Xerox Reports Increases in First-Quarter Results

Signings for Xerox’ services totaled $3 billion in the first quarter and were up 3 percent on a trailing 12-month basis.

“Our results in the quarter reflect solid progress in scaling our services business while maintaining our leadership in document technology,” said Ursula Burns, chairman and chief executive officer, Xerox Corporation. “Steady revenue growth and our continued sharp focus on operational improvements resulted in a 28 percent increase in adjusted earnings. It’s a good start to the year.