---
schema_version: "secwatch.filing_event.v1"
accession: "0001770450-24-000026"
form_type: "8-K"
ticker: null
cik: "0000108772"
company_name: "XEROX CORP"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:20:26.570740+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Xerox Q1 revenue falls 12.4% to $1.50B; GAAP net loss $0.94 per share

## Summary
- GAAP net loss of $(113)M, $(0.94) per share; adjusted EPS $0.06, down 87.8% YoY.
- Revenue $1.50B, down 12.4% (13.2% CC); Print and Other down 12.6%, XFS down 10.8%.
- Adjusted operating margin 2.2%, 470 bps lower; operating cash flow $(79)M, FCF $(89)M.
- Includes $100M after-tax restructuring charges ($0.80 per share) related to Reinvention plan.
- CEO says results below expectations but confident in operating model changes and targets.

## SEC filing metadata
- accession: 0001770450-24-000026
- form_type: 8-K
- cik: 0000108772
- company_name: XEROX CORP
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108772/000177045024000026/0001770450-24-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108772/000177045024000026/xrx-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001770450-24-000026
- JSON: https://secwatch.observer/filing/0001770450-24-000026.json
- Plain text: https://secwatch.observer/filing/0001770450-24-000026.txt

## Key facts
- Earnings Releases
  XEROX CORP reported first quarter 2024 results: revenue $1.50 billion, net income GAAP net loss of $(113) million, or $(0.94) per share.
  - Period: first quarter 2024
  - Revenue: $1.50 billion
  - Net income: GAAP net loss of $(113) million, or $(0.94) per share
  - Result: reported results
  source text: Results Implemented comprehensive changes to operating model; on track to meet Reinvention targets despite a challenging first quarter Financial Summary Q1 2024 • Revenue of $1.50 billion, down 12.4 percent, or 13.2 percent in constant currency. • GAAP net loss of $(113) million, or $(0.94) per share, a decrease of $184 million or $1.37 per share, year-over-year,
  evidence_url: https://www.sec.gov/Archives/edgar/data/108772/000177045024000026/0001770450-24-000026-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.