More on Xerox (XRX) Q1: Net profit -4.3% to $269M due to restructuring charges and weaker...

|About: Xerox Corporation (XRX)|By:, SA News Editor

More on Xerox (XRX) Q1: Net profit -4.3% to $269M due to restructuring charges and weaker margins. Services revenue +10% and accounts for half of total sales, but technology revenue -5%. To buy back up to $1.1B in stock. Guidance: Q2 EPS $0.25-$0.28 vs. consensus of $0.23. FY EPS $1.12-$1.18.