First Quarter 2018 Highlights
Strong start to operating cash flow, at $216 million in the quarter
Continued revenue growth in managed document services and Global Imaging Systems operations
Adjusted operating margin of 10.4 percent, down 0.6 points year-over-year; operating margin, excluding equity income, up 0.5 points
Core operating profit, excluding equity income, grew 5 percent year-over-year
more detail at: https://www.news.xerox.com/internal_redirect/cms.ipressroom.com.s3.amazonaws.com/84/files/20184/New-Release-May-2-2018-Xerox-Reports-First-Quarter-2018-Results.pdf
Related Posts
THIRD QUARTER SUMMARY: GAAP Results: Revenue of $516 million (+7%), Operating Income of $46 million (+34%), and EPS of $0.63 (+62%) NINE MONTHS SUMMARY: GAAP Results: Revenue of $1,537 million (+9%), Operating Income of $161 million (+20%), EPS of $1.86 (-2%), Cash Provided by Operating Activities of $158 million (+2%)
It seems that Facebook has discovered what we all know – that print is the way to get your message across. The launch issue of Grow, “a quarterly magazine for business leaders” – by Facebook – quietly made its appearance in business class lounges at Heathrow and a few more exclusive spots in and around London in early June. Facebook explains its new print offering: The program is designed to deliver content in different formats that suit our audience. We know that business leaders have limited time for long reads at work, so we’ve also created a physical version with journeys in mind. We’re distributing this to clients directly as part of our marketing communications, and in selected airport and train business lounges where we know they are often to be found. Click Read More below for additional information.
For the third quarter to date, more than 93 percent of First-Class Mail was delivered on-time each week. For the past 14 weeks, more than 93 percent of Marketing Mail was delivered on-time. Through the first nine weeks of the third quarter, the average time for delivery of mail and packages across the postal network remained just 2.4 days. Third quarter service performance scores covering April 1 through June 3 included: *First-Class Mail: 93.5 percent of First-Class Mail delivered on time against the USPS service standard, an increase of 5.6 percentage points from the fiscal second quarter. *Marketing Mail: 94.8 percent of Marketing Mail delivered on time against the USPS service standard, an increase of 2.7 percentage points from the fiscal second quarter. *Periodicals: 86.5 percent of Periodicals delivered on time against the USPS service standard, an improvement of 5.1 percentage points from the fiscal second quarter.