Xerox has announced its first financial results since the split between Xerox and Conduent Corporations. Xerox says with that transformation out of the way, it’s now free to pursue growth in document and information handling markets.
Xerox reported total revenue of $2.7 billion in the last quarter and a 14 percent adjusted operating margin. Adjusted earnings per share were 25 cents. Xerox ended the year with $2.2 billion cash in the bank.