Xerox Corp. (XRX) announced earnings for second quarter that dropped from the same period last year.
The company's profit totaled $27 million, or $0.11 per share. This compares with $181 million, or $0.77 per share, in last year's second quarter.
Excluding items, Xerox Corp. reported adjusted earnings of $36 million or $0.15 per share for the period.
The company's revenue for the quarter fell 35.0% to $1.47 billion from $2.26 billion last year.
Xerox Corp. earnings at a glance:
-Earnings (Q2): $36 Mln. vs. $186 Mln. last year.-EPS (Q2): $0.15 vs. $0.79 last year.-Revenue (Q2): $1.47 Bln vs. $2.26 Bln last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.