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Revenue grew 12 percent to $4.3 billion from $3.84 billion a year ago, helped by the weaker dollar, rising post-sale and financing revenue, and contributions from the acquisition of Global Imaging Systems.
Analysts surveyed by Thomson Financial expected a profit of 26 cents per share on revenue of $4.24 billion.
Post-sale and financing revenue are annuity streams that together represent more than 70 percent of Xerox's total revenue.
Xerox expects fourth-quarter earnings in the range of 39 cents to 41 cents per share, and full-year earnings of $1.18 to $1.20. Wall Street has forecast quarterly profit of 41 cents per share and fiscal 2007 earnings of $1.18.
[Associated Press]
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