Xerox Reports Big Revenue and Profit Declines in Q4 but Profit Growth in FY 2023


On January 25, Xerox Holdings Corporation announced financial results for the fourth quarter and full fiscal-year 2023. The company closed the year on a sour note. Xerox’s year-over-year decline in revenue was higher in Q4 than the previous quarter, Q4 operating profit tumbled, and the firm reported a net loss for the quarter. It was,

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