Xerox Corp. said second-quarter earnings rose 10%...

Xerox Corp. said second-quarter earnings rose 10% as new products and improved productivity offset weak sales in Europe and Japan.

The maker of office and business equipment said net income in the June quarter rose to $139 million, or $1.23 a share, from $126 million, or $1.11 a share, a year earlier. Second-quarter revenue rose 2% to $4.52 billion from $4.45 billion.

In the company’s document processing business, second-quarter income rose 9% to $133 million from $122 million a year earlier and revenue rose 3% to $3.6 billion from $3.5 billion.

The Stamford, Conn.-based firm said its’ equipment sales in the quarter rose 6%, with increased shipments of new products driving the increase.

In the company’s insurance and other financial services businesses, second-quarter earnings rose to $49 million from $43 million a year earlier.