Xerox Holdings has released its third-quarter results for 2024, reporting an adjusted EPS of $0.25, which fell short of the estimated $0.51. The company also reported revenue of $1.53 billion, missing the expected $1.63 billion and marking a 7.5% year-over-year decline. Adjusted operating income was $80 million, below the estimated $114.3 million. Despite these misses, Xerox generated a free cash flow of $107 million. Depreciation and amortization expenses were $59 million. The company has also revised its full-year 2024 guidance, now expecting a 10% decline in revenue in constant currency terms. Xerox's stock price is currently $9.95, down 18.46% year-to-date, with analysts maintaining a neutral stance.