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HP: Printing revenue continues to be down

HP: Printing revenue continues to be down

HP Inc. and its subsidiaries (HP) announced fiscal 2024 second quarter net revenue of $12.8 billion (€11.8 billion), down 0.8% from the prior-year period. Printing net revenue was $4.4 billion (€4.06 billion), down 8% year over year with a 19.0% operating margin....
HP to embrace remanufactured cartridges

HP to embrace remanufactured cartridges

In a policy shift, HP introduces SecuReuse to enable the use of third-party remanufactured cartridges in HP printers. In an evolving effort towards sustainability, HP has introduced its innovative “SecuReuse” solution, as Eduardo Macias, Vice President of...
HP: Printing revenue continues to be down

Canon releases FY2023 results

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...
Konica Minolta revenue slightly increases

Konica Minolta revenue slightly increases

The company has released its financial results for the first quarter fiscal year 2023, reporting that office and production print revenue and profit increased. For the first quarter, Konica Minolta’s revenue was ¥266.4 billion ($1.87 billion/ €1.7 billion), a 7%...