Xerox Q2 earnings growth

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25 July 2005 – Stamford (CT): Xerox has posted its financial results for Q2.

 

Earnings rose to $423 million, or EPS of $0.40 compared to $208 million, or EPS of $0.21 a year earlier. The earnings included a 33 cent per share gain from a recent IRS tax settlement, which was partially offset by restructuring charges of $0.13 per share.

 

Revenue increased 2 per cent to $3.92 billion.