1. Xerox Reports 14% increase in EPS on Flat Revenue

    whattheythink.com (Jan 25 2012)

    1. Thursday, January 26, 2012 Press release from the issuing company Xerox Corporation announced today fourth-quarter 2011 results that include adjusted earnings per share of 33 cents, up 14 percent from fourth-quarter 2010, and $1.3 billion in operating cash flow. Adjusted EPS excludes 7 cents related to amortization of intangibles, resulting in GAAP EPS of 26 cents. The company ended 2011 with full-year adjusted EPS up 15 percent, pro-forma revenue up 2 percent and operating cash flow of $2 billi (Read Full Article)

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