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Jun 30, 2021
Xerox Q2 2021 Earnings Report
Xerox reported higher revenue, EPS and free cash flow while increasing investments in targeted growth areas.
Key Takeaways
Xerox Holdings Corporation reported a 22.4% year-over-year increase in revenue to $1.79 billion for Q2 2021. GAAP EPS increased to $0.46, and adjusted EPS rose to $0.47. The company reaffirmed its revenue and cash flow guidance for the year, driven by increased equipment sales and print volumes.
Revenue increased by 22.4 percent year-over-year to $1.79 billion, or 18.1 percent in constant currency.
GAAP earnings per share (EPS) increased to $0.46, up $0.35 year-over-year, and adjusted EPS increased to $0.47, up $0.32 year-over-year.
Adjusted operating margin increased to 7.0 percent, up 280 basis points year-over-year.
Free cash flow increased to $198 million, up $183 million year-over-year.
Xerox
Xerox
Xerox Revenue by Segment
Revenue by Segment
Equipment Sales Revenue
CapyFin.comPost Sale Revenue
CapyFin.com Forward Guidance
Xerox reaffirmed its revenue and cash flow guidance for the year.
Revenue & Expenses
Visualization of income flow from segment revenue to net income