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Xerox Q3 Loss Widens, Cuts Adj. Operating Profit View; Backs Revenue Outlook; Stock Down 39%

Xerox Q3 Loss Widens, Cuts Adj. Operating Profit View; Backs Revenue Outlook; Stock Down 39%

Shares of Xerox Holdings Corp. were losing around 39 percent in the morning trading on the NYSE after the company on Thursday announced a downward revision in fiscal 2026 adjusted operating income view, after reporting wider third-quarter loss. Further, the firm maintained annual revenue view, despite lower quarterly revenues. The company attributed that the headwinds affecting outlook...
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