Business Context and Reporting Period
Xerox Holdings Corporation and Xerox Corporation furnished this Form 8-K on October 24, 2023, announcing combined third-quarter 2023 earnings. The filing covers results of operations and financial condition and incorporates the earnings press release as Exhibit 99.1.
Financial Results and Key Metrics
The provided filing text does not include the underlying earnings press release or specific figures for revenue, profit, cash flow, margins, debt, liquidity, or other financial metrics. It states that Exhibit 99.1 contains GAAP and non-GAAP financial measures and reconciliations.
Material Changes Versus the Prior Comparable Period
The filing text does not provide sufficient financial data to identify changes from the third quarter of 2022.
Guidance, Outlook, Risks, and Unusual Items
The filing text does not provide management guidance, outlook commentary, risk updates, contingencies, or unusual items. Management’s stated rationale for presenting non-GAAP measures is contained in the omitted Exhibit 99.1 press release.
Important Facts to Verify
- Obtain and review Exhibit 99.1 for the complete third-quarter 2023 earnings results.
- Verify reported revenue, adjusted and GAAP earnings, operating margins, cash flow, debt, liquidity, and year-over-year comparisons.
- Review the non-GAAP reconciliations and management’s explanation of their use.
- Check any forward guidance, outlook revisions, unusual charges, restructuring activity, or other contingencies disclosed in the earnings release.
- Note that the Item 2.02 information and Exhibit 99.1 are furnished, not filed, for Exchange Act purposes, except where expressly incorporated by reference.