Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Xerox Reports Decreased Q2 Revenue
Apr 24, 2006
 Printable format
 Email this Article
 Search

Business appliance maker Xerox Corporation announced total revenue for the first quarter of 2006 totaled U.S. $3.7 billion, or $0.20 earnings per share.

Equipment sale revenue declined 4 percent, offset by continued improvement from the company's post-sale revenue stream. Post-sale and financing revenue, which represents about 75 percent of Xerox's total revenue, declined 1 percent in the first quarter and grew 1 percent in constant currency.

"Our steady improvement in post-sale revenue shows that Xerox's business model is working. We also delivered solid product install growth, a more than 25-percent increase in signings for document management services, and 11 percent growth in revenue from Xerox digital color systems," said Anne M. Mulcahy, Xerox chairman and CEO. "For the past 5 years, we've been focused on building the install base of our digital document technology, especially color, and increasing demand for Xerox services. The post-sale revenue from this business generates a healthy annuity stream that fuels profitable growth."

Xerox expects second-quarter 2006 earnings in the range of $0.22 to $0.24 cents per share, which includes a $0.01 charge related to the company's recent termination of its 2003 credit facility.

Back to Daily News

 

Daily News

...........................................................

Oct 31, 2014: Whirlpool Completes Acquisition of Majority Stake In Hefei Sanyo

Oct 30, 2014: Whirlpool Corp. reports strong third-quarter

Oct 30, 2014: Statistical Portrait of the European Appliance Industry Released by Appliance Magazine

Oct 30, 2014: New Whirlpool acquisition Indesit reports profit for year so far

Oct 30, 2014: Consumer Confidence Index rebounds in October

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows