Xerox posts steep Q3 loss, lowers 2024 revenue outlook as demand for copiers declines
In a concerning turn, Xerox Holdings has reported a substantial third-quarter loss alongside a lowered revenue forecast for 2024. Amid waning demand for traditional office copiers and heightened competition in the digital space, the document management giant has faced a turbulent year. The company reported a $1.21 billion net loss, driven largely by a steady […]
