Loading..

Xerox Holdings Corporation (XRX) Report Analysis

Corporate Events

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) droppe...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell Midcap Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) droppe...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) droppe...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Value Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) droppe...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell Midcap Value Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) droppe...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Dynamic Index

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added ...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Index

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added ...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Value Index

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added ...

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Dynamic Index

Negative

Xerox Holdings Corporation Promotes Joanne Coll...

2022-06-03 14:00:00

Xerox Holdings Corporation announced the promotion of Joanne Collins Smee to Executive Vice President and President, Americas, effective June ...

Negative

Xerox Holdings Corporation Announces Election o...

2022-05-25 16:50:00

Xerox Holdings Corporation announced that Board elected James L. Nelson to serve as Chairman of the Board effective as of the date of the Annu...

Neutral

Xerox Holdings Corporation Approves Amendments ...

2022-05-25 16:50:00

Xerox Holdings Corporation at its AGM held on May 19, 2022 approved amendment to the company's Amended and Restated Certificate of Incorporati...

Neutral

Declaration of Voting Results by Xerox Holdings...

2022-05-25 12:50:00

On May 25, 2022, Xerox Holdings Corporation announced that at its annual general meeting of shareholders held on May 19, 2022, the shareholder...

Positive

Xerox Holdings Corporation Declares Quarterly D...

2022-05-19 16:30:00

Xerox Holdings Corporation announced that its board of directors declared a quarterly dividend of $0.25 per share on Xerox Holdings Corporatio...

Positive

Xerox Holdings Corporation Declares Quarterly D...

2022-05-19 16:30:00

The board of Xerox Holdings Corporation also declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible P...

Neutral

Xerox Holdings Corporation Presents at J.P. Mor...

2022-05-19 13:00:00

Xerox Holdings Corporation Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-24-2022 11:3...

Neutral

Xerox Holdings Corporation Presents at Morgan S...

2022-05-19 13:00:00

Xerox Holdings Corporation Presents at Morgan Stanley's 7th Annual Sustainable Futures Conference, May-23-2022 01:15 PM. Venue: New York, New ...

Negative

Xerox Holdings Corporation and Xerox Corporatio...

2022-05-16 20:59:00

Xerox Holdings Corporation announced that on May 16, 2022, Michael D. Feldman, Executive Vice President and President of Americas Operations a...

Neutral

Xerox Wins $164 Million Contract by USDA to Str...

2022-05-16 15:30:00

The U.S. Department of Agriculture (USDA) has awarded Xerox a 10-year, $164 million contract for continued Managed Print Services, new Electro...

Neutral

Xerox® Elem™ Additive Solutions Partners with R...

2022-04-28 12:27:00

Xerox® Elem™ Additive Solutions announced that the Rochester Institute of Technology (RIT) recently purchased and installed a Xerox® Elem™ 3D ...

Neutral

Xerox Holdings Corporation Provides Revenue Gui...

2022-04-21 10:42:00

Xerox Holdings Corporation provided revenue guidance for the full year 2022. The company expects, Revenue of at least $7.1 billion in actual currency.

Neutral

Tranche Update on Xerox Holdings Corporation (N...

2022-04-21 00:00:00

From January 1, 2022 to March 31, 2022, the company has repurchased 5,337,400 shares, representing 3.35% for $112.69 million. With this, the c...

Negative

Xerox Holdings Corporation and Xerox Corporatio...

2022-04-15 20:47:00

On April 14, 2022, Joseph H. Mancini, Jr., Vice President and Chief Accounting Officer of Xerox Holdings Corporation and Xerox Corporation inf...

Neutral

Xerox Holdings Corporation, Q1 2022 Earnings Ca...

2022-04-14 12:00:00

Xerox Holdings Corporation, Q1 2022 Earnings Call, Apr 21, 2022

Neutral

Xerox Holdings Corporation to Report Q1, 2022 R...

2022-04-14 12:00:00

Xerox Holdings Corporation announced that they will report Q1, 2022 results at 6:30 AM, US Eastern Standard Time on Apr 21, 2022

Neutral

Xerox Holdings Corporation, Annual General Meet...

2022-04-06 10:46:00

Xerox Holdings Corporation, Annual General Meeting, May 19, 2022, at 09:00 US Eastern Standard Time. Location: 401 Merritt 7, CT 06851 Norwalk...

Neutral

Xerox Holdings Corporation Proposes Amended and...

2022-04-06 10:46:00

Annual Meeting of Shareholders of Xerox Holdings Corporation to be held on May 19, 2022 proposed an amendment to the Company’s amended and res...

Neutral

Xerox Holdings Corporation - Shareholder/Analyst Call

2022-04-06 10:46:00

AGM

Positive

Xerox Holdings Corporation's Equity Buyback ann...

2022-03-31 00:00:00

The company closed its plan in March, 2022.

Neutral

Xerox Elem Additive Solutions Announces New Str...

2022-03-30 13:00:00

Xerox® Elem™ Additive Solutions announced a new collaboration effort with Siemens, aimed at strengthening the metal additive manufacturing (AM...

Neutral

Morgan Stanley, Morgan Stanley's 7th Annual Sus...

2022-03-15 15:27:00

Morgan Stanley, Morgan Stanley's 7th Annual Sustainable Futures Conference, May 23, 2022 through May 25, 2022. Venue: New York, New York, Unit...

Neutral

Tranche Update on Xerox Holdings Corporation (N...

2022-02-23 16:42:00

From October 26, 2021 to December 31, 2021, the company has repurchased 19,400,908 shares, representing 10.87% for $387.31 million. With this,...

Neutral

Tranche Update on Xerox Holdings Corporation (N...

2022-02-23 16:42:00

From October 1, 2021 to October 25, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has com...

Positive

Xerox Holdings Corporation, $ 0.25, Cash Divide...

2022-02-18 00:00:00

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Mar-30-2022

Neutral

Vertex Manufacturing Partners with Xerox Elem A...

2022-02-10 14:00:00

Xerox Elem Additive Solutions and trusted industrial manufacturer, Vertex Manufacturing announced an agreement to add the Xerox ElemX 3D Print...

Positive

Xerox Introduces the Xerox High Capacity XLS Va...

2022-02-09 14:00:00

Xerox announced the addition of the Xerox High Capacity XLS Vacuum Feeder allowing customers to advance the core capabilities of their Xerox I...

Positive

Xerox Holdings Corporation (NasdaqGS:XRX) acqui...

2022-02-02 00:00:00

Xerox Holdings Corporation (NasdaqGS:XRX) acquired Powerland for CAD 76 million on February 2, 2022. Consideration was paid in cash. 7 Mile Ad...

Neutral

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual...

2021-12-21 09:47:00

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022...

Neutral

Loop Capital Markets LLC, Loop Capital Non-Deal...

2021-11-30 14:09:00

Loop Capital Markets LLC, Loop Capital Non-Deal Roadshow, Dec 13, 2021.

Neutral

Xerox Holdings Corporation Presents at Loop Cap...

2021-11-30 14:09:00

Xerox Holdings Corporation Presents at Loop Capital Non-Deal Roadshow, Dec-13-2021 . Speakers: David James Beckel, VP & Head of Investor Relat...

Neutral

Xerox Holdings Corporation Presents at Raymond ...

2021-11-30 14:09:00

Xerox Holdings Corporation Presents at Raymond James Virtual Technology Investors Conference 2021, Dec-06-2021 10:30 AM. Speakers: David James...

Negative

Xerox Holdings Corporation Announces Executive Changes

2021-11-12 12:02:00

Xerox Holdings Corporation announced on November 12, 2021 that Aris Kekedjian has resigned from the Boards of Directors of the Company and Xer...

Positive

Xerox Holdings Corporation Announces New Xerox®...

2021-11-02 10:00:00

Xerox announced the new Xerox® Workflow Central, a secure, cloud-based software platform providing access to workflow automation and digitizat...

Neutral

Xerox Holdings Corporation Presents at NextGen ...

2021-10-29 16:06:00

Xerox Holdings Corporation Presents at NextGen Supply Chain Conference, Nov-02-2021 01:35 PM. Speakers: William McCall, Consultant, XEROX AM.

Neutral

Peerless Media, LLC, NextGen Supply Chain Confe...

2021-10-28 00:00:00

Peerless Media, LLC, NextGen Supply Chain Conference, Nov 02, 2021 through Nov 04, 2021.

Negative

Xerox Holdings Corporation Reduces Revenue Guid...

2021-10-26 10:44:00

Xerox Holdings Corporation reduced revenue guidance for the year 2021. For the year, the company expects revenue guidance to approximately $7....

Negative

Xerox Holdings Corporation Announces Asset Impa...

2021-10-26 10:44:00

Xerox Holdings Corporation announced asset impairments for the third quarter ended September 30, 2021. For the quarter, the company's asset im...

Positive

Xerox Holdings Corporation (NasdaqGS:XRX) annou...

2021-10-26 06:44:00

Xerox Holdings Corporation (NasdaqGS:XRX) announces a share repurchase program. Under the program, the company will repurchase up to $500 mill...

Neutral

Tranche Update on Xerox Holdings Corporation (N...

2021-10-26 06:44:00

From July 1, 2021 to September 30, 2021, the company has repurchased $87.33 million worth of its shares. With this, the company has completed ...

Positive

Xerox Holdings Corporation authorizes a Buyback Plan.

2021-10-26 00:00:00

The Board of Directors of Xerox Holdings Corporation has authorized a Buyback Plan on October 26, 2021.

Positive

Xerox Holdings Corporation's Equity Buyback ann...

2021-10-25 00:00:00

The company expired its plan on October 27, 2021.

Positive

Xerox Holdings Corporation Directors Declares Q...

2021-10-21 17:30:00

Xerox Holdings Corporation announced that its board of directors declared a quarterly dividend of $0.25 per share on the company’s common stoc...

Positive

Xerox Holdings Corporation Declares Quarterly D...

2021-10-21 17:30:00

The board of Xerox Holdings Corporation declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible Perpet...

Positive

Xerox Holdings Corporation, $ 0.25, Cash Divide...

2021-10-21 00:00:00

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Dec-30-2021

Neutral

Xerox Holdings Corporation, Q3 2021 Earnings Ca...

2021-10-19 13:00:00

Xerox Holdings Corporation, Q3 2021 Earnings Call, Oct 26, 2021

Neutral

Xerox Holdings Corporation to Report Q3, 2021 R...

2021-10-19 13:00:00

Xerox Holdings Corporation announced that they will report Q3, 2021 results at 6:30 AM, US Eastern Standard Time on Oct 26, 2021

Neutral

Xerox Holdings Corporation Presents at Credit S...

2021-10-18 15:12:00

Xerox Holdings Corporation Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 09:55 AM. Venue: The Phoenician Hotel, Sco...

Positive

Xerox Holdings Corporation (NasdaqGS:XRX) acqui...

2021-10-05 00:00:00

Xerox Holdings Corporation (NasdaqGS:XRX) acquired Competitive Computing, Inc. on October 5, 2021. BellMark Partners, LLC and Gravel & Shea PC...

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added ...

2021-09-22 00:00:00

Xerox Holdings Corporation has been added to NASDAQ Composite Index .

Negative

Xerox Holdings Corporation Promotes Deena Lamar...

2021-09-20 13:00:00

Xerox Holdings Corporation announced the promotion of Deena LaMarque Piquion as Chief Marketing Officer. Previously serving as Senior Vice Pre...

Neutral

Raymond James & Associates, Inc., Raymond James...

2021-09-16 22:54:00

Raymond James & Associates, Inc., Raymond James Virtual Technology Investors Conference 2021, Dec 06, 2021 through Dec 08, 2021.

Negative

Xerox Holdings Corporation Primary Exchange Lis...

2021-09-09 10:30:00

Effective September 21, 2021, Xerox Holdings Corporation primary exchange listing will change to Nasdaq Global Select from New York Stock Exchange.

Neutral

Xerox Holdings Corporation Presents at RAPID + ...

2021-09-07 14:38:00

Xerox Holdings Corporation Presents at RAPID + TCT 2021, Sep-13-2021 04:00 PM. Venue: McCormick Place, Chicago, Illinois, United States. Speak...

Neutral

Xerox Holdings Corporation - Special Call

2021-09-02 10:30:00

To discuss formation of CareAR Software Business

Positive

Castor Technologies Ltd. announced that it has ...

2021-08-16 00:00:00

Castor Technologies Ltd. announced that it has received $3,500,000 in a round of funding co-led by new investors Xerox Holdings Corporation an...

Neutral

Xerox Holdings Corporation Presents at Citi 202...

2021-08-11 17:24:00

Xerox Holdings Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-15-2021 09:40 AM. Speakers: David James Beckel, VP ...

Neutral

Rapid News Group, SME, RAPID + TCT 2021, Sep ...

2021-08-04 15:14:00

Rapid News Group, SME, RAPID + TCT 2021, Sep 13, 2021 through Sep 15, 2021. Venue: McCormick Place, Chicago, Illinois, United States.

Neutral

Xerox Holdings Corporation Maintains Earnings G...

2021-07-27 12:00:00

Xerox Holdings Corporation maintained earnings guidance for the full year 2021. The company is maintaining its full year guidance of at least ...

Neutral

Xerox Holdings Corporation Announces Amendments...

2021-07-27 10:45:00

Xerox Holdings Corporation announced that on July 22, 2021, the Board of Directors of the company amended Sections 1 and 10 of Article IV of X...

Neutral

Tranche Update on Xerox Holdings Corporation (N...

2021-07-27 00:00:00

From April 1, 2021 to June 30, 2021, the company has repurchased 10,362,722 shares, representing 5.4% for $250.41 million. With this, the comp...

Positive

Xerox Holdings Corporation Declares Quarterly D...

2021-07-22 20:00:00

Xerox Holdings Corporation declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible Perpetual Preferred...

Positive

Xerox Holdings Corporation Declares Quarterly D...

2021-07-22 20:00:00

Xerox Holdings Corporation announced that its board of directors declared a quarterly dividend of $0.25 per share on Xerox Holdings Corporatio...

Positive

Xerox Holdings Corporation, $ 0.25, Cash Divide...

2021-07-22 00:00:00

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Sep-29-2021

Neutral

Xerox Holdings Corporation to Report Q2, 2021 R...

2021-07-20 20:00:00

Xerox Holdings Corporation announced that they will report Q2, 2021 results at 6:30 AM, US Eastern Standard Time on Jul 27, 2021

Neutral

Xerox Holdings Corporation, Q2 2021 Earnings Ca...

2021-07-20 20:00:00

Xerox Holdings Corporation, Q2 2021 Earnings Call, Jul 27, 2021

Positive

LinkSquares, Inc. announced that it has receive...

2021-07-14 00:00:00

On July 14, 2021, Linksquares, Inc. closed the transaction. The company amended terms of the transaction. The company received $2,050,041 in i...

Neutral

Xerox Holdings Corporation has filed a Shelf Re...

2021-06-29 00:00:00

Xerox Holdings Corporation has filed a Shelf Registration in the amount of $11.915 million. Security Name: Common Stock Securities Offered...

Neutral

Xerox Holdings Corporation has filed a Shelf Re...

2021-06-29 00:00:00

Xerox Holdings Corporation has filed a Shelf Registration in the amount of $304.45961 million. Security Name: Common Stock Securities Offe...

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell Midcap Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell Midcap Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Value Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Value Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell Midcap Value Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell Midcap Value Index

Negative

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Dynamic Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) dropped from Russell 1000 Dynamic Index

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Index

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Value Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Value Index

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Dynamic Index

2022-06-24 00:00:00

Xerox Holdings Corporation(NasdaqGS:XRX) added to Russell 2000 Dynamic Index

Negative

Xerox Holdings Corporation Promotes Joanne Collins Smee to Executive Vice President and President, Americas

2022-06-03 14:00:00

Xerox Holdings Corporation announced the promotion of Joanne Collins Smee to Executive Vice President and President, Americas, effective June 3. Collins Smee assumes responsibility for leading all go-to-market operations across the region following the retirement of Mike Feldman. In this expanded role, she will focus on enhancing the way Xerox brings its portfolio of offerings to partners and clients of all sizes in the U.S., Canada and Latin America. Collins Smee will continue to serve as a member of the company’s Executive Committee and report to Vice Chairman and CEO John Visentin. Collins Smee joined Xerox in September 2018 as chief commercial officer, spearheading the development and delivery of Xerox’s integrated technology solutions and services strategy. Since early 2020, she has served as Executive Vice President and Chief Commercial, SMB and Channels Officer, leading the Xerox Business Solutions (XBS) team, which delivers products and services to SMB clients across the U.S., as well as the company’s Channels Business. Before joining Xerox, she led Technology Transformation Services for the U.S. federal government and spent more than 25 years at IBM in global executive roles, spanning client sales, support and delivery of technical products and services. Dedicated to helping others grow their careers, Collins Smee also serves as the executive sponsor of the National Black Employees Association (NBEA) employee resource group.

Negative

Xerox Holdings Corporation Announces Election of James L. Nelson as Chairman of the Board

2022-05-25 16:50:00

Xerox Holdings Corporation announced that Board elected James L. Nelson to serve as Chairman of the Board effective as of the date of the Annual Meeting held on May 19, 2022.

Neutral

Xerox Holdings Corporation Approves Amendments to Certificate of Incorporation

2022-05-25 16:50:00

Xerox Holdings Corporation at its AGM held on May 19, 2022 approved amendment to the company's Amended and Restated Certificate of Incorporation to permit shareholders to act by written consent.

Neutral

Declaration of Voting Results by Xerox Holdings Corporation

2022-05-25 12:50:00

On May 25, 2022, Xerox Holdings Corporation announced that at its annual general meeting of shareholders held on May 19, 2022, the shareholder proposal for shareholder right to call a special shareholder meeting was not approved.

Positive

Xerox Holdings Corporation Declares Quarterly Dividend on Common Stock, Payable on August 1, 2022

2022-05-19 16:30:00

Xerox Holdings Corporation announced that its board of directors declared a quarterly dividend of $0.25 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on August 1, 2022 to shareholders of record on June 30, 2022.

Positive

Xerox Holdings Corporation Declares Quarterly Dividend on the Outstanding Holdings Series A Convertible Perpetual Preferred Stock, Payable on July 1, 2022

2022-05-19 16:30:00

The board of Xerox Holdings Corporation also declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on July 1, 2022 to shareholders of record on June 15, 2022.

Neutral

Xerox Holdings Corporation Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-24-2022 11:30 AM

2022-05-19 13:00:00

Xerox Holdings Corporation Presents at J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May-24-2022 11:30 AM. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States. Speakers: David James Beckel, VP & Head of Investor Relations, Louis J. Pastor, Executive VP, Chief Corporate Development Officer & Chief Legal Officer, Xavier Heiss, Executive VP & CFO.

Neutral

Xerox Holdings Corporation Presents at Morgan Stanley's 7th Annual Sustainable Futures Conference, May-23-2022 01:15 PM

2022-05-19 13:00:00

Xerox Holdings Corporation Presents at Morgan Stanley's 7th Annual Sustainable Futures Conference, May-23-2022 01:15 PM. Venue: New York, New York, United States. Speakers: David James Beckel, VP & Head of Investor Relations, Michele Cahn, Vice President, Global government affairs and sustainability.

Negative

Xerox Holdings Corporation and Xerox Corporation Announces Executive Changes

2022-05-16 20:59:00

Xerox Holdings Corporation announced that on May 16, 2022, Michael D. Feldman, Executive Vice President and President of Americas Operations and Global Document Services of Xerox Holdings Corporation and Xerox Corporation informed the Company that he will retire from the Company effective June 3, 2022. His decision to retire is not due to any disagreement with the Company. On May 16, 2022, the Company announced the appointment of Mirlanda Gecaj as the Company's Vice President and Chief Accounting Officer (Principal Accounting Officer) effective as of that same date. Ms. Gecaj, 48, joins the Company from Element Solutions Inc., where she served as Vice President, Global Shared Service Strategy from 2019 to 2022 and Head of Internal Audit from 2017 until 2019. Prior to that, Ms. Gecaj held various positions at PricewaterhouseCoopers from 2002 until 2016, serving most recently as Assurance Senior Manager from July 2010 until December 2016. She is a Certified Public Accountant, licensed in the State of New York and the State of Connecticut.

Neutral

Xerox Wins $164 Million Contract by USDA to Streamline Practices, Increase Innovation

2022-05-16 15:30:00

The U.S. Department of Agriculture (USDA) has awarded Xerox a 10-year, $164 million contract for continued Managed Print Services, new Electronic Fax Services (EFS) and additional innovation across its agencies. The contract includes a total of up to 16,000 Xerox ConnectKey® devices, with a large number of new devices across 3,500+ offices supporting over 100,000 employees. Using Xerox’s technology and innovative solutions, the USDA will cultivate best practices in print management, increase file security, create customized initiatives for Federal 508 compliance and better support its mobile workforce. This partnership helps the USDA cut costs while providing integrated managed print services (MPS) and EFS, using Xerox’s customized web portal designed to manage both services cohesively.

Neutral

Xerox® Elem™ Additive Solutions Partners with Rochester Institute of Technology to Advance Metal Additive Manufacturing

2022-04-28 12:27:00

Xerox® Elem™ Additive Solutions announced that the Rochester Institute of Technology (RIT) recently purchased and installed a Xerox® Elem™ 3D printer at their AMPrint Center in Henrietta, NY. RIT will utilize the printer in their collaborations with manufacturers for research and product development as they focus on next-generation metal 3D printing technologies. RIT is a longtime collaborator with Xerox in the additive manufacturing (AM) space, and one of the early liquid metal AM adopters. The AMPrint Center faculty have years of experience involving metal additive manufacturing with a primary focus on aerospace applications. The installation is the result of a successful industry-university collaboration and both parties will continue to work together to scale the ElemX for new commercial and industrial applications. ElemX is a safer and simpler metal 3D printing technology addressing supply chain resiliency for transportation, aerospace, defense and industrial manufacturing. Until now, the ability to 3D print aluminum consistently and reliably has challenged the market. Unlike other metal 3D printing technologies, there are no hazardous metal powders with ElemX and no need for PPE or other considerable safety measures. Engineered to bring simplicity to the supply chain process, ElemX is the ideal option for spares, repairs and low-volume production parts. The installation at RIT’s AM Print Center builds on previous ElemX installations at the Naval Postgraduate School and Oak Ridge National Laboratory, two other advanced research facilities that are focused on increasing the adoption of metal AM in manufacturing.

Neutral

Xerox Holdings Corporation Provides Revenue Guidance for the Full Year 2022

2022-04-21 10:42:00

Xerox Holdings Corporation provided revenue guidance for the full year 2022. The company expects, Revenue of at least $7.1 billion in actual currency.

Neutral

Tranche Update on Xerox Holdings Corporation (NasdaqGS:XRX)'s Equity Buyback Plan announced on October 26, 2021.

2022-04-21 00:00:00

From January 1, 2022 to March 31, 2022, the company has repurchased 5,337,400 shares, representing 3.35% for $112.69 million. With this, the company has completed the repurchase of 24,738,308 shares, representing 14.22% for $500 million under the buyback announced on October 26, 2021.

Negative

Xerox Holdings Corporation and Xerox Corporation Announces the Retirement of Joseph H. Mancini as Vice President and Chief Accounting Officer

2022-04-15 20:47:00

On April 14, 2022, Joseph H. Mancini, Jr., Vice President and Chief Accounting Officer of Xerox Holdings Corporation and Xerox Corporation informed the company that he will retire effective May 6, 2022. His decision to retire is not due to any disagreement with respect to the operations, policies or practices of the Company.

Neutral

Xerox Holdings Corporation, Q1 2022 Earnings Call, Apr 21, 2022

2022-04-14 12:00:00

Xerox Holdings Corporation, Q1 2022 Earnings Call, Apr 21, 2022

Neutral

Xerox Holdings Corporation to Report Q1, 2022 Results on Apr 21, 2022

2022-04-14 12:00:00

Xerox Holdings Corporation announced that they will report Q1, 2022 results at 6:30 AM, US Eastern Standard Time on Apr 21, 2022

Neutral

Xerox Holdings Corporation, Annual General Meeting, May 19, 2022

2022-04-06 10:46:00

Xerox Holdings Corporation, Annual General Meeting, May 19, 2022, at 09:00 US Eastern Standard Time. Location: 401 Merritt 7, CT 06851 Norwalk United States Agenda: To Elect each of the eight directors named in the enclosed proxy statement; to ratify the appointment of PricewaterhouseCoopers LLP (PwC) as independent registered public accounting firm for the fiscal year ending December 31, 2022; to approve, on an advisory basis, the 2021 compensation of named executive officers; and to discuss other matters.

Neutral

Xerox Holdings Corporation Proposes Amended and Restated Certificate of Incorporation

2022-04-06 10:46:00

Annual Meeting of Shareholders of Xerox Holdings Corporation to be held on May 19, 2022 proposed an amendment to the Company’s amended and restated Certificate of Incorporation to permit shareholders to act by written consent.

Neutral

Xerox Holdings Corporation - Shareholder/Analyst Call

2022-04-06 10:46:00

AGM

Positive

Xerox Holdings Corporation's Equity Buyback announced on October 26, 2021, has closed with 24,738,308 shares, representing 14.22% for $500 million.

2022-03-31 00:00:00

The company closed its plan in March, 2022.

Neutral

Xerox Elem Additive Solutions Announces New Strategic Collaboration with Siemens to Strengthen Metal Additive Manufacturing Capabilities

2022-03-30 13:00:00

Xerox® Elem™ Additive Solutions announced a new collaboration effort with Siemens, aimed at strengthening the metal additive manufacturing (AM) capabilities of both businesses. This relationship highlights both companies’ strong commitment to advancing the future of industrial additive manufacturing through innovation and partnerships. Siemens has purchased an ElemX metal 3D Printer, adding it to their fleet of additive machines inside their Charlotte Advanced Technology Collaboration Hub (CATCH). The CATCH facility focuses on the industrialization of additive manufacturing, working with machine builders, material suppliers and end-customers. The ElemX leverages Xerox’s liquid metal AM that uses cost-effective aluminum wire and incorporates the Siemens SINUMERIK 840D sl control platform with its embedded digital twin technology to optimize the printing process. ElemX is a groundbreaking 3D metal printer that’s simpler and safer to use and addresses supply chain resiliency for transportation, aerospace, defense and industrial manufacturing. The printer is easily deployed, requiring no special facility modifications for operation. Unlike many metal 3D printing technologies, the ElemX requires minimal post-processing and therefore provides a faster time-to-part. Siemens and Xerox have a mutual interest to explore technical developments in automation, software, materials and processes of the current and future ElemX systems. This collaboration provides early access opportunities for Xerox and Siemens to share advancements in digitalization solutions and automation software designed to impact the distributed manufacturing model. Siemens is the latest addition to the Xerox Manufacturing Partner Network (MPN) and continues its trajectory as a prominent and reliable partner in the AM industry.

Neutral

Morgan Stanley, Morgan Stanley's 7th Annual Sustainable Futures Conference, May 23, 2022 through May 25, 2022

2022-03-15 15:27:00

Morgan Stanley, Morgan Stanley's 7th Annual Sustainable Futures Conference, May 23, 2022 through May 25, 2022. Venue: New York, New York, United States.

Neutral

Tranche Update on Xerox Holdings Corporation (NasdaqGS:XRX)'s Equity Buyback Plan announced on October 26, 2021.

2022-02-23 16:42:00

From October 26, 2021 to December 31, 2021, the company has repurchased 19,400,908 shares, representing 10.87% for $387.31 million. With this, the company has completed the repurchase of 19,400,908 shares, representing 10.87% for $387.31 million under the buyback announced on October 26, 2021.

Neutral

Tranche Update on Xerox Holdings Corporation (NasdaqGS:XRX)'s Equity Buyback Plan announced on July 26, 2018.

2022-02-23 16:42:00

From October 1, 2021 to October 25, 2021, the company has repurchased 0 shares, representing 0% for $0 million. With this, the company has completed the repurchase of 80,827,522 shares, representing 36.95% for $2,099.47 million under the buyback announced on July 26, 2018.

Positive

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Mar-30-2022

2022-02-18 00:00:00

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Mar-30-2022

Neutral

Vertex Manufacturing Partners with Xerox Elem Additive Solutions to Provide Aluminum 3D Printing to Industrial Customer Base

2022-02-10 14:00:00

Xerox Elem Additive Solutions and trusted industrial manufacturer, Vertex Manufacturing announced an agreement to add the Xerox ElemX 3D Printer to Vertex’s Cincinnati facility and begin offering contract manufacturing services with Xerox’s liquid metal capabilities. The ElemX leverages Xerox’s liquid metal technology that uses cost-effective aluminum wire and is easily deployed, requiring no special facility modifications for operation. Unlike many metal 3D printing technologies, the ElemX requires minimal post-processing and therefore provides a faster time-to-part. By adding the ElemX to its existing fleet of advanced manufacturing technologies, Vertex bolsters its capabilities and becomes a valuable addition to the Xerox Elem Additive Solutions Manufacturing Partner Network. The ElemX 3D Printer was commercially introduced in February 2021, and over the past year, Elem Additive Solutions has grown significantly, including opening an Additive Manufacturing Center of Excellence in Cary, NC. This contract manufacturing agreement with Vertex is another important milestone for Xerox. ElemX is a safer and simpler metal 3D printing technology addressing supply chain resiliency for transportation, aerospace, defense and industrial manufacturing. Until now, the ability to 3D print aluminum consistently and reliably has challenged the market. Unlike other metal 3D printing technologies, there are no hazardous metal powders with ElemX and no need for PPE or other considerable safety measures. Engineered to bring simplicity to the supply chain process, ElemX is the ideal option for spares, repairs and low-volume production parts.

Positive

Xerox Introduces the Xerox High Capacity XLS Vacuum Feeder

2022-02-09 14:00:00

Xerox announced the addition of the Xerox High Capacity XLS Vacuum Feeder allowing customers to advance the core capabilities of their Xerox Iridesse Production Press and Xerox Versant Presses when running every job, even those using longer sheet sizes. Xerox’s advanced vacuum-feed technology provides improvements in feeding reliability boosting productivity and functionality for extra-long sheets (XLS). Longer sheets run at production volumes, empowering customers to confidently offer new applications to their portfolio such as posters/banners, signage, book covers and other unique XLS jobs, expanding their profit potential. The feeder update catapults production feeding by application of vacuum and air-assist technologies throughout the entire feeding process from sheet separation to paper path insertion. In addition, the technology employs a shuttle head with a unique contouring design, setting Xerox’s vacuum technology apart by making multi-sheet misfeeds virtually impossible. Xerox High Capacity XLS Vacuum Feeders are immediately available on the Xerox Iridesse Production Press and Xerox Versant 4100 Press. Availability on the Xerox Versant 280 Press forthcoming.

Positive

Xerox Holdings Corporation (NasdaqGS:XRX) acquired Powerland for CAD 76 million.

2022-02-02 00:00:00

Xerox Holdings Corporation (NasdaqGS:XRX) acquired Powerland for CAD 76 million on February 2, 2022. Consideration was paid in cash. 7 Mile Advisors, LLC acted as financial advisor to the company. Xerox Holdings Corporation (NasdaqGS:XRX) completed the acquisition of Powerland on February 2, 2022. In February 2022, Xerox acquired Powerland for approximately CAD 76 million, which includes certain holdbacks and payment of assumed tax liabilities. The acquisition also includes contingent consideration up to approximately CAD 28 million based on future performance of the acquisition over the next two years.

Neutral

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022

2021-12-21 09:47:00

JPMorgan Chase & Co., J.P. Morgan’s 50th Annual Global Technology, Media and Communications Conference 2022, May 23, 2022 through May 25, 2022. Venue: Westin Boston Seaport District, Boston, Massachusetts, United States.

Neutral

Loop Capital Markets LLC, Loop Capital Non-Deal Roadshow, Dec 13, 2021

2021-11-30 14:09:00

Loop Capital Markets LLC, Loop Capital Non-Deal Roadshow, Dec 13, 2021.

Neutral

Xerox Holdings Corporation Presents at Loop Capital Non-Deal Roadshow, Dec-13-2021

2021-11-30 14:09:00

Xerox Holdings Corporation Presents at Loop Capital Non-Deal Roadshow, Dec-13-2021 . Speakers: David James Beckel, VP & Head of Investor Relations, Giovanni G. Visentin, Vice Chairman & CEO, Louis J. Pastor, Executive VP, Chief Corporate Development Officer & Chief Legal Officer, Xavier Heiss, Executive VP & CFO.

Neutral

Xerox Holdings Corporation Presents at Raymond James Virtual Technology Investors Conference 2021, Dec-06-2021 10:30 AM

2021-11-30 14:09:00

Xerox Holdings Corporation Presents at Raymond James Virtual Technology Investors Conference 2021, Dec-06-2021 10:30 AM. Speakers: David James Beckel, VP & Head of Investor Relations, Giovanni G. Visentin, Vice Chairman & CEO, Louis J. Pastor, Executive VP, Chief Corporate Development Officer & Chief Legal Officer, Xavier Heiss, Executive VP & CFO.

Negative

Xerox Holdings Corporation Announces Executive Changes

2021-11-12 12:02:00

Xerox Holdings Corporation announced on November 12, 2021 that Aris Kekedjian has resigned from the Boards of Directors of the Company and Xerox Corporation effective November 5, 2021. The resignations were not the result of any disagreement with the Company or Xerox Corporation. The Company further announced that Jesse A. Lynn has been appointed as a Director of the Company and Xerox Corporation, effective November 11, 2021, and that Mr. Lynn will serve as a member of the Corporate Governance Committee of the Board of Directors of the Company. Mr. Lynn will replace Mr. Kekedjian as one of the Icahn Designees under the Nomination and Standstill Agreement dated January 26, 2021 by and among The Icahn Group and the Company. Mr. Lynn will receive the standard director compensation provided by the Company to its non-employee directors as described in the Company’s Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 7, 2021 (pro-ratedto reflect the period of actual service).

Positive

Xerox Holdings Corporation Announces New Xerox® Workflow Central

2021-11-02 10:00:00

Xerox announced the new Xerox® Workflow Central, a secure, cloud-based software platform providing access to workflow automation and digitization tools, helping today’s teams overcome everyday workflow challenges for unstoppable productivity, from any location, at any time. Through Xerox’s award winning ConnectKey® technology, Xerox Workflow Central makes it easy to transform documents seamlessly from any PC, tablet, mobile device or multifunction printer. Both paper and digital documents can be altered instantly from one platform for use consistency, regardless of device. With Microsoft Azure security at every level, transformed documents can confidently be accessed and shared with the knowledge that data and documents are protected through encryption and password protection services. A recent survey conducted by Morning Consult found that 81% of small and medium businesses are more reliant on innovation to get work done, providing an opportunity for solutions-based companies like Xerox to provide resources and adaptable tools to help meet those needs for their clients. Global organizations, such as Aspen Pharmacare, are using Xerox Workflow Central to send and share documents needed to be translated for ease when working across languages and countries. Accurate, quick and reliable translations are currently helping Aspen employees process documents faster, no matter location, improving accuracy and allowing them to provide quicker, precise service to customers.

Neutral

Xerox Holdings Corporation Presents at NextGen Supply Chain Conference, Nov-02-2021 01:35 PM

2021-10-29 16:06:00

Xerox Holdings Corporation Presents at NextGen Supply Chain Conference, Nov-02-2021 01:35 PM. Speakers: William McCall, Consultant, XEROX AM.

Neutral

Peerless Media, LLC, NextGen Supply Chain Conference, Nov 02, 2021 through Nov 04, 2021

2021-10-28 00:00:00

Peerless Media, LLC, NextGen Supply Chain Conference, Nov 02, 2021 through Nov 04, 2021.

Negative

Xerox Holdings Corporation Reduces Revenue Guidance for the Year 2021

2021-10-26 10:44:00

Xerox Holdings Corporation reduced revenue guidance for the year 2021. For the year, the company expects revenue guidance to approximately $7.1 billion in actual currency ($7.0 billion in constant currency).

Negative

Xerox Holdings Corporation Announces Asset Impairments for the Third Quarter Ended September 30, 2021

2021-10-26 10:44:00

Xerox Holdings Corporation announced asset impairments for the third quarter ended September 30, 2021. For the quarter, the company's asset impairments was $3 million.

Positive

Xerox Holdings Corporation (NasdaqGS:XRX) announces an Equity Buyback for $500 million worth of its shares.

2021-10-26 06:44:00

Xerox Holdings Corporation (NasdaqGS:XRX) announces a share repurchase program. Under the program, the company will repurchase up to $500 million worth of its shares.

Neutral

Tranche Update on Xerox Holdings Corporation (NasdaqGS:XRX)'s Equity Buyback Plan announced on July 26, 2018.

2021-10-26 06:44:00

From July 1, 2021 to September 30, 2021, the company has repurchased $87.33 million worth of its shares. With this, the company has completed the repurchase of $2,099.45 million worth of its shares under the buyback announced on July 26, 2018.

Positive

Xerox Holdings Corporation authorizes a Buyback Plan.

2021-10-26 00:00:00

The Board of Directors of Xerox Holdings Corporation has authorized a Buyback Plan on October 26, 2021.

Positive

Xerox Holdings Corporation's Equity Buyback announced on July 26, 2018, has expired with 80,827,522 shares, representing 36.95% for $2,099.47 million.

2021-10-25 00:00:00

The company expired its plan on October 27, 2021.

Positive

Xerox Holdings Corporation Directors Declares Quarterly Dividend, Payable on January 31, 2022

2021-10-21 17:30:00

Xerox Holdings Corporation announced that its board of directors declared a quarterly dividend of $0.25 per share on the company’s common stock. The dividend is payable on January 31, 2022 to shareholders of record on December 31, 2021.

Positive

Xerox Holdings Corporation Declares Quarterly Dividend on Preferred Stock, Payable on January 1, 2022

2021-10-21 17:30:00

The board of Xerox Holdings Corporation declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on January 1, 2022 to shareholders of record on December 15, 2021.

Positive

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Dec-30-2021

2021-10-21 00:00:00

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Dec-30-2021

Neutral

Xerox Holdings Corporation, Q3 2021 Earnings Call, Oct 26, 2021

2021-10-19 13:00:00

Xerox Holdings Corporation, Q3 2021 Earnings Call, Oct 26, 2021

Neutral

Xerox Holdings Corporation to Report Q3, 2021 Results on Oct 26, 2021

2021-10-19 13:00:00

Xerox Holdings Corporation announced that they will report Q3, 2021 results at 6:30 AM, US Eastern Standard Time on Oct 26, 2021

Neutral

Xerox Holdings Corporation Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 09:55 AM

2021-10-18 15:12:00

Xerox Holdings Corporation Presents at Credit Suisse 25th Annual Technology Conference, Dec-01-2021 09:55 AM. Venue: The Phoenician Hotel, Scottsdale, Arizona, United States.

Positive

Xerox Holdings Corporation (NasdaqGS:XRX) acquired Competitive Computing, Inc. on October 5, 2021.

2021-10-05 00:00:00

Xerox Holdings Corporation (NasdaqGS:XRX) acquired Competitive Computing, Inc. on October 5, 2021. BellMark Partners, LLC and Gravel & Shea PC as financial and legal advisor for Competitive Computing respectively. Xerox Holdings Corporation (NasdaqGS:XRX) completed the acquisition of Competitive Computing, Inc. on October 5, 2021.

Positive

Xerox Holdings Corporation(NasdaqGS:XRX) added to NASDAQ Composite Index

2021-09-22 00:00:00

Xerox Holdings Corporation has been added to NASDAQ Composite Index .

Negative

Xerox Holdings Corporation Promotes Deena Lamarque Piquion as Chief Marketing Officer

2021-09-20 13:00:00

Xerox Holdings Corporation announced the promotion of Deena LaMarque Piquion as Chief Marketing Officer. Previously serving as Senior Vice President and General Manager of Xerox’s Latin America Operations, Piquion brings 20 years of experience leading sales, marketing and operations teams for information technology companies. As CMO, Piquion will lead Xerox’s marketing functions. She will be responsible for enabling go-to-market teams to generate revenue and for building awareness and demand for Xerox’s offerings and new businesses. Piquion will serve as a member of the company’s Executive Committee and report to Vice Chairman and CEO, John Visentin.

Neutral

Raymond James & Associates, Inc., Raymond James Virtual Technology Investors Conference 2021, Dec 06, 2021 through Dec 08, 2021

2021-09-16 22:54:00

Raymond James & Associates, Inc., Raymond James Virtual Technology Investors Conference 2021, Dec 06, 2021 through Dec 08, 2021.

Negative

Xerox Holdings Corporation Primary Exchange Listing will Change to Nasdaq Global Select from New York Stock Exchange

2021-09-09 10:30:00

Effective September 21, 2021, Xerox Holdings Corporation primary exchange listing will change to Nasdaq Global Select from New York Stock Exchange.

Neutral

Xerox Holdings Corporation Presents at RAPID + TCT 2021, Sep-13-2021 04:00 PM

2021-09-07 14:38:00

Xerox Holdings Corporation Presents at RAPID + TCT 2021, Sep-13-2021 04:00 PM. Venue: McCormick Place, Chicago, Illinois, United States. Speakers: David James Beckel, VP & Head of Investor Relations, Naresh K. Shanker, Senior VP, CTO & Head of Palo Alto Research Center, Tali Rosman, general manager, 3D Printing, Timothy Schniepp.

Neutral

Xerox Holdings Corporation - Special Call

2021-09-02 10:30:00

To discuss formation of CareAR Software Business

Positive

Castor Technologies Ltd. announced that it has received $3.5 million in funding from Xerox Holdings Corporation, Spring Ventures Ltd

2021-08-16 00:00:00

Castor Technologies Ltd. announced that it has received $3,500,000 in a round of funding co-led by new investors Xerox Holdings Corporation and Spring Ventures Ltd on August 16, 2021.

Neutral

Xerox Holdings Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-15-2021 09:40 AM

2021-08-11 17:24:00

Xerox Holdings Corporation Presents at Citi 2021 Global Technology Virtual Conference, Sep-15-2021 09:40 AM. Speakers: David James Beckel, VP & Head of Investor Relations, John Visentin, vice chairman and chief executive officer, Louie Pastor, executive vice president and chief corporate development officer and chief legal officer, Xavier Heiss, Executive VP & CFO.

Neutral

Rapid News Group, SME, RAPID + TCT 2021, Sep 13, 2021 through Sep 15, 2021

2021-08-04 15:14:00

Rapid News Group, SME, RAPID + TCT 2021, Sep 13, 2021 through Sep 15, 2021. Venue: McCormick Place, Chicago, Illinois, United States.

Neutral

Xerox Holdings Corporation Maintains Earnings Guidance for the Full Year 2021

2021-07-27 12:00:00

Xerox Holdings Corporation maintained earnings guidance for the full year 2021. The company is maintaining its full year guidance of at least $7.2 billion of revenue.

Neutral

Xerox Holdings Corporation Announces Amendments to Bylaws

2021-07-27 10:45:00

Xerox Holdings Corporation announced that on July 22, 2021, the Board of Directors of the company amended Sections 1 and 10 of Article IV of XHC’s bylaws to clarify the roles and responsibilities of the Chairman of the Board and the President.

Neutral

Tranche Update on Xerox Holdings Corporation (NasdaqGS:XRX)'s Equity Buyback Plan announced on July 26, 2018.

2021-07-27 00:00:00

From April 1, 2021 to June 30, 2021, the company has repurchased 10,362,722 shares, representing 5.4% for $250.41 million. With this, the company has completed the repurchase of 77,096,594 shares, representing 34.91% for $2,012.13 million under the buyback announced on July 26, 2018.

Positive

Xerox Holdings Corporation Declares Quarterly Dividend on Series A Convertible Perpetual Preferred Stock, Payable on October 1, 2021

2021-07-22 20:00:00

Xerox Holdings Corporation declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2021 to shareholders of record on September 15, 2021.

Positive

Xerox Holdings Corporation Declares Quarterly Dividend on Common Stock, Payable on November 1, 2021

2021-07-22 20:00:00

Xerox Holdings Corporation announced that its board of directors declared a quarterly dividend of $0.25 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on November 1, 2021 to shareholders of record on September 30, 2021.

Positive

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Sep-29-2021

2021-07-22 00:00:00

Xerox Holdings Corporation, $ 0.25, Cash Dividend, Sep-29-2021

Neutral

Xerox Holdings Corporation to Report Q2, 2021 Results on Jul 27, 2021

2021-07-20 20:00:00

Xerox Holdings Corporation announced that they will report Q2, 2021 results at 6:30 AM, US Eastern Standard Time on Jul 27, 2021

Neutral

Xerox Holdings Corporation, Q2 2021 Earnings Call, Jul 27, 2021

2021-07-20 20:00:00

Xerox Holdings Corporation, Q2 2021 Earnings Call, Jul 27, 2021

Positive

LinkSquares, Inc. announced that it has received $40 million in funding from a group of investors

2021-07-14 00:00:00

On July 14, 2021, Linksquares, Inc. closed the transaction. The company amended terms of the transaction. The company received $2,050,041 in its second tranche closing. The transaction is led by new investor Sorenson Capital and included participation from new investors Catalyst Investors, L.L.C., Xerox Holdings Corporation, Bottomline Technologies (de), Inc., DraftKings’ founders and key legal and compliance executives, returning investors BGV Management, LLC, MassMutual Ventures LLC, First Ascent Ventures and other investors. As part of the transaction, Brady Broadbent from Sorenson Capital and Danielle Sheer from Bottomline Technologies (de), Inc. has joined the board of directors of the company.

Neutral

Xerox Holdings Corporation has filed a Shelf Registration in the amount of $11.915 million.

2021-06-29 00:00:00

Xerox Holdings Corporation has filed a Shelf Registration in the amount of $11.915 million. Security Name: Common Stock Securities Offered: 500,000 Transaction Features: ESOP Related Offering

Neutral

Xerox Holdings Corporation has filed a Shelf Registration in the amount of $304.45961 million.

2021-06-29 00:00:00

Xerox Holdings Corporation has filed a Shelf Registration in the amount of $304.45961 million. Security Name: Common Stock Securities Offered: 12,776,316 Transaction Features: ESOP Related Offering

Fundamental Summary

Xerox's financial results from Q1 demonstrated decent performance, but will likely only help Xerox remain on par with its peers. It is highly likely that it will be mostly tethered to market performance and sector movements for the near term. Therefore, Xerox received an overall score of 69, translating into a HOLD ranking.

Xerox reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 592 million compared to USD 602 million a year ago. Revenue was USD 1,668 million compared to USD 1,710 million a year ago. Net loss was USD 56 million compared to net income of USD 39 million a year ago. Basic loss per share from continuing operations was USD 0.38 compared to basic earnings per share from continuing operations of USD 0.18 a year ago. Diluted loss per share from continuing operations was USD 0.38 compared to diluted earnings per share from continuing operations of USD 0.18 a year ago.

Business Description

Xerox, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. The company also provides graphic communications and production solutions; and IT services, end user computing devices, network infrastructure, communications technology, and a range of managed IT solutions, such as technology product support, professional engineering, and commercial robotic process automation. In addition, it provides FreeFlow a portfolio of software solutions for the automation and integration to the processing of print job comprises file preparation, final production, and electronic publishing; XMPie, a personalization and communication software that support the needs of omni-channel communications customers; DocuShare, a content management platform to capture, store, and share paper and digital content; and CareAR, an enterprise augmented reality business. Further, the company sells paper products and wide-format systems. The company sells its products and services directly to its customers through its direct sales force, as well as through independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. Xerox was founded in 1906 and is headquartered in Norwalk, Connecticut.

Sector Overview

Xerox is included in the Technology Hardware, Storage & Peripherals according to GICS (global industry classification standard). The Technology Hardware, Storage & Peripherals industry is part of the Information Technology sector. It includes manufacturers of mobile phones, PCs, servers, electronic computer components and peripherals. Xerox's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Assets 13,082.0 -1.1% 77
Liabilities 8,669.0 1.3% 67
Price to Book 0.7 -14.5% 56
Cash & Equivalents 1,681.0 -8.6% 58
Equity 4,184.0 -5.7% 60
EBITDA 742.0 -14.0% 46
Total Revenues 6,996.0 -0.6% 88
Parameter Value Change Score
Return on Equity -11.0 -26.2% 45
Net Cashflow -700.0 10.5% 59
Capital Expenditure -67.0 1.5% 77
Asset Turnover 0.5 1.6% 75
Free Cashflow 2.9 -3.9% 64

* All values are TTM

The below chart reflects Xerox's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Xerox's peer average final assessment score stands on 75.0, Xerox's score is 69.

  •  XRX
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Apple Inc. 2.3T 53 74 84
Hold
75
75 0 1
Seagate Technology Holdings plc 15.9B 56 79 76
Hold
76
76 1 1
Western Digital Corporation 14.9B 59 82 70
Hold
76
76 2 1
NetApp, Inc. 14.9B 62 70 55
Hold
61
61 3 1
Super Micro Computer, Inc. 2.2B 93 69 62
Buy
81
81 4 1
Corsair Gaming, Inc. 1.4B 52 71 40
Underperform
48
48 5 1
Stratasys Ltd. 1.3B 57 58 55
Underperform
50
50 6 1
Avid Technology, Inc. 1.2B 49 75 74
Hold
68
68 7 1
Dell Technologies Inc. 37.2B 54 69 72
Hold
66
66 8 1
HP Inc. 36.5B 95 73 57
Buy
82
82 9 1
Hewlett Packard Enterprise Company 18.4B 63 73 66
Hold
70
70 10 1
Pure Storage, Inc. 8.0B 55 71 95
Buy
81
81 11 1
3D Systems Corporation 1.3B 45 67 55
Underperform
50
50 12 1
IonQ, Inc. 957.0M 37 43 82
Underperform
44
44 13 1
Nano Dimension Ltd. 834.0M 82 45 70
Hold
69
69 14 1
Canaan Inc. 600.4M 81 64 57
Hold
68
68 15 1
CompoSecure, Inc. 441.4M 59 58 58
Underperform
53
53 16 1
Eastman Kodak Company 419.9M 58 68 57
Underperform
58
58 17 1
Coolpad Group Limited 275.6M 53 80 58
Underperform
58
58 18 1
Turtle Beach Corporation 227.4M 67 69 60
Hold
68
68 19 1
Diebold Nixdorf, Incorporated 190.3M 54 72 53
Underperform
57
57 20 1

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Xerox's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Xerox's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 52.

Bearish 52
Close Price 16.22
52W Low 15.51
52W High 24.81
5D MA 15.98
50D MA 17.58
200D MA 19.84
MACD -0.61
RSI 6.12
STOCH 19.94

Balance Sheet Analysis

Xerox appears likely to maintain its strong balance sheet metrics and momentum going forward. The company's assets section could set high expectations for Xerox's future attractiveness, as they went to 13082.0, which is a -1.1% change from the last period. These results, specifically in contrast to their industry peers' performance, should support an upswing in the company's stock price. The company's asset component, therefore, received a grade of 77. Also, Xerox has done an excellent job managing its liabilities. Xerox's liabilities stood at 8669.0 in the current filing, which represents a 1.3% change from the previous report. These numbers show that management has successfully encouraged growth while managing liabilities, especially relative to their peers. These results statistically lead to positive movement in stock prices, so we rated its liabilities movement component 67. However, one discouraging result, Book Value Factors, stood out. Xerox's price to book ratio (P/B) was reported as 0.7 and represents -14.5% change from the previous report. This characteristic can affect companies in the same industry and market capitalization by up to 8.8%. They does not yet appear to be headed in the right direction to achieve strong book value metrics. Consequently, their book value factors movement received a grade of 56. Because its management is doing an excellent job managing these critical metrics, the balance sheet was given a score of 62.

Parameter Value Change Score
Assets 13,082.0 -1.1% 77
Liabilities 8,669.0 1.3% 67
Price to Book 0.7 -14.5% 56
Cash & Equivalents 1,681.0 -8.6% 58
Equity 4,184.0 -5.7% 60
* All values are TTM

The below chart describes Xerox's performance as reflected on its balance sheet with respect to its peers. While Xerox received a balance sheet score of 62, the average of its peers stands on 70.0.

  •  XRX
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Apple Inc. 2.3T 50 80 60 46 56 53 0 1
Seagate Technology Holdings plc 15.9B 60 80 58 46 52 56 1 1
Western Digital Corporation 14.9B 60 77 55 68 62 59 2 1
NetApp, Inc. 14.9B 78 67 60 67 52 62 3 1
Super Micro Computer, Inc. 2.2B 89 62 93 70 90 93 4 1
Corsair Gaming, Inc. 1.4B 50 72 64 38 63 52 5 1
Stratasys Ltd. 1.3B 58 81 47 88 54 57 6 1
Avid Technology, Inc. 1.2B 52 82 43 45 59 49 7 1
Dell Technologies Inc. 37.2B 56 80 57 44 55 54 8 1
HP Inc. 36.5B 71 73 97 91 92 95 9 1
Hewlett Packard Enterprise Company 18.4B 52 78 73 46 67 63 10 1
Pure Storage, Inc. 8.0B 42 82 62 66 57 55 11 1
3D Systems Corporation 1.3B 57 80 46 38 45 45 12 1
IonQ, Inc. 957.0M 38 74 53 37 49 37 13 1
Nano Dimension Ltd. 834.0M 96 85 59 48 60 82 14 1
Canaan Inc. 600.4M 76 62 88 67 83 81 15 1
CompoSecure, Inc. 441.4M 58 64 66 44 82 59 16 1
Eastman Kodak Company 419.9M 67 70 55 53 66 58 17 1
Coolpad Group Limited 275.6M 48 86 47 63 45 53 18 1
Turtle Beach Corporation 227.4M 39 80 69 86 67 67 19 1
Diebold Nixdorf, Incorporated 190.3M 65 83 43 40 56 54 20 1

Income Statement Analysis

Xerox appears likely to maintain its strong income statement metrics, especially Revenue Efficiency and EBITDA. Xerox reported highly encouraging numbers for its revenue efficiency. This parameter often affects companies in the same industry and market capitalization by up to 18.5%. Their revenue efficiency, specifically in contrast to their industry peers', should support a positive movement in the company's stock price. As a result, its revenue efficiency earned a score of 88. Also, Xerox's management was effective in improving its EBIDTA, which now sits at 742.0 and represents a -14.0% change from the last reporting period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 13.2%. The company is headed in the right direction regarding EBITDA, exhibiting efficient capital controls and strong overall financial performance. Therefore, its EBITDA component earned a score of 46. That said, one metric, Return Factors, stood out as strongly negative. Xerox's reported return on equity (ROE) ratio was -11.0, representing a change of -26.2%. This metric might have a 3.1 percent impact on companies in the same industry and with the same market capitalization. The company's return factor metrics return on equity and return on assets are even more concerning when compared to their peers. Its return factors (ROA & ROE) components, therefore, received a grade of 45. their income statement received an overall score of 69.

Parameter Value Change Score
EBITDA 742.0 -14.0% 46
Total Revenues 6,996.0 -0.6% 88
Return on Equity -11.0 -26.2% 45
* All values are TTM

The below chart describes Xerox's performance as reflected on its income statement with respect to its peers. While Xerox received a income statement score of 69 , the average of its peers stands on 74.0.

  •  XRX
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Apple Inc. 2.3T 76 67 79 74 0 1
Seagate Technology Holdings plc 15.9B 83 69 90 79 1 1
Western Digital Corporation 14.9B 80 83 71 82 2 1
NetApp, Inc. 14.9B 76 63 52 70 3 1
Super Micro Computer, Inc. 2.2B 43 95 95 69 4 1
Corsair Gaming, Inc. 1.4B 97 41 39 71 5 1
Stratasys Ltd. 1.3B 61 48 81 58 6 1
Avid Technology, Inc. 1.2B 79 68 69 75 7 1
Dell Technologies Inc. 37.2B 68 65 82 69 8 1
HP Inc. 36.5B 81 61 64 73 9 1
Hewlett Packard Enterprise Company 18.4B 85 56 61 73 10 1
Pure Storage, Inc. 8.0B 46 97 96 71 11 1
3D Systems Corporation 1.3B 91 38 42 67 12 1
IonQ, Inc. 957.0M 37 47 61 43 13 1
Nano Dimension Ltd. 834.0M 37 46 73 45 14 1
Canaan Inc. 600.4M 38 93 77 64 15 1
CompoSecure, Inc. 441.4M 51 69 53 58 16 1
Eastman Kodak Company 419.9M 75 61 49 68 17 1
Coolpad Group Limited 275.6M 98 58 63 80 18 1
Turtle Beach Corporation 227.4M 96 41 42 69 19 1
Diebold Nixdorf, Incorporated 190.3M 92 42 73 72 20 1

Cash Flow Analysis

Xerox appears likely to maintain its strong cash flow metrics and momentum going forward. Xerox's published capital expenditures (CapEx) numbers were encouraging and reflected management's balanced change strategy. Xerox recorded CapEx of -67.0, which represents 1.5% change from the previous report. This performance is all the more impressive relative to their peers and competitors. Therefore, its CapEx movement component earned a score of 77. Also, Xerox is doing a remarkable job of keeping its asset turnover under control. At filing, their asset turnover metrics were 0.5, representing a 1.6% change from the previous period. This metric might have a 10.7 percent impact on companies in the same industry and with the same market capitalization. Its asset turnover metrics are especially remarkable relative to their peers. We believe the stock price has room to grow to reflect its intrinsic value accurately. Correspondingly, their asset turnover movement received a grade of 75. However, one discouraging result, Net Cash Flow, stood out. Xerox's net cash flow metrics were -700.0 according to their current filing, which represents a 10.5% change from the previous report. As demonstrated by these concerning net cash flow metrics, their priorities seem to be headed in the wrong direction. Consequently, their net cash flow movement received a grade of 59. Because its management is doing an excellent job managing these critical metrics, the cash flow was given a score of 69.

Parameter Value Change Score
Net Cashflow -700.0 10.5% 59
Capital Expenditure -67.0 1.5% 77
Asset Turnover 0.5 1.6% 75
Free Cashflow 2.9 -3.9% 64
* All values are TTM

The below chart describes Xerox's performance as reflected on its cash flow with respect to its peers. While Xerox received a cash flow score of 69, the average of its peers stands on 70.0.

  •  XRX
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Apple Inc. 2.3T 76 75 68 91 84 0 1
Seagate Technology Holdings plc 15.9B 64 77 76 79 76 1 1
Western Digital Corporation 14.9B 65 82 54 70 70 2 1
NetApp, Inc. 14.9B 77 58 37 53 55 3 1
Super Micro Computer, Inc. 2.2B 51 51 90 68 62 4 1
Corsair Gaming, Inc. 1.4B 50 37 48 46 40 5 1
Stratasys Ltd. 1.3B 83 37 77 51 55 6 1
Avid Technology, Inc. 1.2B 58 59 45 94 74 7 1
Dell Technologies Inc. 37.2B 68 50 68 85 72 8 1
HP Inc. 36.5B 56 59 60 59 57 9 1
Hewlett Packard Enterprise Company 18.4B 77 52 62 71 66 10 1
Pure Storage, Inc. 8.0B 94 91 64 97 95 11 1
3D Systems Corporation 1.3B 58 40 61 65 55 12 1
IonQ, Inc. 957.0M 69 66 54 98 82 13 1
Nano Dimension Ltd. 834.0M 69 70 74 55 70 14 1
Canaan Inc. 600.4M 67 69 73 46 57 15 1
CompoSecure, Inc. 441.4M 77 76 46 48 58 16 1
Eastman Kodak Company 419.9M 84 50 50 54 57 17 1
Coolpad Group Limited 275.6M 59 74 79 43 58 18 1
Turtle Beach Corporation 227.4M 87 38 87 51 60 19 1
Diebold Nixdorf, Incorporated 190.3M 38 38 59 72 53 20 1

This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.