(Source: Datamonitor)
Xerox has reported net income attributable to the company of $227 million, or $0.16 per share, for the second quarter ended June 30, 2010, compared to $140 million, or $0.16 per share, for the same quarter of 2009.
Total revenues for the second quarter of 2010 were $5.51 billion, compared to $3.73 billion for the corresponding quarter of 2009.
Net income for the first half ended July 30, 2010, was $185 million, or $0.14 per share, compared to $182 million, or $0.21 per share, for the same period of 2009. Total revenues for the first half of 2010 were $10.23 billion, compared to $7.29 billion for the same period of 2009.
Ursula Burns, chairman and CEO of Xerox, said: "Our second-quarter results reflect strong across-the-board performance in driving revenue growth, generating cash and expanding earnings. Through the first half of the year, we have made excellent progress in scaling our services business and strengthening our leadership in the marketplace. We expect this progress will continue, positioning us well to increase our earnings expectations for the full year."
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