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Konica Minolta revises forecasts

Konica Minolta revises forecasts

The company has released a notice regarding revisions of the forecasts for the consolidated financial results and dividends for the fiscal year ended 31 March 2020. Konica Minolta, Inc. announced revisions of the forecasts for its consolidated financial results for...
OEMs manipulating India’s GeM portal?

OEMs manipulating India’s GeM portal?

Digital India is the government’s flagship programme to transform India into a digitally empowered society and knowledge economy. Government-e-Marketplace (GeM) is an initiative under the “Digital India” drive which helps in the process of public procurement by...
Xerox releases first quarter results

Xerox releases first quarter results

The OEM has released its first quarter results, recording a decrease of 14.7% in revenues year-on-year due to COVID-19 impacts. For the reporting period ended 31 March 2020, Xerox recorded $1.86 billion (€1.70 billion) of revenue, a decrease of 14.7% year-on-year from...
HP reports supplies revenues down 7%

HP reports supplies revenues down 7%

HP Inc. and its subsidiaries announced fiscal 2020 first quarter net revenue of $14.6 billion (€13.46 billion), down 0.6% from the prior-year period. HP reports that Personal Systems net revenue was up 2% year-over-year with a 6.7% operating margin. Commercial net...