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Xerox Holdings Reaffirms FY24 Revenues Outlook - Update
(RTTNews) - While reporting financial results for the first quarter on Tuesday, workplace technology company Xerox Holdings Corp. (XRX) said it continues to expect revenues for the full-year 2024 to be decline 3 to 5 percent in constant currency and adjusted operating margin of at least 7.5 percent.
On average, four analysts polled by Thomson Reuters expect a revenue decline of 4.3 percent to $6.59 billion for the year.
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Xerox Shares Hit On Cautious Outlook After Q3 Miss Street
Shares of Xerox Holdings Corp. were plunging around 21 percent in the early morning trading on the Nasdaq, as the workplace technology company trimmed its fiscal 2024 margin and revenue forecast, after reporting a hefty loss in its third quarter, compared to prior year's profit, with weak revenues. Adjusted earnings and top line missed market estimates.
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303 gün önce
Xerox Holdings Expects FY23 Revenues To Decline In Constant Currency - Update
While reporting financial results for the third quarter on Tuesday, workplace technology company Xerox Holdings Corp. (XRX) said it expects revenues for the full-year 2023 to be flat to down low-single-digits in constant currency.
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Xerox Holdings Confirms Steven Bandrowczak As CEO
Xerox Holdings Corp. (XRX) announced Wednesday that its Board of Directors has appointed Steven Bandrowczak as Chief Executive Officer.
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Japanese Market Notably Lower
Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
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Additional Support Predicted For Indonesia Shares
The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
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21 dakika önce
Australian Market Slightly Lower
The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
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30 dakika önce
Hong Kong Shares May Stop The Bleeding On Friday
The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews
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36 dakika önce
Higher Open Called For China Stock Market
The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
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51 dakika önce
