Xerox Reports Second-Quarter 2012 Earnings

• GAAP earnings per share of 22 cents
• Adjusted EPS of 26 cents
• Revenue of $5.5 billion down 1 percent, up 1 percent constant currency
• Services revenue up 5 percent, up 7 percent constant currency

NORWALK, Conn., July 20, 2012 – Xerox (NYSE: XRX) announced today second-quarter 2012 adjusted earnings per share of 26 cents, which excludes 4 cents related to the amortization of intangibles, resulting in flat year-over-year GAAP earnings of 22 cents per share.
In the second quarter, total revenue of $5.5 billion was down 1 percent or up 1 percent in constant ...