NORWALK, Connecticut , April 21, 2022 (press release) –
Company sees improving page volumes and record backlog; profits impacted by rising costs
Financial Summary
- $1.67 billion of revenue, down 2.5 percent year-over-year or 0.7 percent in constant currency.
- GAAP (loss) earnings per share (EPS) of $(0.38), down $0.56 year-over-year, and adjusted (loss) per share of $(0.12), down $0.34 year-over-year.
- Pre-tax margin of (5.3) percent, down 840 basis points, and adjusted operating margin of (0.2) percent, down 540 basis points year-over-year.
- $66 million of operating cash flow, down $51 million year-over-year.
- $50 million of free cash flow, down $50 million year-over-year.
News Release | Related Earnings Documents | Webcast and Multimedia |
First-Quarter Results
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(PDF, 1 MB)
Xerox Q1 2022 Non-GAAP Measures (PDF, 271 KB)
Xerox Q1 2022 Financial Model (PDF, 275 KB) or (Excel, 4 MB)
(PDF, 125 KB) |
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