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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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Ricoh Reports Robust Income, Steady Sales Gains for First Half of its Fiscal Year

For the first half of its fiscal year (April 1 to September 30, 2014), Ricoh Company of Japan reported net sales of 1,072 billion yen, up 3.2 percent versus the same period last year, and net profit of 33.9 billion, up 21.0 percent versus the same period last year. The firm reported it enjoyed “greatly […]

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Sales Down, Income Flat for Canon’s Third Quarter; Demand for Office Multifunctionals is Steady

Canon Inc. of Tokyo reported results for its fiscal third quarter, with sales down 4.5 percent to ¥872.2 billion (U.S.$8,002 million) and net income down by 1.0 percent to ¥58.2 billion (U.S.$534 million), both compared to the same quarter a year ago. Net sales for the nine months ended September 30, 2014 were ¥2,667.3 billion […]

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Top News for the Week of 10/20/2014 – HP 3D Printer on the Way? Wasting Time at the ‘Copier’? More

We know it’s been coming, but it seems October 29th may be the day that HP introduces its first HP-developed 3D printer (HP had at one time been selling 3D printers, but they were sourced from another vendor). We’re just speculating at this point, but HP CEO Meg Whitman has cited slow 3D print speed […]

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EFI Reports Record Revenue of $198 Million for Third-Quarter 2014

Electronics For Imaging (EFI) today reported results for its third-quarter 2014. The company reported record revenue of $197.7 million, up 11 percent compared to third-quarter 2013 revenue of $178.8 million. Operating income was $12.9 million compared to $13.9 million for the same period in 2013. Net income was $4.8 million, or $0.10 per diluted share, […]

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Mixed Third-Quarter for Xerox; Printer/MFP Revenue Down Six Percent

Xerox reported today results for its third-quarter 2014, with earnings per share of 22 cents, and total revenue of $5.1 billion, down 2 percent. Revenue from the company’s Services business, which represented 57 percent of total revenue, was $2.9 billion, up 1 percent and flat year-over-year. Revenue from the company’s Document Technology business, which represented […]

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Strong Quarter for Lexmark; MPS and Perceptive Software Revenue Forecast to Reach $1 Billion

Lexmark International today reported revenue growth of 3 percent versus the same quarter a year ago, and earnings of $66 million, an increase versus the $65 million for the third quarter a year ago. Both revenue growth and earnings per share exceeded the firm’s forecast. While both Lexmark’s managed print services (MPS) and Perceptive Software […]

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Top News for the Week of 9/15/2014 – Mobile Print: Too Complicated? Hacked Printer; Memjet at Graph Expo; More

The Million Dollar Question(s) This week, Epson America continues introducing its next-generation color inkjets, ranging from home and photo units, to small-business units. One thing that has struck us about these latest inkjets is the myriad forms of mobile-printing options they support – the latest models, by the way, are Mopria-certified for Android printing. Not […]

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OKI Raises Forecast for Fiscal Half Year Due to Improving Printer Business

OKI Electric Industry of Tokyo has revised its earning projections for the first half of its fiscal year (April 1 to September 30, 2014) to better reflect improvements in its printer business, as well as to reflect steady progress of its ATM business, particularly in China, and in its info-telecom systems business. As seen in […]

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Slight Revenue Increase for HP; Printing Revenue Down, but PC Revenue Up

Hewlett-Packard reported results for its third quarter, with net revenue of $27.6 billion, up 1 percent from the previous year. Third-quarter GAAP earnings per share were $0.52, down 27 percent from the third quarter a year ago, and down from HP’s previously provided outlook of $0.59 to $0.63 per share. Earnings were $1 billion, down 29 […]

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Top News for the Week of 8/11/2014 – Printer, MFP Shipments Up; Key Legal Rulings for MPHJ Technology, Kodak; More

This week, some of the most interesting news came from market-research firm International Data Corporation (IDC) with its Worldwide Quarterly Hardcopy Peripherals Tracker (which covers printers, MFPs, and copiers that print on and/or scan A2- to A4-size media). According to IDC, the Western Europe market for printers/MFPs/copiers enjoyed its fifth consecutive quarter of growth, with shipments […]

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Improved Earnings for Kodak in Second Quarter, Smaller Loss

Eastman Kodak has reported a net loss of $62 million for its second-quarter 2014; however, this loss is a $162 million improvement from the $224 million net loss that Kodak reported for second-quarter 2013. The firm says that key products in packaging, digital plates, digital printing, and workflow software are helping it increase revenue growth. […]

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Revenue up for Nuance’s Third Quarter, but Firm Reports a Loss

Nuance Communications today reported financial results for the third quarter of fiscal 2014, ended June 30, 2014. Revenue was $475.5 million, an increase from the $469.8 million reported for the same quarter a year ago. Nuance also reported bookings of $547.0 million, up 16.7 percent from $468.8 million for third-quarter 2013. Year-to-date, Nuance reported bookings of […]

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Top News for the Week of 8/4/2014 – HP ‘Instant Ink Professional;” Ricoh, Sharp Financials; More

What do you do if the supplies for your product are being made and sold by unauthorized third parties and are cutting into your revenue stream? You either a) enforce your patents through litigation to end the sale of those supplies, and/or b) make your supplies more economical and easier to obtain. Canon Inc. continues […]

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Total Sales and Net Income up at Brother; Sales up for Printers and All-in-Ones

Brother International of Japan recently reported that both sales and net income were up for its fiscal first quarter (April to June 2014), continuing the upbeat results for its latest entire fiscal year (see below). Sales for the first quarter were up 15.2 percent to 160 billion yen, while net income was 29 billion yen, […]

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Lexmark Steps up Bidding War for ReadSoft, Increases Offer Price

Lexmark International reports that it’s increased its offer price for all outstanding shares of Sweden-based ReadSoft. This cash offer is Swedish Krona (SEK) 55.50, an 11 percent increase from Lexmark’s July 14th offer of SEK 50.00 for each Class A and Class B share of ReadSoft, for a price of approximately $248 million. The firm says […]

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Modest Growth for Ricoh in Latest Quarter; Slower Copier/MFP Sales Growth

Ricoh Company of Tokyo reports that for its latest fiscal quarter, sales were up 2.3 percent to 526.4 billion yen compared to the same quarter a year ago, mainly due to an increase in sales in both its Imaging & Solutions and Industrial Products segments. The firm reports that while the Japanese economy continued to […]

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Sharp Reports Smaller Loss for Quarter, On Track for Profit for Full Year

Sharp Corporation of Osaka, Japan, reported a 17.98 billion yen ($17.4 million U.S.) loss for its latest quarter, but says it will deliver a profit for its complete fiscal year. The 1.79 billion yen loss is a sharp improvement versus Sharp’s loss of 17.98 billion yen for the same quarter a year ago. The firm […]

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