Xerox Holdings(XRX) - 2024 Q1 - Quarterly Results

EXHIBIT 99.1 News from Xerox Holdings Corporation Xerox Releases First-Quarter Results Implemented comprehensive changes to operating model; on track to meet Reinvention targets despite a challenging first quarter Financial Summary Q1 2024 • Revenue of $1.50 billion, down 12.4 percent, or 13.2 percent in constant currency. • GAAP net loss of $(113) million, or $(0.94) per share, a decrease of $184 million or $1.37 per share, year-over-year, respectively. This quarter includes after-tax Project Reinvention r ...