India, April 30 -- Xerox Holdings Corp. (XRX) reported Thursday wider net loss in its first quarter on higher expenses, despite growth in revenues. Further, the firm maintained fiscal 2026 outlook.
In pre-market activity on the Nasdaq, the shares were gaining around 5.1 percent to trade at $1.6500, after closing Wednesday's regular trading 1.2 percent lower.
Looking ahead for fiscal 2026, the company continues to project adjusted operating income of $450 million to $500 million and revenues above $7.5 billion.
In fiscal 2025, adjusted operating income was $248 million and revenues were $7.02 billion.
In the first quarter, net loss attributable to Common Shareholders was $195 million or $0.84 per share, compared to loss of $94 million or...