Xerox attributed much of the division's success to the strong performance of the DocuColor 2000 range.
The group's overall revenue was £2.45bn. Xerox said half of the 6% fall in sales was due to its exit from the retail small office/home office market last year.
Net income after restructuring charges of £32m was £68m, compared to last year's £20.7m Q3 loss.
Xerox said that around £132m of revenue reported in the third quarter had been restated from previous periods. In April the group reached a settlement with the Securities and Exchange Commission, which claimed Xerox had used "accounting tricks" to overstate revenue and profits between 1997 and 2001 (PrintWeek, 19 April).
Xerox's headcount fell by 1,600 in the third quarter to 69,600.
The group’s shares had fallen 4.5% to £4.13 as PrintWeek went to press.
