Xerox Q2 earnings growth



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.