Xerox revenue slides amid market pressures

Xerox revenue slides amid market pressures

The OEM reports declining revenue as cost-cutting boosts margins but market headwinds persist. Xerox reported a sharp decline in revenue for both the fourth quarter and full year, as the print and document management company navigates ongoing market headwinds. The...
Xerox revenue slides amid market pressures

OKI posts strong gains despite challenges

Revenue surges as enterprise demand grows, but EMS sector faces headwinds. OKI Electric reported strong financial results for the first half (1H) of fiscal year 2024, marking a 13% year-over-year (YOY) growth in revenue to ¥197.7 billion ($1.32 billion/ €1.25 billion)...
Brother: Strong revenue growth amid profit pressures

Brother: Strong revenue growth amid profit pressures

Despite revenue gains, operating and comprehensive profits Brother struggles against rising costs and currency impact. The Japanese electronics firm reported a 6.9% rise in revenue, achieving ¥427.2 billion ($2.85 billion/ €2.70 billion), for the first half of its...
Toshiba Tec sees profit surge amid strategic shift

Toshiba Tec sees profit surge amid strategic shift

Increased business transfer income drives Toshiba Tec’s net profit growth in first half. Toshiba Tec Corporation recorded a marked increase in profit for the first half of FY2024, with net earnings leaping to ¥26.6 billion ($176 million/ €163 million), compared to...