Xerox Posts Year-over-Year Declines in Q3 2020 but Sees Sequential Growth

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On October 27, Xerox announced its financial results for Q3 2020 and the first nine months of fiscal year 2020. It is the third quarter in which the firm’s results have been negatively impacted by the coronavirus (COVID-19) pandemic, which has shut down offices, negatively impacting Xerox’s equipment, post-sale, and services revenues and company profits.

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