Xerox Revenue Falls As Printer Sales Decline

Xerox Corp (XRX.N), best known as a maker of printers and copiers, reported a 3.5 percent fall in quarterly revenue as printer sales declined.

Net income attributable to Xerox fell to $156 million, or 13 cents per share, for the fourth quarter ended Dec. 31 from $306 million, or 24 cents per share, a year earlier.

Revenue fell to $5.03 billion from $5.21 billion.

REUTERS