Xerox Reports 2Q Services Growth as Govt Healthcare Drives BPO Gains

Xerox (NYSE: XRX) released financial results for its 2012 second quarter Friday, reporting total services revenue growth of 5 percent over the prior year period. The company’s $2.806 billion in services revenue was buoyed by a 7 percent increase in business process outsourcing sales. BPO revenue represented 56 percent of total services revenue for the quarter. Xerox said its government healthcare...