Xerox Sees Quarterly Growth and Wins Top Contract

Xerox sees a positive quarterly growth of 0.12% higher over the course of the past quarter. According to Goodwell Gazette, Xerox shares have moved -3.05% over the past week, -1.92% over the past 4-weeks, 48.31% over the past half year and 35.37% over the past full year.

Last week on July 18, the company has been awarded a multi-year, multi-million dollar contract administered by the Executive Office of Technology Services and Security (EOTSS), the Commonwealth of Massachusetts’ secretariat leading the digital transformation of the Executive Branch. With the agreement, Xerox will provide Intelligent Workplace Services (IWS), a Xerox offering that transcends traditional Managed Print Services to enhance security, support compliance, reduce its environmental impact and improve productivity for the 43,000 employees the EOTSS serves across the Commonwealth.

Xerox will design and manage a more efficient print infrastructure for Massachusetts and will introduce Xerox AltaLink® and VersaLink® Multifunction Printers (MFPs), also known as workplace assistants. These MFPs are equipped with a common user interface and built-in security features that make it easier to create and share electronic documents securely, thus transforming how employees work.

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