Xerox Holdings Corp (NASDAQ: XRX) reported a third-quarter FY23 sales decline of 5.7% year-on-year to $1.65 billion, missing the consensus of $1.71 billion. 

Revenues declined 7.4% at constant currency. Adjusted EPS of $0.46 beat the analyst consensus of $0.35

Equipment sales decreased by 1%, while post-sale revenue declined by 7%. 

Gross margin expanded 60 basis points Y/Y to 32.4%. The equipment margin increased by ...

Full story available on