Norwalk-based Xerox Corp. recently released its second-quarter results, posting earnings of $266 million, or 22 cents a share, down from $271 million, or 21 cents a share, compared with the second quarter of 2013.
The company’s revenues totaled $5.3 billion, down 3 percent from the second quarter last year.
Income from the company’s services business, which represented 57 percent of total revenue for the quarter, was $3 billion, up 1 percent year over year. Revenue from the company’s document technology business, which represented 40 percent of income, was $2.1 billion, down 7 percent since last year.
Ursula Burns, Xerox CEO and chairwoman, said in a press release that good performance in the company’s commercial services, document outsourcing and international business was muted by pressure on the company’s government health care business.
Looking ahead, the company said it expects third-quarter per-share earnings of 21 cents to 23 cents. For the full year, the company expects per-share earnings of 92 cents to 96 cents.
“As we enter the second half of the year, we are focused on improving on our progress and capitalizing on opportunities that will shape the success of our business,” Burns said.
