(Reuters) – Xerox Holdings Corp (N:), which is locked in a battle to take over HP Inc (N:), posted a fall in quarterly revenue on Tuesday as more businesses digitized their paperwork, hurting demand for printers and photocopiers.
Total revenue fell to $2.44 billion in the fourth quarter from $2.50 billion a year earlier.
Net income attributable to Xerox rose to $818 million, or $3.61 per share, in the three months ended Dec. 31 from $137 million, or 56 cents per share, a year earlier.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.