by stefanie | Feb 1, 2024 | City News
In the third quarter, Konica Minolta experienced a revenue decrease, yet saw a cumulative increase over time. Operating profit declined to ¥7.8 billion ($53 million/ €49 million) in Q3 but achieved a cumulative increase to ¥8.6 billion ($58 million/ €54 million) for...
by stefanie | Feb 1, 2024 | City News
Amidst a 2.2% sales revenue decline, the Document Solutions Unit bucks the trend with growth, while profit forecasts predict a challenging fiscal year end. The financial results for the nine months ended 31 December 2023, show a decrease in sales revenue by 2.2% to...
by stefanie | Jan 30, 2024 | City News
The overall financial results for 2023 highlighted a 3.7% increase in net sales, reaching ¥4,181.0 billion ($28.4 billion/ €26.2 billion). The operating profit also saw a rise of 6.2%, amounting to ¥375.4 billion ($2.5 billion/ €2.3 billion). Canon explained that this...
by stefanie | Jan 25, 2024 | City News
Xerox faces 2023 revenue decline, achieves key financial targets, and focuses on strategic growth in digital solutions. Xerox Holdings Corporation announced its fourth quarter and full-year results for 2023. The company saw a decrease in revenue but achieved its...
by stefanie | Jan 24, 2024 | City News
Pacific Office Automation (POA), one of the largest independent office equipment dealer in the U.S., held its annual meeting on Saturday, 13 January, announcing annual revenue growth of 9% over 2022. Outside, a winter snowstorm raged, but inside the Oregon Convention...
