Financial industry network on January 27 news, before the market on Tuesday, Xerox announced mixed fourth quarter results, revenue slightly higher than profits, but profits lower than expected. The company's fiscal 21 fiscal quarter guidance showed revenue of at least $7.2 billion, compared to a general market expectation of $7.04 billion.
Xerox also revealed that it plans to divide software, financing and innovation institutions into different businesses by 2022. Software business priorities will include DocuShare and augmented reality product CareAR. Xerox Financial Services aims to become "a global payment solutions company that provides rental services"; the Palo Alto Research Center will continue its efforts, including 3D printing and digital manufacturing.
Xerox announced in the coming months that it will launch a $250 million corporate venture capital fund to invest in start-ups and growth companies in the early to mid-stage.
![Scale annual output of million-level 3D printing products, Antarctic Bear on the ground unveiled Yuke Xerox[fig]](data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=)