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Xerox Holdings Corp (NASDAQ:XRX) shares continued their upward trajectory on Friday.
The stock rose nearly 18% in early trading following a significant revenue beat. This rally builds on momentum from Thursday’s session.
The Nasdaq is up 1% while the S&P 500 has gained 0.61%.
Revenue Beats And Short Interest
Xerox reported first-quarter sales of $1.846 billion. This figure surpassed the analyst consensus estimate of $1.747 billion.
This performance marks a sharp increase from $1.457 billion in the prior-year period.
Despite the revenue win, the company reported an adjusted loss of 43 cents per …
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