Xerox Profit Slips As Document Technology Revenue Falls

(Undated) -- Xerox is reporting a dip in its second-quarter profit as the company's document technology revenue continues to fall. Its second-quarter profit of 266-million dollars was down from 271-million at the same time a year ago. Per-share earnings for Xerox rose to 22 cents, up from a two-cent loss a year ago that stemmed from discontinued operations. Xerox has faced challenges in its transition from being a copier and printer company to a business focused on services like document management and I-T outsourcing.