Xerox reports Q4 sales down 8.6%, yet projects FY2025 growth amid Lexmark acquisition plans.

Xerox reported Q4 2024 sales down 8.6% to $1.613 billion, beating analyst expectations. Despite lower equipment and post-sale revenue, the company projects low single-digit revenue growth for FY2025, with an adjusted operating margin of at least 5.0% and free cash flow between $350m to $400m. The forecast excludes potential impacts from the planned Lexmark acquisition set for later in 2025.

2 months ago
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