Xerox Holdings Corporation (NASDAQ:XRX) Q1 2022 Earnings Conference Call April 21, 2022 8:00 AM ET
Company Participants
David Beckel – Vice President and Head-Investor Relations
John Visentin – Vice Chairman and Chief Executive Officer
Xavier Heiss – Executive Vice President and Chief Financial Officer
Conference Call Participants
Ananda Baruah – Loop Capital
Erik Woodring – Morgan Stanley
Samik Chatterjee – JPMorgan
Jim Suva – Citigroup
Operator
Welcome to the Xerox Holdings Corporation First Quarter 2022 Earnings Release Conference Call.
After the presentation, there will be a question-and-answer session. [Operator Instructions] At this time, I'd like to turn the meeting over to Mr. David Beckel, Vice President and Head of Investor Relations.
David Beckel
Good morning, everyone. I'm David Beckel, Vice President and Head of Investor Relations at Xerox Holdings Corporation. Welcome to the Xerox Holdings Corporation first quarter 2022 earnings release conference call hosted by John Visentin, Vice Chairman and Chief Executive Officer. He is joined by Xavier Heiss, Executive Vice President and Chief Financial Officer.
At the request of Xerox Holdings Corporation, today's conference call is being recorded. Other recording and/or rebroadcasting of this call are prohibited without the expressed permission of Xerox.
During this call, Xerox executives will refer to slides that are available on the web at www.xerox.com/investor, and will make comments that contain forward-looking statements which, by their nature, address matters that are in the future and are uncertain. Actual future financial results may be materially different than those expressed herein.
At this time, I'd like to turn the meeting over to Mr. Visentin. Mr. Visentin, you may begin.
John Visentin
Good morning, and thank you for joining our Q1 2022 earnings call. I hope everyone is safe and healthy. Before I get to the results, I want to start by acknowledging the humanitarian strategy taking place in Ukraine. Our thoughts are with all those who have been affected. As the situation began to unfold in late February, we took swift and decisive actions to ensure the safety and security of our people. We suspended all, but emergency support operations in Ukraine and provided emergency cash grants to the Ukrainian employees through our Employee Relief Fund.
Shipments to Russia were halted as soon as the conflict started. We continue to evaluate the situation in this region, and we'll adapt our response, hoping for the restoration of peace as soon as possible. In total, the percentage of our revenue exposed to the Eurasian region is in low single digits.