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Xerox anticipates quarterly loss

October 14, 2015

nr_Xerox_Square_Building_with_New_Logo_2008Jan7-prvPretax charges of $385 million (€336 million) for delayed government healthcare projects in California and Montana mean the company could face its first fall since March 2010.

The OEM said the charge will be around $240 million (€209 million) after tax predicts a loss between three and five cents a share for 3Q2015, Market Watch reported. The adjusted earnings forecast remains unchanged at 22 cents to 24 cents.

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