XRX Profile
Xerox Corporation (XRX) is a publicly-traded global technology company that specializes in document management and printing solutions, based in Norwalk, Connecticut, USA. The company operates through its principal subsidiary, Xerox Corporation, which has a presence in over 160 countries worldwide.
XRX's business model is focused on providing a range of document management and printing solutions to customers in various industries, including healthcare, finance, government, and retail. The company's products and services include digital printing equipment, document management software, and managed print services.
In addition to its core operations, XRX is committed to sustainability and responsible environmental practices. The company has implemented programs to reduce its greenhouse gas emissions, waste generation, and water usage, and has set targets to increase the use of renewable energy and improve the sustainability of its products and services.
XRX is listed on the New York Stock Exchange under the ticker symbol XRX. The company has a market capitalization of around $5 billion as of February 2023, and its stock has generally provided investors with mixed results over the years. However, the company is subject to various risks, including economic risks associated with changes in demand for its products and services, competitive risks from other technology companies, and technological risks related to the development of new printing and document management technologies.
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