Xerox Reports Today Its Full 2021 Year Financial Results

Today, Xerox Holdings Corporation announces its fourth-quarter and full-year 2021 financial results. Despite the challenges posed by the pandemic and the global supply chain disruptions, Xerox’s results improved in 2021. During the conference call, Chief Executive Officer Ken Thompson said that the company’s strategy was focused on driving continuous growth while protecting its core businesses.

For 2022, the company maintained its revenue guidance at a low-single-digit percentage increase. It is also expected to generate a free cash flow of at least $400 million. For 2022, the company’s revenue should be in the range of $7 billion to $7.8 billion. On a non-GAAP basis, adjusted earnings per share are expected to be in the range of $1.80 to $1.85.

Xerox

For over a century, Xerox has continuously pushed the envelope by developing new technologies and solutions that help people work better. From the office to the industrial environment, the company’s suite of services and solutions are designed to meet the needs of clients. Through its continuous innovation, Xerox is helping people work better. The company’s scientists and engineers are working on new technologies such as augmented reality and robotic process automation.