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Xerox reported Q3 revenue growth of 28.3% YoY to $1.96 bln, missing analyst estimates. However, the company's bottom line topped expectations, with adjusted EPS of 20 cents. Despite this, shares plummeted 11.43% to $3.04 due to a cautious outlook, with the company lowering its full-year free cash flow guidance and cutting its expected adjusted operating margin.

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