Xerox Reports Increases in Fourth-Quarter Financial Results

NORWALK, CT—Jan. 26, 2011—Xerox Corp. announced fourth-quarter 2010 results that include adjusted earnings per share of 29 cents and $1.3 billion in operating cash flow. Fourth-quarter revenue of nearly $6 billion was up 42 percent, including a one point negative impact from currency.

The company’s full-year 2010 net income was $606 million. Total revenue was $21.6 billion, up from $15.2 billion in 2009.