Friday, April 20, 2007

UPDATE 1-Xerox quarterly profit higher, beats forecast

(Reuters) - First-quarter net income was $233 million, or 24 cents a share, up from $200 million, or 20 cents a share, a year earlier.

Excluding costs related to restructuring, profit was 26 cents a share, 5 cents better than analysts' average forecast as compiled by Reuters Estimates.


Read more at Reuters.com Market News

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