Item 2.02. Results of Operations and Financial Condition. OnOctober 27, 2020 , Registrant released its third quarter 2020 earnings and is furnishing to theSecurities and Exchange Commission ("SEC") a copy of the earnings press release as Exhibit 99.1 to this Report under Item 2.02 of Form 8-K. Exhibit 99.1 to this Report contains certain financial measures that are considered "non-GAAP financial measures" as defined in theSEC rules. Exhibit 99.1 to this Report also contains the reconciliation of these non-GAAP financial measures to their most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles, as well as the reasons why Registrant's management believes that presentation of the non-GAAP financial measures provides useful information to investors regarding Registrant's results of operations and, to the extent material, a statement disclosing any other additional purposes for which Registrant's management uses the non-GAAP financial measures. The information contained in Item 2.02 of this Report and in Exhibit 99.1 to this Report shall not be deemed "filed" with the Commission for purposes of Section 18 of the Exchange Act of 1934, as amended, or otherwise subject to the liability of that section.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. Exhibit No. Description 99.1 Registrant's third quarter 2020 earnings press release datedOctober 27, 2020
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Forward-Looking Statements
This filing, and other written or oral statements made from time to time by
management contain "forward-looking statements" as defined in the Private
Securities Litigation Reform Act of 1995. The words "anticipate", "believe",
"estimate", "expect", "intend", "will", "should", "targeting", "projecting",
"driving" and similar expressions, as they relate to us, our performance and/or
our technology, are intended to identify forward-looking statements. These
statements reflect management's current beliefs, assumptions and expectations
and are subject to a number of factors that may cause actual results to differ
materially. Such factors include but are not limited to: the effects of the
COVID-19 pandemic on our and our customers' businesses and the duration and
extent to which this will impact our future results of operations and overall
financial performance; our ability to address our business challenges in order
to reverse revenue declines, reduce costs and increase productivity so that we
can invest in and grow our business; our ability to attract and retain key
personnel; changes in economic and political conditions, trade protection
measures, licensing requirements and tax laws in
These forward-looking statements speak only as of the date of this filing or as of the date to which they refer, and Xerox assumes no obligation to update any forward-looking statements as a result of new information or future events or developments, except as required by law.
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