Xerox Loses Steam In Q1, Stock Dips
Xerox Loses Steam In Q1, Stock Dips
Xerox Holdings Corp (NASDAQ: XRX) reported a fiscal first-quarter 2024 sales decline of 12.4% year-on-year to $1.50 billion, missing the consensus of $1.53 billion.
施樂控股公司（納斯達克股票代碼：XRX）報告稱，2024財年第一季度的銷售額同比下降12.4％，至15.0億美元，未達到預期的15.3億美元。
Revenues declined 13.2% at constant currency. Adjusted EPS of $0.06 missed the analyst consensus of $0.35. The stock price declined after the print.
按固定匯率計算，收入下降了13.2％。調整後的每股收益爲0.06美元，未達到分析師共識的0.35美元。印刷後股價下跌。
Equipment sales decreased by 25.8%, while post-sale revenue declined by 8.5%.
設備銷售下降了25.8％，而售後收入下降了8.5％。
Gross margin declined 480 basis points Y/Y to 29.5%. The equipment margin fell by 550 bps to 31.0%. The post-sale margin decreased by 460 bps to 29.1%.
毛利率同比下降480個點子至29.5％。設備利潤率下降了550個點子至31.0％。售後利潤率下降了460個點子至29.1％。
The company reported an adjusted operating income of $33 million, compared to $118 million last year, and the margin declined 470 basis points to 2.2%.
該公司報告調整後的營業收入爲3,300萬美元，而去年爲1.18億美元，利潤率下降了470個點子至2.2％。
Xerox held $685 million in cash and equivalents as of March 31, 2024. Operating cash flow for the quarter totaled $(79) million, with a free cash flow of $(89) million.
截至2024年3月31日，施樂持有6.85億美元的現金及等價物。該季度的運營現金流總額爲7900萬美元，自由現金流爲8900萬美元。
"We implemented comprehensive and strategic operating model changes to align our organization more closely with our buyers' needs and improve efficiency," said Steve Bandrowczak, CEO at Xerox.
施樂首席執行官史蒂夫·班德羅夫扎克表示：“我們實施了全面的戰略運營模式變革，以使我們的組織更緊密地滿足買家的需求並提高效率。”
FY24 Outlook: The company reiterated revenue of $6.54 billion – $6.68 billion vs. consensus of $6.71 billion. The company projected a free cash flow guidance of at least $600 million.
24財年展望：該公司重申收入爲65.4億美元——66.8億美元，而市場普遍收入爲67.1億美元。該公司預計自由現金流預期爲至少6億美元。
Xerox maintained an adjusted operating margin outlook of at least 7.5%.
施樂將調整後的營業利潤率展望維持在至少7.5％。
Xerox stock gained 21% in the last 12 months.
施樂股票在過去12個月中上漲了21％。
Investors can gain exposure to the stock via ProShares Trust ProShares Metaverse ETF (NYSE:VERS) and Direxion Work From Home ETF (NYSE:WFH).
投資者可以通過ProShares Trust ProShares Metaverse ETF（紐約證券交易所代碼：VERS）和Direxion From Home ETF（紐約證券交易所代碼：WFH）獲得股票敞口。
Price Action: XRX shares are trading lower by 10.8% at $14.65 at the last check Tuesday.
價格走勢：在週二的最後一次檢查中，XRX股價下跌10.8％，至14.65美元。
Photo via Wikimedia Commons
照片來自維基共享資源
譯文內容由第三人軟體翻譯。