by stefanie | Feb 3, 2025 | City News
The company struggles with weak demand and one-time costs, printer sales rise. Kyocera has reported a sharp decline in profits for the first nine months of its financial year, despite steady sales revenue of ¥1.49 trillion (€9.4 billion/ $10.2 billion). The Japanese...
by stefanie | Jan 31, 2025 | City News
Printer sales hold up, but declining ink revenues and price erosion weigh on profits. Seiko Epson Corporation reported a 23.3% decline in business profit for its third quarter, as falling ink revenues and printer price erosion overshadowed strong sales of...
by stefanie | Dec 23, 2024 | World Focus
Transaction between printing industry icons is expected to close in second half of 2025. Xerox Holdings Corporation announced it has agreed to acquire Lexmark International, Inc., from Ninestar Corporation, PAG Asia Capital, and Shanghai Shouda Investment Centre in a...
by stefanie | Nov 27, 2024 | City News
Revenue rises but future uncertainty clouds HP’s fiscal 2024 performance. HP Inc. reported a mixed set of fiscal 2024 results, with revenue growth providing a glimmer of optimism even as weaker guidance for the coming quarter dampened investor confidence. The company...
by stefanie | Nov 11, 2024 | City News
Ricoh’s growth defied challenges but profit took a serious hit as high restructuring costs eroded gains. Ricoh reported an 8.1% increase in overall sales for the half-year ended 30 September, reaching ¥1,202.5 billion ($8.04 billion/ €7.57 billion). However, profits...
