Xerox reports fourth quarter loss

xerox 1959 adXerox

(Reuters) – Printer and copier maker Xerox Corp reported a quarterly loss on Wednesday as tumbling demand for office printing took a toll on its results.

The company reported a net loss from continuing operations of $ 196 million, or 78 cents per share, in the quarter ended Dec. 31, compared with a profit of $ 185 million, or 70 cents per share, a year earlier.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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