Xerox Reveals Steep Declines in Q2 2020 but Avoids Losses Due to Government Assistance and Cost Controls

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On July 28, Xerox announced its financial results for the second quarter of 2020, ended June 30. It is the first full quarter in which printer/copier OEMs have felt the impact of the coronavirus pandemic on their businesses. It is widely anticipated to be a terrible quarter—one of the most terrible in the industry’s history—for

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