Business Standard

Xerox's quarterly revenue dips five percent

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Reuters

REUTERS - Xerox Corp reported a 5 percent drop in quarterly revenue on Thursday, hurt by continued declines in the traditional paper printing and copying market.

Net income attributable to Xerox fell to $179 million, or 68 cents per share, in the third quarter ended Sept. 30, from $183 million, or 69 cents per share, a year earlier.

Total revenue fell to $2.50 billion from $2.63 billion.

(Reporting by Munsif Vengattil in Bengaluru; Editing by Martina D'Couto)

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First Published: Oct 26 2017 | 4:30 PM IST

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