The company recorded revenues for the quarter ending 30 June of US$5.5bn, up 48% on the corresponding period last year
This led to a net income of US$227m, which was partially impacted by the company's US$6.4bn acquisition of Affiliated Computer Services (ACS) and internal restructuring costs.
Equipment sales for the quarter were up 12% to US$930m. This was reflected in a 45% rise in installations for the quarter.
While the company experienced a 4% decline in the installation of mid-range B&W devices and a 7% decline in high-end B&W devices, this was offset by a 26% rise in mid-range colour device installations and 24% rise in high-end colour systems.
The company said these figures reflected "strong demand for the recently launched Xerox Color 800 and 1000" (pictured) and "continued strong demand for the Xerox 700".
Xerox chief executive Ursula Burns said the company was experiencing increased demand across its technology offering, "especially in developing markets and from small and mid-sized businesses".
"We're seeing consistent trends that indicate the benefit of our broad product line and expanded services as well as modest economic improvements," she said.
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