Xerox profits soar


21 October 2004 – Stamford (CT): Boosted by a strong demand for document services, Xerox has announced a 39 per cent rise in its Q3 profits.

The company earned $163 million, or EPS of $0.17, compared to $117 million, or EPS of $0.11, registered a year ago. Sales were slightly down from $3.73 billion to $3.72 billion.