Some posts suggesting that TKkk fudged numbers. Can you say more?
11 replies (most recent on top)
Cpo or chief product officer walked out door no sec filing. They are cooking cause this is coming thursday:
Wall Street analysts forecast that Xerox Holdings Corporation (XRX) will report quarterly earnings of $0.51 per share in its upcoming release, pointing to a year-over-year decline of 42.7%. It is anticipated that revenues will amount to $1.79 billion, exhibiting a decline of 7.6% compared to the year-ago quarter.
If you are still there quietly do nothing your exit has already been planned for you....
https://www.sec.gov/whistleblower/submit-a-tip
Submit your tips before earnings level the playing field on all the smoke and mirrors.
Oh, come on! You really think she’s the only one?!?
Oh I'm sorry you made your investment decisions a month ago but I'm restating my earnings to negative my bad sorry you lost your money - now where was I golf with jb and tiny at 1 in tampa...
Fudged numbers? Totally honest mistake… they were probably reading this amazing/befuddling award about Xerox Canada (Toronto) when they were doing the math and reported in CDN dollars. Happens a lot. If you’re visiting from the US don’t forget the beer here is stronger too. Your 6 beer minimum is more like 18! All the accountants up here be like, “if you drink don’t math…”
https://reviews.canadastop100.com/top-employer-xerox
Call the sec that is the ethics hotline for these creeps.
Most of the x reps I talk to are so po'd about careless ar that they tell the customer to get out of renewal and go with hp. With stevviiee changing x suppliers on the daily it couldn't be more fd up. Fubar....
I think you meant to say lack of installs - I heard many companies are leaving Xerox and going to other companies that actually care about billing correctly and providing customer service with a smile (instead of double talk, lies and getting the run-around from all the ppl we outsource to)
Nothing new here … Seems to be the Xerox way
Yes they simulate what they will report they also account for all multi year leases as cash received in the current year via forward funding agreements very shady kind of reminds me of offshore banking someone shoul look into this and restate earnings less the forward funded revenue now that would certainly deflate the stock. Remember x has its own way they don't care about sec...
Fudging is the x way to get the two ends to meet they been doin it for years to get budget for a project tk was in deep in fudge got found out just have to look at Installs and connectkey apps data it was all cow dung no way to explain the disconnect to jb and steviierr out you go....