Xerox Reports Increases in Fourth-Quarter Financial Results

“We started 2010 with the acquisition of Affiliated Computer Services, which transformed our company into the world’s leading enterprise for business process and document management. And, we closed the year with results that reflect the benefits of our expanded services and competitive technology as well as the strength of our business model,” said Ursula Burns, Xerox chairman and CEO. “In 2010, we grew adjusted earnings, increased revenue and generated $2.7 billion in operating cash—delivering across the board on our commitments and creating greater value for shareholders.”