Item 2.02. Results of Operations and Financial Condition.
On
Exhibit 99.1 to this Report contains certain financial measures that are
considered "non-GAAP financial measures" as defined in the
The information contained in Item 2.02 of this Report and in Exhibit 99.1 to this Report shall not be deemed "filed" with the Commission for purposes of Section 18 of the Exchange Act of 1934, as amended, or otherwise subject to the liability of that section.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Registrants' fourth quarter 2022 earnings press release datedJanuary 26, 2023
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Forward-Looking Statements
This filing and other written or oral statements made from time to time by management contain "forward looking statements" as defined in the Private Securities Litigation Reform Act of 1995. The words "anticipate", "believe", "estimate", "expect", "intend", "will", "should", "targeting", "projecting", "driving" and similar expressions, as they relate to us, our performance and/or our technology, are intended to identify forward-looking statements. These statements reflect management's current beliefs, assumptions and expectations and are subject to a number of factors that may cause actual results to differ materially.
Such factors include but are not limited to: the effects of pandemics, such as
the COVID-19 pandemic, on our and our customers' businesses and the duration and
extent to which this will impact our future results of operations and overall
financial performance; our ability to address our business challenges in order
to reverse revenue declines, reduce costs and increase productivity so that we
can invest in and grow our business; our ability to successfully develop new
products, technologies and service offerings and to protect our intellectual
property rights; reliance on third parties, including subcontractors, for
manufacturing of products and provision of services and the shared service
arrangements entered into by us as part of Project Own It; our ability to
attract and retain key personnel; the severity and persistence of global supply
chain disruptions and inflation; the risk that confidential and/or individually
identifiable information of ours, our customers, clients and employees could be
inadvertently disclosed or disclosed as a result of a breach of our security
systems due to cyberattacks or other intentional acts or that cyberattacks could
result in a shutdown of our systems; the risk that partners, subcontractors and
software vendors will not perform in a timely, quality manner; actions of
competitors and our ability to promptly and effectively react to changing
technologies and customer expectations; our ability to obtain adequate pricing
for our products and services and to maintain and improve cost efficiency of
operations, including savings from restructuring and transformation actions; our
ability to manage changes in the printing environment like the decline in the
volume of printed pages and extension of equipment placements; changes in
economic and political conditions, trade protection measures, licensing
requirements and tax laws in
These forward-looking statements speak only as of the date of this filing or as of the date to which they refer, and Xerox assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
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