In its latest financial results, Konica Minolta said it did not reach its forecasted revenue and operating profit for the period, which was caused due to supply delays and longer lead times.
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Epson third quarter revenue up year-on-year
The company released its third quarter results recording increased revenue year-on-year but profit decreased due to “soaring materials and logistics costs”.
Canon releases full-year results and 2022 projections
For the full year 2021 Canon recorded a year-on-year 11.2% increase in net sales and 18.3% increase in gross profit.
Xerox’s Q4 revenue depressed 7.9% YoY
Xerox records a loss for the year, Q4 revenues down 7.9% and hardware sales down 24.7%, but shareholders receive $1 billion (0.88 billion).
Canon Business Services acquires Satalyst
As part of its growth strategy in Australia and New Zealand, Canon Business Services ANZ (CBS) announced the acquisition of WA-based Satalyst.
The Network Pro, Inc. acquires Nextrio, L.L.C.
Mike Dudek and Rich Wisniewski of Zygoquest Group “seeking to unite” served as the advisor to Nextrio, L.L.C. and its owners Michael Bernstein, Bradley Feder, Cristiane Street, Joseph Cracchiolo and William Street on the sale of its membership interests to The Network Pro, Inc.
