Xerox Announces Revenue Restatement

PALO ALTO, CA - UNDATED PHOTO: An exterior view of the Xerox Palo Alto Reseach Center (PARC) is shown in Palo Alto, California. Xerox announced June 28, 2002 that the company expected a revenue restatement of approximately $2 billion for years 1997-2001. Reports state that the improperly recorded revenues over the five-year period could exceed $6 billion. (Photo courtesy Xerox/Getty Images)
PALO ALTO, CA - UNDATED PHOTO: An exterior view of the Xerox Palo Alto Reseach Center (PARC) is shown in Palo Alto, California. Xerox announced June 28, 2002 that the company expected a revenue restatement of approximately $2 billion for years 1997-2001. Reports state that the improperly recorded revenues over the five-year period could exceed $6 billion. (Photo courtesy Xerox/Getty Images)
Xerox Announces Revenue Restatement
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Getty Images / Handout
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Getty Images News
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June 28, 2002
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