Konica Minolta faces profit woes

Konica Minolta faces profit woes

The company struggles with deficits despite revenue growth, driven by inefficiencies and market challenges in key segments. Konica Minolta reported robust revenue growth for Q1 FY2024, ending 30 June 2024, achieving ¥286.2 billion (€1.83 billion/ $2.02 billion), up 7%...
Epson’s printing solutions drive strong Q1 growth

Epson’s printing solutions drive strong Q1 growth

Despite mixed results, Epson’s printing solutions segment grew significantly, buoyed by yen depreciation. Seiko Epson Corporation, the Japanese electronics giant, reported mixed financial results for the quarter ending June 30, 2024. Despite a 6.9% increase in...
Xerox’s Q2 revenue declines amid strategic overhaul

Xerox’s Q2 revenue declines amid strategic overhaul

Xerox reports a significant drop in Q2 revenue due to strategic changes and macroeconomic challenges. Xerox Holdings Corporation announced its second-quarter 2024 financial results, revealing a 10% year-over-year revenue decline to $1.58 billion (€1.43 billion). This...
Epson’s printing solutions drive strong Q1 growth

Ninestar projects 2024 profit surge

Ninestar forecasts net profits to soar over 140%, driven by strong growth in key business segments. Ninestar Co., Ltd. has released its unaudited semi-annual forecast for 2024. It projects a robust financial performance with significant growth in net profit and...