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Feb 2018 - Market Perspective - Doc # US43547918

Xerox 4Q17 Earnings Announcement Overshadowed by Merger with Fuji Xerox

Authors: Eiji Ishida, Keith Kmetz, Amy Machado, Sharon McNee, Holly Muscolino, Phil Sargeant

Abstract

This IDC Market Perspective analyzes Xerox's fourth-quarter 2017 earnings report made on January 31, 2018, and proposed merger with Fujifilm.

"It is encouraging to observe the improvement in Xerox's financial performance in 4Q17," says Keith Kmetz, program vice president for IDC's Imaging, Printing and Document Solutions research. "However, the announcement of a new Fuji Xerox changes the game for the company. We note a number of positives associated with the move, but there is much work to be done in order for the momentum of 4Q17's achievement to continue and to build a new organization resulting from the proposed merger."

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