Absolutely horrid. Deck was as thin as the substance, which given the size of the miss is really indicative: evident to all that xrx is more lipstick than pig. Only interesting part was the small print disclaimers; Non GAAP Financial Measures. If xrx was commonly held the market beating would have been enormous. Well done Xerox.
https://seekingalpha.com/article/4664918-xerox-holdings-corporation-2023-q4-results-earnings-call-presentation
5 replies (most recent on top)
Some how Xerox management will spin this off as a minor bump in the road
Blood 🩸 Money pal…
No idea why the stock is rising, but I'm making money!
Who cares?! Xerox employees (non exec / non stock). Be aware of who you’re actually pumping n dumping.
Who cares?! Oh yeah, the stock investors do and THEY ARE LOVING IT FOR NOW! That’s what really matters. Publicly traded company, not a private family company. Let them enjoy the ride. Stock is 10% up for now and rising!