NORWALK, Connecticut , July 26, 2022 (press release) –
Improving revenue trajectory and cost actions expected to drive profitability growth in second half
Financial Summary
- $1.75 billion of revenue, down 2.6 percent year-over-year or up 1.1 percent in constant currency.
- GAAP (loss) earnings per share (EPS) of $(0.05), down $0.51 year-over-year, and adjusted EPS of $0.13, down $0.34 year-over-year.
- Adjusted operating margin of 2.0 percent, down 500 basis points year-over-year.
- Operating cash flow use of $85 million, lower by $299 million year-over-year.
- Free cash flow use of $98 million, lower by $296 million year-over-year.
| News Release | Related Earnings Documents | Webcast and Multimedia |
| Second-Quarter Results
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Xerox Q2 2022 Earnings Presentation (PDF, 1 MB)
Xerox Q2 2022 Non-GAAP Measures (PDF, 510 KB)
Xerox Q2 2022 Financial Model (PDF, 194 KB) or (Excel, 4 MB)
(PDF, 126 KB)
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Webcast Replay: Conference Call
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