Xerox’s Q2 revenue declines amid strategic overhaul

Xerox’s Q2 revenue declines amid strategic overhaul

Xerox reports a significant drop in Q2 revenue due to strategic changes and macroeconomic challenges. Xerox Holdings Corporation announced its second-quarter 2024 financial results, revealing a 10% year-over-year revenue decline to $1.58 billion (€1.43 billion). This...
Xerox’s Q2 revenue declines amid strategic overhaul

Konica Minolta has announced H1 and Q2 results

In a market characterised by economic swings, Konica Minolta navigates through with a rise in revenues but faces a downturn in profits for the first half of the year. Konica Minolta’s H1 results presented a contrasting scenario with revenues increasing but profits...
HP secures $1 billion credit facility

HP secures $1 billion credit facility

In a regulatory filing HP announced that it had secured a 364-day revolving credit facility for general corporate purposes. HP Inc. (HP) has secured a 364-day revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, for a senior, unsecured...
Q2 speaks out about tariffs

Q2 speaks out about tariffs

Despite holding talks to avoid escalating the trade dispute, the US president declared new tariffs on further billions of Chinese goods. A day after the US ramped up duties on a range of imports, China responded with its own tariffs on US imports. After OEM responded...