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Xerox second-quarter revenues down

Xerox second-quarter revenues down

The OEM has released its second-quarter financial results, recording $1.47 billion (€1.25 billion) of revenue, a decrease of 35.3% year-over-year. Xerox’s second-quarter revenues showed a decline of 35.3% compared to the same period in the previous fiscal year. The...
Canon Q2 sales hit by COVID-19

Canon Q2 sales hit by COVID-19

The OEM said that the impact from COVID-19 is growing more serious as it has persisted longer and become more widespread compared with Q1. In the second quarter, net sales declined 25.7% to ¥673.3 billion ($6.4 billion/ €5.4 billion) and operating profit and net...
Canon Q2 sales hit by COVID-19

Indian Toners & Developers net profit declines

The company reports their consolidated net profit declines 36.83% in the March 2020 quarter. Sales decline 29.02% to Rs 20.64 crore (€2.4million/ $2.75million) in the quarter ended March 2020 as against Rs 29.08 crore (€3.4million/ $3.9million) during the previous...
HP: Revenues down 11.2% in Q2

HP: Revenues down 11.2% in Q2

The OEM has released its second quarter results for fiscal 2020, recording an 11.2% drop in net revenue from the prior-year period. HP Inc. and its subsidiaries announced fiscal 2020 second quarter net revenue of $12.5 billion (€11.36 billion), down 11.2% from the...
Konica Minolta’s results affected by COVID-19

Konica Minolta’s results affected by COVID-19

The company released its consolidated financial results for the fiscal year 2019 and fourth quarter which ended 31 March 2020. For fiscal year 2019, Konica Minolta recorded total revenues of ¥996.1 billion ($9.26 billion/ €8.45 billion), a year-on-year decline of 6%....