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Lexmark Reports Loss for Fourth Quarter, but Seventh Consecutive Quarter of Revenue Growth

January 27, 2015 – Lexmark International today reported results for fourth-quarter 2014,with revenue, excluding inkjet revenue, a business that Lexmark is exiting, growing for the seventh consecutive quarter. The firm, however, reported an operating loss of $22 million for fourth-quarter 2014, compared to income of $151 million for fourth-quarter 2013. However, taking into account acquisition costs […]

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This Week in Imaging: Epson’s Revolutionary RIPS Inkjets; Ricoh Europe Goes 3D; More

Epson brings it on to the U.S. with a new high-volume PrecisionCore-based color inkjet MFP with complete A3 capabilities, maximum 1,830-sheet media capacity, and ink packs that yield up to 75,000 pages. The flagship WorkForce Pro WF-R8590 starts at $5,999 and has an optional 2×500-sheet paper deck that converts it into a free-standing console unit. This product […]

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Sharp Expects Financial Results to Fall Short of Forecast

January 20, 2015 – Sharp Corporation of Japan reports that it expects its financial results for it fiscal year ending March 2015 to fall short of its previous forecast announced on October 31, 2014. Sharp says its financial results will be lower due to the decline of profitability in domestic Japanese sales, which it attributes to […]

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2014 Year in Review: Improving Sales & Market; Inkjet in the Office & Print Shop; 2D Vendors Go 3D; More

We’ve been hard at work in 2014 keeping on top of  the many important events and trends in the printer and copier/MFP industry. Overall, the major trends and developments in 2014 include: a modest overall worldwide recovery for sales and shipments of printers and copier/MFPs; much improved financial results from many Japanese vendors; and the […]

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This Week in Imaging: Epson, OKI Forge Ahead; HP Officejet X Gains Ground; Average Copier-Sales Comp; Badder BadUSB; More

This was a very busy week in the printer and MFP world, and we have lots of news, from everything from the average copier sales person’s annual compensation, to new business inkjet, to Kodak’s reorganization. Also be sure to check out the latest research from the folks at IDC, who’ve previewed a sampling of their […]

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HP: Triple-Digit Growth for Officejet X Printers, New Toner Supplies to Deter Third-Party Cloning on the Way

December 1, 2014 – Last Wednesday, November 25th, Hewlett-Packard released results for its fiscal fourth-quarter and full-year 2014 (see story here). HP also held an earnings conference call with investors, during which HP Chairman, CEO and President Meg Whitman and HP CFO Cathie Lesjak provided further details on HP’s printing business, including new toner products […]

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This Week in Imaging: Further Details on OKI’s 5-Year Warranty; HP’s Latest Financial Results; More

This newsletter is coming to you early this week because of the Thanksgiving Holiday in the United States. Plus, it’s snowing fairly hard today in northern New Jersey, and many have the day off. (FYI, northern New Jersey is the North American headquarters for a disproportionate number of major imaging vendors, including Sharp, Konica Minolta, […]

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Nuance’s Fourth-Quarter Exceeds Forecast, but Reports Loss for Full Year

November 25, 2014 – Nuance Communications has reported results for its fourth quarter and fiscal-year 2014. For the full year, revenue was $1,923.5 million, up 3.7 percent from $1,855.3 million in fiscal 2013, but the firm reported a net loss of $150.3 million, or $0.47 per share, compared to a net loss of $115.2 million, or […]

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This Week in Imaging: Memjet Rising; Holiday Gift Guide; Smart MFP Ecosystem; Impika; More

It’s getting cold around these parts. Cold enough to huddle around your laser printer in order to soak up some of that wasted energy in the form of dissipated heat. However, if the powers that be at your workplace decide to splurge on the latest big iron – in this case inkjet – from Canon’s […]

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Kyocera Reports ‘Significant Profit’ in MFP Sales for Half Year of its Fiscal Year

Kyocera Corporation of Japan reported financial results for its fiscal first half-year (April to September 2014). Net sales for the company’s half-year were ¥714,329 million, an increase of ¥14,666 million, or 2.1 percent, compared with ¥699,663 million for the previous first half, due to increased sales in the Semiconductor Parts Group and the Information Equipment […]

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This Week in Digital Imaging: MPHJ Scan-Patent Enforcer Gets off Easy? Good News from Sharp, Kodak; More

Perhaps the most interesting news this week was that U.S. Federal Trade Commission (FTC) settled with notorious “scan-patent troll” MPHJ Technology Investments. There were many howls of indignation that the settlement really doesn’t do much, except require MPHJ not to be deceptive in its practices. For instance, MPHJ cannot state in a demand letter that […]

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In Landmark Third Quarter, Kodak Returns to Profitability

Driven by strong sales increases for key strategic technology products and intellectual property licensing payments, last week, Eastman Kodak reported net earnings of $19 million for the third quarter of 2014. Net earnings in the third quarter of 2013 were $1.99 billion as a result of a $2.21 billion reorganization item gain in that quarter. […]

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Sharp Reports Profitable Fiscal Half-Year; Forecasts Higher Sales for Full Year

Sharp Corporation of Japan reported results for the first half of its fiscal year (April to September 2014), with net sales of 1,326.6 billion yen, down 1.1 percent versus the same period a year ago, operating income of 29.2 billion yen, down 13.6 percent, but net income improving by 9.0 billion yen from a loss […]

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Top News for the Week of 11/3/2014 – White and Clear Toner; Good Financials; Xerox Paper-Less Solutions; More

This week, several MFP/copier/printer market players, all based in Japan, reported good financial results for their latest quarter. While some of this is due to the favorable effects of a lower-valued Japanese yen versus other currencies, a good part is also due to the strengths of these companies’ digital-imaging technology, as well as favorable markets […]

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Strong Quarter for Epson; Higher-Priced Inkjet Printers Help Drive Growth

Seiko Epson of Tokyo reported financial results for its latest fiscal period, the six months ending September 2014, with revenue up 8.8 percent to 512 billion yen, and net income up 145.4 percent to 87 billion yen, both compared to the same period a year ago. According to the firm, demand for its inkjet printers […]

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Net Sales and Income up for Konica Minolta’s First Half; Business Technologies Sales Drive Growth

For the second half of its current fiscal year (April to September 2014), Konica Minolta of Tokyo reported net sales up 6.2 percent to 478 billion yen, and net income up 164.2 percent to 14 billion yen, both versus the same half-year a year ago. In its Business Technologies Business, office A3 color MFPs posted […]

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OKI Reports Favorable Sales Growth for its Printer Business, Raises Forecast for its Full Year

OKI Electric company of Tokyo reported financial results for its fiscal half-year (April to September 2014), with net sales of 228.8 billion yen, up 12.2 percent, while net income rose 8.5 billion yen to 10.8 billion, both versus its fiscal half-year a year ago. OKI also raised its forecast for its entire fiscal year. It’s […]

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Top News for the Week of 10/27/2014 – HP Finally Goes 3D; 9-Color Epson Printer; Vendor Financials; More

The big story this week was Hewlett-Packard’s unveiling of its first HP-developed 3D printer, which uses what HP calls Micro Fusion Technology – which, you guessed it, borrows from HP’s inkjet-printing technology. We hope you read our story, which takes a look at how it works, why it’s different from other additive 3D printers, and […]

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