Wall Street liked Xerox's Q2 earnings, but equipment sales and installations took a tumble.

Xerox’s Equipment Sales Tumble in Q2, but Wall Street Likes Better-Than-Expected Earnings

By AI staff on July 29, 2014 Actionable Briefings

Xerox’s second-quarter financial results are in, and while total company revenue continued to decline, earnings were better than expected. In other good news, Xerox’s Services business, which now accounts for 57 percent of company revenues, saw modest revenue growth in Q2 following a flat Q1 (see “Xerox Q1 Hampered by Flat Services Business”). Moreover, although

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