Xerox Corporation ( (XRX) ) has released its Q1 earnings. Here is a breakdown of the information Xerox Corporation presented to its investors.
Xerox Corporation, a leading provider of print and IT solutions, has released its first-quarter earnings for 2025, highlighting its efforts in the print and IT sectors following the acquisition of ITsavvy. The company reported a revenue of $1.46 billion, marking a 3% decline compared to the previous year, with a net loss of $90 million, which is an improvement from the previous year’s loss. Despite the challenges, Xerox has seen growth in its IT Solutions segment, with a 121.6% increase in revenue, driven by the successful integration of ITsavvy. The company’s adjusted operating margin decreased slightly to 1.5%, and free cash flow was negative at $109 million. Looking ahead, Xerox anticipates low single-digit revenue growth in constant currency and aims to achieve an adjusted operating margin of at least 5% for the year. The company remains focused on its Reinvention strategy to drive long-term growth and improve operating predictability.