Earnings struggle to grow, Xerox Printing consumable reports Q2 2023 results
Earnings struggle to grow, Xerox Printing consumable reports Q2 2023 results
By business segment, Printing and Other revenues increased $1.0 million to $1.674 million in the second quarter, up 0.1 per cent year-over-year.
According to Steve Bandrowczak, CEO of Xerox, the business growth was driven by the fact that over the past year, Xerox has taken significant steps to strengthen its operational and financial discipline. Improved operational systems have positioned the company well to take advantage of growth opportunities, and Xerox's focus on meeting the evolving needs of customers in today's hybrid workplace has enabled Xerox to achieve another quarter of profitable growth in a volatile economic backdrop.
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