Xerox Holdings Reaffirms FY24 Revenues Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, workplace technology company Xerox Holdings Corp. (XRX) said it continues to expect revenues for the full-year 2024 to be decline 3 to 5 percent in constant currency and adjusted operating margin of at least 7.5 percent.
On average, four analysts polled by Thomson Reuters expect a revenue decline of 4.3 percent to $6.59 billion for the year.
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Xerox Shares Hit On Cautious Outlook After Q3 Miss Street
Shares of Xerox Holdings Corp. were plunging around 21 percent in the early morning trading on the Nasdaq, as the workplace technology company trimmed its fiscal 2024 margin and revenue forecast, after reporting a hefty loss in its third quarter, compared to prior year's profit, with weak revenues. Adjusted earnings and top line missed market estimates.
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27 วันที่ผ่านมา
Xerox Holdings Expects FY23 Revenues To Decline In Constant Currency - Update
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.
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398 วันที่ผ่านมา
Xerox Holdings Confirms Steven Bandrowczak As CEO
Xerox Holdings Corp. (XRX) announced Wednesday that its Board of Directors has appointed Steven Bandrowczak as Chief Executive Officer.
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845 วันที่ผ่านมา
Japanese Market Significantly Lower
The Japanese stock market is significantly lower on Tuesday, reversing the gains in the previous two sessions, with the Nikkei 225 falling a tad below the 38,300 level, despite the broadly positive cues from Wall Street overnight, with weakness across most sectors led by index heavyweights, technology and financial stocks.
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5 ชม. 17 นาทีที่ผ่านมา
Thai Shares Called Rangebound Again On Tuesday
The Thai stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had gathered more than 20 points or 1.5 percent. The Stock Exchange of Thailand now sits just beneath the 1,445-point plateau and it's expected to bounce higher again on Tuesday.
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5 ชม. 37 นาทีที่ผ่านมา
Australian Market Notably Lower
Reversing some of the gains in the previous two sessions, the Australian stock market is trading notably lower on Tuesday after opening in the green, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is retracting from all-time highs and falling below the 8,400 level, with weakness in financial and energy stocks amid tumbling crude oil prices.
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5 ชม. 56 นาทีที่ผ่านมา
Win Streak May Continue For Indonesia Stock Market
The Indonesia stock market has climbed higher in consecutive trading days, rallying almost 175 points or 2.5 percent along the way. The Jakarta Composite Index now rests just beneath the 7,315-point plateau and it's poised to extend its gains again on Tuesday.
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6 ชม. 7 นาทีที่ผ่านมา
Hang Seng Expected To Halt Losing Streak
The Hong Kong stock market has moved lower in three straight sessions, dropping more than 550 points or 3 percent along the way. The Hang Seng Index now sits just above the 19,150-point plateau although it may find traction on Tuesday.
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6 ชม. 22 นาทีที่ผ่านมา
