Xerox releases third quarter earnings

Created: 10/24/2013 10:29 AM WHEC.com

Third quarter earnings for Xerox were released Thursday morning.

The company beat Wall Street estimates but sales were relatively flat. Xerox’s "services businesses" continued to grow and that remains the focus for the company.

Net income this quarter came in at $286-million which is about 26-cents per share. In the last  third quarter, Xerox had net income at $282-million and 21-cents per share.

CEO Ursula Burns said she was pleased with the demand from small and midsize businesses to carry Xerox through to the end of the year.


Broken Clouds
75° | 58°
  • Feels like: 60° F
  • Wind: SW 7mph
  • Humidity: 93%
  • Fri More sun than clouds
    83° | 59°
  • Sat Scattered thunderstorms
    82° | 60°
  • Sun A few thunderstorms possible
    81° | 63°
  • Mon A few clouds
    83° | 63°