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BUZZ-Xerox slides after Q4 profit falls short of expectations

ReutersJan 28, 2025 1:41 PM

Office equipment maker Xerox Holdings XRX.O shares fall 3.7% to $9.35 premarket

Xerox posts adj. profit of 36 cents/share for Q4, compared with analysts' expectations of 53 cents/share

Expects low single-digit growth in revenue for full-year 2025

Up to Monday's close, XRX gained 15.2% YTD after losing nearly half of its value in the last 12 months

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