter Revenues, Earnings Increase Versus Second Quarter
Xerox noted that as more businesses re-opened in the third quarter, it saw print volumes and printer demand increase compared to the second quarter.
Xerox Publishes Corporate Sustainability Report
This year, the report highlights Xerox’s work to combat COVID-19, including its production of low-cost disposable ventilators and hospital-grade sanitizer.
Fourth Vendor Withdraws from drupa Commercial-Production Print Trade Show
A third vendor has withdrawn from exhibiting at the drupa 2021 trade show taking place in Dusseldorf, Germany, in April......
Fitch Affirms Xerox Rating, But Forecasts Minimal Revenue Improvement
“Xerox’s core business may not recover from the coronavirus pandemic,” the agency stated, noting that Xerox revenues have averaged a 6-percent decline over the past two and a half years before plunging 35 percent in second-quarter 2020.
Moody’s Issues Latest Investment Rating for Xerox
On September 29th, Moody’s Investors Service reported that it’s completed a periodic review of its investment ratings for Xerox Holdings.......
This Week in Imaging: The Dawn of Enterprise A4 Printers, MFPs for WFH
While many workers only require basic printing, others require copy, scan, and fax, as well as more enterprise-level features such as print-from and scan-to the cloud, OCR, and integration with workflow solutions.
Xerox Chief Financial Officer Steps Down
Xavier Heiss, a 32-year company veteran, will serve as interim CFO while the company conducts a search, both internally and externally, for a permanent successor.
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