India, Oct. 29 -- Xerox Holdings Corp. (XRX) reported Thursday wider net loss in its third quarter, on higher charges and weak revenues. Further, the company trimmed fiscal 2026 adjusted operating income view and maintained revenue forecast.
In pre-market activity on the Nasdaq, the shares were losing around 21.51 percent to trade at $2.1900, after closing Wednesday's regular trading 9.84 percent higher.
The company said the headwinds affecting outlook have intensified, creating greater near-term pressure than expected.
In the third quarter, net loss attributable to shareholders was $1.019 billion or $7.73 per share, wider than loss of $764 million or $6.01 per share a year ago.
The latest results included a non-cash goodwill impairment...