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Xerox revenues up 12%

By: WROC-TV
Updated: October 19, 2007
xerox-newlogo2007-10-19-1192824573.JPGProfits fell at Xerox this quarter. But, revenue, sales and expectations all were up. Xerox is reporting it made $254 million in the third quarter. That's down 53% from a year ago. But, decrease includes restructuring and litigation charges. Revenue rose 12% percent to $4.3 billion. CEO Anne Mulcahy says the quarter's solid results are quote "proof positive our business model is working."

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