Economy

Xerox revenue dips as printer sales fall

Date: Apr 24, 2015

Xerox Corp, best known as a maker of printers and copiers, reported a 6 percent fall inquarterly revenue, hurt by lower printer sales and a stronger dollar.

Net income attributable to Xerox fell to $225 million, or 19cents per share, in the first quarter ended March 31, from $281million, or 23 cents per share, a year earlier. (http://1.usa.gov/1aXFzwP)

On an adjusted basis, the company earned 21 cents per share.

Revenue fell to $4.47 billion from $4.77 billion.
--reuters--

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