Xerox Releases First-Quarter Results

Financial Summary 

• $1.67 billion of revenue, down 2.5 percent year-over-year or 0.7 percent in constant currency.
• GAAP (loss) earnings per share (EPS) of $(0.38), down $0.56 year-over-year, and adjusted (loss) per share of $(0.12), down $0.34 year-over-year.
• Pre-tax margin of (5.3) percent, down 840 basis points, and adjusted operating margin of (0.2) percent, down 540 basis points year-over-year.
• $66 million of operating cash flow, down $51 million year-over-year.
• $50 million of free cash flow, down $50 million year-over-year.

News Release	Related Earnings Documents	Webcast and Multimedia
First-Quarter Results (PDF, 857 KB)	Xerox Q1 2022 Presentation  (PDF, 1 MB)   Xerox Q1 2022 Non-GAAP Measures (PDF, 271 KB)   Xerox Q1 2022 Financial Model (PDF, 275 KB) or (Excel, 4 MB)   Xerox Q1 2022 Summary (PDF, 125 KB)	Webcast Replay: Conference Call   Conference Call Transcript (PDF, 270 KB)

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