Xerox is reporting third quarter numbers that beat Wall Street estimates. Although the company is seeing some declines in profits and sales, it still exceeded what the analysts were looking for.
Xerox earned $179 million dollars in the quarter, down a bit from $183 million a year ago, and sales of $2.5 billion fell close to six percent compared to a year ago when currency fluctuations are accounted for.
The company earned 89 cents per share after various restructuring and other costs. Both profits and revenues topped analysts’ estimates.