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Planet Image International faces margin squeeze

Planet Image International faces margin squeeze

Revenue grows but European sales decline, pressuring margins and profitability in 2024. Planet Image International, the Cayman Islands-based holding company of Aster, reported a 4.1% revenue increase to $77.3 million (€72.3 million) for the first half of fiscal 2024....
Planet Image International faces margin squeeze

Ninestar reports strong H1 growth

Ninestar Corporation posts significant profits and growth but faces operational headwinds and financial hurdles. Ninestar Corporation, the printer and consumables business, has reported a healthy financial performance for the first half of 2024. The company saw its...
HP’s printing segment declines amid revenue growth

HP’s printing segment declines amid revenue growth

Despite overall revenue growth, HP’s core Printing division faces challenges with declining sales and margins. HP Inc. reported mixed results for its fiscal 2024 third quarter, with particular weaknesses in its Printing segment, traditionally a key profit...