NORWALK (dpa-AFX) - Xerox's (XRX) chairman and CEO, Ursula Burns, highlighted the company's strong financial position, progress in both its services and technology businesses, and the steps Xerox is taking to capitalize on a $600 billion market opportunity.
Burns added that despite economic headwinds, Xerox delivered value for shareholders in 2011 by delivering adjusted earnings per share of $1.08, up 15 percent from 2010, growing revenue on a pro-forma basis by 2 percent to $22.6 billion, generating $2 billion in operating cash flow; and increasing adjusted net income by 21 percent to $1.6 billion.
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