OEM
Q3 Revenues down 6.5% at Xerox
October 29, 2019
Announcing their Q3 results Xerox said it would raise 2019 guidance for earnings per share (EPS) and cash flow. In Q3, Xerox posted a $2.2 billion (€1.98 billion) of revenue, a decrease of 6.5 percent in actual currency, or 5.3 percent in constant currency, year-over-year. Profit margins improved from previous quarters and Xerox stated that […]
Canon releases third quarter results
October 28, 2019
Canon released its third quarter 2019 results stating MFDs stayed in similar demands, but the demand for laser and inkjet decreased. Third-quarter net sales decreased by 6.2 percent year-on-year to ¥869.5 billion ($8.05 billion/ €7.2 billion). Net sales for the first nine months of 2019 decreased by 8.8 percent year-on-year to ¥2,639.8 billion ($24.4 billion/ […]
