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Improving Financial Picture at Kodak

On March 19th, Eastman Kodak reported financial results for its fourth quarter and full-year 2013, with net earnings of $1.99 billion for the full year, including a reorganization-items net gain of $2.01 billion, as well as a gain of $535 million for the sale of its digital-imaging patent portfolio, partially offset by a $77 million […]

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Top News for the Week of 3/3/2014 – Ricoh A3 Color MFPs, Kodak Alaris, More

Products Ricoh is shipping new A3 color MFPs with cloud connectivity and smartphone apps. On the “old-school paper side” of things, they also feature also a new optional staple-less document finisher that binds pages together without using staples – a good idea, and something that’ll make them attractive in education – besides the mobile printing […]

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Top News for the Week of 2/24/2014 – Good Quarter for HP, New Solutions for Healthcare, More

Solutions At the Health Information and Management Systems Society (HIMSS) conference that’s dedicated to healthcare IT and was held this week in Orlando, Florida, several imaging vendors showcased new and existing solutions for making the capture, distribution, storage, and retrieval of healthcare records into Electronic Health Records (EHR) systems more efficient and less error-prone. Konica […]

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Earnings up for HP’s First Quarter, Commercial and Consumer Printer Shipments Up

On February 20th, Hewlett-Packard reported results for its first quarter, with earnings per share (EPS) of $0.74, up 17 percent from the $0.63 it reported for the period a year ago, and above its previously provided outlook of $0.60 to $0.64. Net earnings for the quarter were $1.4 billion, a 16-percent increase versus the same […]

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Top News for the Week of 2/3/2014 – Good News from Japan; Samsung Brings BusinessCore to U.S.; More

Financial News The theme this week in the digital-imaging industry was encouraging financial results from Japanese vendors, including Ricoh, Konica Minolta, Sharp, OKI, and Epson, as they reported results for their third quarter. All of the companies cite the weaker yen as aiding them in their net sales results. The weaker yen makes Japanese products […]

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Strong Third Quarter for Sharp; Raises Net Sales Forecast for Full Year

On February 4th, Sharp Corporation of Japan posted financial results for its third quarter ending December 31, 2013, reporting that “net sales, operating income, and net income increased drastically over the previous quarter.” Net sales were up 21 percent, while net income was up 17.5 percent, both compared to the third quarter a year ago. […]

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Strong Financial Performance from OKI; Raises Forecast

OKI Electric Industry Company of Tokyo reported financial results for the nine-month April 1 to December 31, 2013 period, with net sales up 4.6 percent versus the same period a year ago, and net income up 15.8 percent, a sharp improvement over the 1.3 billion loss it reported for the same period a year ago. […]

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Ricoh Reports Strong Financial Results, Raises Outlook

For the nine months ending December 31, 2013, Ricoh Company of Japan reported net sales of 1,611.5 billion yen, an increase of 16.2 percent versus the same period a year ago, and net income of 43.5 billion, an increase of 151.8 percent versus the same period a year ago.  Ricoh also raised its full-year financial […]

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Sales, Net Income up for Konica Minolta; Strong MFP, Production Sales

Konica Minolta of Japan reported its latest financial results, with net sales up 18.2 percent and net income up 4.8 percent, both for the period of April 1, 2013 to December 31, 2013. The firm reports that during this period in its Business Technologies Business, it enjoyed “solid sales” of core A3 color MFPs, while the effect of […]

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Epson Reports Sales, Income up; Sales of Inkjet Consumables Increasing

Seiko Epson of Tokyo reported its latest financial results for the nine months ended December 31, 2013. For the period, net sales were up 20.2 percent, while net income was 50 billion yen ($481 million U.S.), a sharp improvement over the loss of 12 billion yen it reported a year ago. For its inkjet-printer business, […]

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Top News for the Week of 1/27/2014

Financial News Both Lexmark and Xerox reported their fourth-quarter and full-year results this week. While it was a tough quarter for Xerox, Lexmark reported a strong quarter and full year, boosted by revenue from its Managed Print Services business and its Perceptive Software business. Canon also reported results for its fourth quarter and full-year 2013. […]

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EFI Reports Record Fourth-Quarter and Full-Year 2013 Financial Results

Electronics for Imaging (EFI) today reported record financial results, with fourth-quarter revenue up 13 percent to a record $197 million, and double-digit growth in all business segments and regions for the fourth quarter, which ended December 31, 2013. Revenue for full-year 2013 also increased to a record $728 million. Net income for the fourth quarter […]

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Sales, Income up for Canon for Fourth Quarter and Full Year; Strong Sales of Color MFPs

Canon Inc. of Japan reported results for its fourth quarter and full-year 2013, with net sales for the fourth quarter up 8.8 percent and net income for the four quarter up 5.0 percent. For full-year 2013, net sales were up 7.2 percent and net income was up 2.6 percent. Results however were below Canon’s previously […]

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Lexmark Reports Strong Fourth-Quarter and Full Year: Record Revenue Growth for Perceptive Software and MPS

Lexmark International today reported financial results for both its fourth quarter and full-year 2013. For its fourth quarter, revenue was up 4 percent versus the same quarter a year ago, and would have been up 11 percent excluding the decline in its inkjet business, which it has exited. Full-year revenue was also up 4 percent, excluding […]

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Revenue, Earnings Down for Xerox’s Fourth Quarter

Xerox reported results for its fourth quarter, with revenue down year-over-year 4 percent to $5.6 billion, and revenue from its document-technology business down 6 percent to $2.4 billion. Services’ revenue, which made up 55 percent of revenue, remained flat at $3 billion. Earnings per share (EPS) was 25 cents. Cash flow from operations was $1 […]

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Nuance Reports Preliminary Results for First Quarter, Revenue, EPS Better than Expected

Nuance today announced preliminary revenue, earnings per share (EPS), and cash flow from operations for first-quarter 2014. Based on preliminary financial data, it expects revenues between $467 million and $471 million, EPS of between ($0.19) and ($0.18) per share, and cash flow from operations of approximately $78 million. The preliminary expectations are subject to revision until […]

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Top News for the Week of 10/2/2013

Industry Events We participated in an interesting webinar presented by Ricoh’s Terrie Campbell this week, and found compelling evidence that Ricoh is doing a lot to be a major player in the business-process solution market. New Products & Solutions It wasn’t all that long ago that we were speculating whether Dell would even stay in […]

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Revenue Down, but Earnings up for HP’s Fiscal Year

HP today announced financial results for its fourth quarter and fiscal year ended October 31, 2013. Fourth quarter earnings per share (EPS) was $0.73, up from a net loss per share of $3.49 in the prior-year period. Fourth-quarter net revenue of $29.1 billion was down 3 percent from the prior-year period and down 1 percent when adjusted for the effects of currency. Fiscal […]

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