Xerox Ticker Symbol XRX Business and Financial Overview

Xerox, a well-established company, has a ticker symbol of XRX. Xerox is a leading provider of document management technology and services.

The company has a long history, dating back to 1906 when it was founded as the Haloid Company. It was later renamed Xerox in 1961.

Xerox's business model focuses on document management, printing, and related services. The company offers a range of products and solutions for businesses and organizations.

Xerox has a significant presence in the global market, with operations in over 180 countries.

Xerox has declared a quarterly cash dividend of $0.25 per share on its common stock, payable on April 30, 2021, to shareholders on record as of March 31, 2021.

The company also declared a quarterly cash dividend of $20 per share for the Series A Convertible Perpetual Preferred Stock, payable on April 1, 2021, to shareholders registered by March 15, 2021. This shows Xerox's commitment to rewarding its shareholders.

Xerox reported a significant revenue decline of 22.5% year-over-year to $7.02 billion in 2020, with a 69.2% drop in GAAP EPS to $0.84 and a pre-tax income decrease of 69.3%.

Xerox Holdings Corporation has declared a quarterly cash dividend of $0.25 per share on its common stock.

This dividend is payable on April 30, 2021, to shareholders on record as of March 31, 2021.

The dividend for the Series A Convertible Perpetual Preferred Stock is a quarterly cash dividend of $20 per share.

This dividend is payable on April 1, 2021, to shareholders registered by March 15, 2021.

Xerox reported a significant revenue decline of 22.5% year-over-year to $7.02 billion in its 2020 fourth-quarter and full-year results.

The company's GAAP EPS dropped by 69.2% to $0.84, and pre-tax income decreased by 69.3%.

CEO John Visentin expressed optimism for 2021, projecting a revenue increase to $7.2 billion.

Xerox aims to enhance its innovation through a new $250 million venture capital fund.

The company will host a live audio webcast on January 26, 2021, to discuss its 2020 fourth-quarter and full-year results.

The webcast will feature John Visentin, CEO, and Xavier Heiss, CFO, discussing the company's performance.

Xerox aims to enhance workplace technology, integrating software and hardware for improved management of information across digital and physical platforms.

Xerox Holdings Corporation reported a significant revenue decline of 22.5% year-over-year to $7.02 billion in its 2020 fourth-quarter and full-year results.

The company's GAAP EPS dropped by 69.2% to $0.84, and pre-tax income decreased by 69.3%.

CEO John Visentin expressed optimism for 2021, projecting a revenue increase to $7.2 billion and continued investment in new business segments like Software and Financing.

Xerox Holdings Corporation will host a webcast to discuss its 2020 fourth-quarter and full-year results.

The webcast will be held on January 26, 2021, at 8 a.m. ET.

A news release will be issued earlier at 6:30 a.m. ET to provide an overview of the results.

The event will feature John Visentin, CEO, and Xavier Heiss, CFO, discussing the company's performance.

The audio webcast can be accessed at the specified link for further details.

Xerox aims to enhance workplace technology by integrating software and hardware for improved management of information across digital and physical platforms.

Xerox's 4Q24 earnings show a continued decline in revenue, with core print demand shrinking.

The company's organic revenue remains negative, indicating a persistent issue.

Despite efforts to cut costs and make acquisitions, Xerox's margins have not improved.

This situation reaffirms my sell rating, suggesting that investors should be cautious about investing in Xerox.

The decline in revenue and negative organic growth are structural problems that need to be addressed.

Xerox's inability to turn around its business despite cost-cutting and acquisitions raises concerns about its long-term prospects.