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Xerox Sees Low Numbers in Third Quarter Earnings

By: WROC-TV
Updated: October 23, 2012
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Third quarter earnings reports for Xerox released Tuesday show the company's profits falling.

Profits fell 12 percent to $282 million. That is compared to $320 million last year. Revenue also fell three percent to nearly $5.5 billion. Xerox says these grim numbers are based on poor sales, especially with the financial situation in Europe.



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