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Xerox Q1 revenue falls on lower printer sales
Add BT as a preferred sourcePublished Tue, Apr 26, 2016 · 09:50 PM
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New York
XEROX Corp reported a 4.2 per cent fall in quarterly revenue, hurt by lower sales of printers and copiers, and said that it expects to incur about US$100 million in restructuring costs in the second quarter.
The company's shares closed down about 13 per cent at US$9.68, their worst day since November 2009.
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