Xerox Posts Lower Revenue and Operating and Net Losses in Q1 2022 but Sees Reasons for Optimism

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On April 21, Xerox Holdings Corporation announced its financial results for the first quarter of fiscal 2022. While Xerox’s revenue contracted, the decline was more moderate than expected due to some welcome improvements in Xerox’s post-sale revenue. However, the firm surprised the market by posting operating and net losses, largely as the result of rising

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