This Week in Imaging: Xerox Discusses Financial Results and Strategy
This week saw another quarter of year-over-year revenue decline for Xerox, and the firm lowered its revenue guidance for its......
This week saw another quarter of year-over-year revenue decline for Xerox, and the firm lowered its revenue guidance for its......
Company continues to be hampered by Inflation and supply-chain constraints, although equipment revenue sees small improvement.
As part of the company’s goal to reach net zero emissions by 2040, Xerox implemented climate change awareness training for all employees worldwide.
“After four years of fast-paced hardware and software development, Xerox has made the unfortunate decision to cease all new development and sales…”
“Given ongoing inflationary pressures encumbering nearly every industry, we are focused on evolving our operations to directly improve customer outcomes.”
Xerox today announced a new partnership with LinkSquares to provide contract life-cycle management…
Eloque was said to be part of Xerox’s broader entry into the Internet of Things (IoT) industrial market.
Overall, most companies reported lack of components, as well as rising costs for both components and shipping, and large backorders.
One thing that could throw a wrench into the chip supply stabilizing next year is China…
“As the world looks to additive manufacturing in an effort to overcome continuing supply-chain challenges, shipments in the strategic Industrial and Design price classes were up.”
About $40 billion of cargo – including printers and MFPs – sitting in cargo ships off the U.S. East Coast waiting to be unloaded.
The saga of a contract to provide the U.S. Navy with printers and copier/MFPs continues…
Bandrowczak previously served as interim CEO after the passing of CEO John Visentin.
Company says demand remains strong, and remains positive for the rest of the year.
One factor behind Canon’s success may be its development of a Prosumer segment for its Printing group…
Company maintains forecast, assuming supply-chain disruption will begin to subside and return-to-office trends will continue to improve.