Xerox partners with Kyocera to re-enter cut-sheet inkjet market

NORWALK, Conn. - Xerox Holdings Corporation (NASDAQ:XRX), currently trading at $5.22 and identified as undervalued by InvestingPro analysis, announced Thursday it has entered into an agreement with Kyocera Document Solutions Inc. to source high-speed cut-sheet inkjet production presses, marking its return to the cut-sheet inkjet market. The company, with a market capitalization of $657 million, has maintained dividend payments for 19 consecutive years despite recent challenges.

Under the agreement, Xerox will offer Kyocera’s inkjet presses integrated with Xerox’s Production Ecosystem, including workflow automation software, finishing, and remote service capabilities. The new offerings will be sold and serviced by Xerox under the Xerox brand. This strategic move comes as the company works to improve its financial performance, with analysts forecasting a return to profitability this year according to InvestingPro data.

"This is a pivotal moment for our production print business," said Terry Antinora, senior vice president and head of product and engineering at Xerox. "Our re-entry into the cut-sheet inkjet market allows us to diversify our portfolio, meet growing client demand for speed and efficiency, and reinforce our commitment to leadership in digital production."

The partnership aligns with Xerox’s strategy to focus on higher-value growth segments. According to IT Strategies forecasts cited in the company’s press release, global cut-sheet production inkjet product installations are expected to increase by more than 13% CAGR between 2025-2030.

Keisuke Koyama, Executive Officer and Senior General Manager of the Corporate Marketing Division at Kyocera Document Solutions Inc., stated that combining Kyocera’s inkjet technology with Xerox’s global reach and workflow automation will deliver "truly unique solutions" for production printers.

The new cut-sheet inkjet offerings will complement Xerox’s existing production portfolio, which includes the Iridesse Production Press, Versant Presses, and PrimeLink printers and presses.

Specific details about the new presses, including availability and model specifications, will be announced later this year, according to the company’s statement. For investors seeking deeper insights into Xerox’s financial health and growth prospects, InvestingPro offers comprehensive analysis through its Pro Research Report, one of 1,400+ detailed company assessments available to subscribers.

In other recent news, Xerox Holdings Corporation reported a second-quarter adjusted loss of $0.64 per share, which was a notable miss compared to analyst expectations for a profit of $0.07 per share. Despite the earnings miss, revenue was relatively stable at $1.58 billion, slightly surpassing the consensus estimate of $1.55 billion. However, this figure represents a decrease of 0.1% year-over-year, or 1.1% when adjusted for constant currency. The financial results reflect the impact of tariffs and increased costs on the company’s margins. These recent developments highlight the challenges Xerox is facing in maintaining profitability. The company’s performance is drawing attention from investors and analysts alike, with potential implications for future evaluations.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.