Xerox XRX reported mixed first-quarter 2020 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same.Adjusted earnings per share of 21 cents missed the consensus mark by a massive 52.3% and declined year over year. Total revenues of $1.86 billion surpassed the consensus mark by 6% but declined year over year on a reported as well as constant-currency (cc) basis. The coronavirus pandemic had a significant negative impact on the company’s quarterly results.Shares of the company have depreciated 46% over the past year compared with the 17.1% decline of the industry it belongs to.Revenues by SegmentEquipment sales totaled $325 million, down 27.5% year over year on a reported basis and 27% at cc. The segment contributed 17% to total revenues.Post-sale revenues of $1.53 billion declined 11.4% year over year on a reported basis and 10.5% cc. The segment contributed 83% to total revenues.Revenues by Region Revenues from the Americas came in at $1.24 billion, down 12.1% year over year on a reported basis and 11.8% at cc. The region contributed 67% to total revenues.EMEA revenues amounted to $575 million, down 19.2% year over year on a reported basis and 17.6% at cc. The region contributed 31% to total revenues.Revenues from Other region totaled $46 million compared with the $58 million reported in the year-ago quarter. The region contributed 21% to total revenues.Operating PerformanceAdjusted operating profit of $87 million plummeted 63.6% year over year. Adjusted operating margin shrunk 630 basis points (bps) year over year to 4.7%.Selling, administrative and general expenses, as a percentage of revenues, declined to 29.1% from the 25.1% reported in the year-ago quarter. Research, development and engineering expenses, as a percentage of revenues, came in at 4.5%, up from the year-ago quarter’s 4.2%.Balance Sheet and Cash FlowXerox exited the first quarter with cash, cash equivalents and restricted cash balance of $2.7 billion compared with the $2.8 billion witnessed at the end of the prior quarter. Long-term debt was $3.2 billion at the end of the March-end quarter.The company generated $173 million of cash from continuous operations and capex was $23 million in the reported quarter. Free cash flow was $150 million. Xerox paid out $58 million in dividends in the quarter.Xerox currently carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Performance of Other Business Services CompaniesRobert Half International Inc. RHI reported first-quarter 2020 earnings of 79 cents per share that missed the Zacks Consensus Estimate by 2.5% and were down 15% year over year. Revenues of $1.51 billion marginally beat the consensus mark, and increased 3% year over year on a reported basis and 2% on an as-adjusted basis.Equifax Inc. EFX came up with first-quarter 2020 adjusted earnings of $1.40 per share that beat the consensus estimate by 8.5% and improved 16% on a year-over-year basis. Revenues of $957.9 million outpaced the consensus estimate by 4.2% and improved 13% year over year on a reported basis.The Interpublic Group of Companies, Inc. IPG delivered first-quarter 2020 adjusted earnings of 11 cents per share, beating the consensus mark by 22.2%, and being flat year over year. Net revenues of $1.97 billion outpaced the consensus estimate by 1.6% but decreased 16.5% on a year-over-year basis.The Hottest Tech Mega-Trend of AllLast year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equifax, Inc. (EFX): Free Stock Analysis Report Interpublic Group of Companies, Inc. (The) (IPG): Free Stock Analysis Report Xerox Corporation (XRX): Free Stock Analysis Report Robert Half International Inc. (RHI): Free Stock Analysis Report To read this article on Zacks.com click here.