Xerox Sees Revenue Declines but Operating Margin Improvement in Q1

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On April 25, Xerox announced its financial results for the first quarter of 2017, which ended on March 31. Xerox completed the separation of Conduent on December 31 (see “Xerox and Conduent Ring in New Year as Two Independent Companies”). Thus, the quarter ended on March 31, 2017, is not the first quarter for which

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