Thread regarding Xerox Corp. layoffs

So no Goodwill Testing this Q

They have to do it once a year, by SEC regulation, and 3 quarters are gone now, so it will be December. As bad as it was, the next call will be a lot worse.


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| 1111 views | | 7 replies (last October 30) | Reply
Post ID: @OP+1k8vbvnmk

7 replies (most recent on top)

$10 a share, I meant

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Post ID: @ab+1k8vbvnmk

Double, or thereabouts. Without regular business losses, the Goodwill cram down will be around $1 a share in Q4. There will also be good old fashioned business losses in Q4, so maybe 13-14 dollars

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Post ID: @aa+1k8vbvnmk

@a7 “were all going mad”’lmao that was good. Yeh yeh your right scrolled down and correct. So if it’s q4 then it’s gonna be even more of a nightmare?

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Post ID: @a9+1k8vbvnmk

Looks like you're right. I heard SB say it today before I looked at the financials. GW only up $245 rom LEX?

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Post ID: @a8+1k8vbvnmk

We're all going mad, but no they didn't
https://investors.xerox.com/news-releases/news-release-details/xerox-releases-third-quarter-results-1

go down to 'Goodwill' nothing this year so far, that $6.01was just regular losses

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Post ID: @a7+1k8vbvnmk

@OP thought they did 1 billion today in the results? Or am I going mad?

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Post ID: @a5+1k8vbvnmk

Except they took $1B in Q3….

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Post ID: @a3+1k8vbvnmk

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