Xerox Holdings Expects FY23 Revenues To Decline In Constant Currency - Update
(RTTNews) - While reporting financial results for the third quarter on Tuesday, workplace technology company Xerox Holdings Corp. (XRX) said it expects revenues for the full-year 2023 to be flat to down low-single-digits in constant currency.
On average, three analysts polled by Thomson Reuters expect a revenue decline of 1.4 percent to $7.01 billion for the year.
The company also announced reinvention to drive sustainable profit improvement and revenue growth. It expects to deliver improvement in adjusted operating income of at least $300 million by 2026.
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