The Smart Guide to the Office-Imaging Industry
“Xerox’s core business may not recover from the coronavirus pandemic,” the agency stated, noting that Xerox revenues have averaged a 6-percent decline over the past two and a half years before plunging 35 percent in second-quarter 2020.
On September 29th, Moody’s Investors Service reported that it’s completed a periodic review of its investment ratings for Xerox Holdings.......
Featured Posts / Financial News / News / OKI
OKI will continue to supply consumables, parts, and warranty service…Its goal is to minimize any disruptions and keep the OKI machines-in-field productive for years to come.
Financial News / Imaging Supplies / Lexmark / News / Pantum
Ninestar Corporation of Zhuhai, China, has released financial results for the first half of its fiscal year, January to June......
Featured Posts / Financial News / HP / News
Personal System revenue gains – with Consumer PC revenue up 42 percent – offset a sharp decline in printer revenue.
For those following the Eastman Kodak alleged insider-trading story, this week, U.S. Trade Advisor Peter Navarro slammed Kodak executives in...
Featured Posts / Financial News / Fujfilm / Fuji Xerox / Fujifilm / News
The firm also provided updates on its development of a COVID-19 treatment and vaccine.
On August 11th, Toshiba TEC of Tokyo, Japan, reported results for its fiscal first quarter, which consisted of the three......
Financial News / News / Xerox
Billionaire investor Carl Ichan, who was behind the failed Xerox takeover of HP Inc., has increased his stake in Xerox.......
On August 7th, the U.S. International Development Finance Corporation stated that it’s putting its proposed loan of $765 million to...
Financial News / News / Xerox
“We expect revenue and EBITDA to continue declining for the remainder of 2020 followed by a return to growth in 2021.”
The firm noted that Xerox equipment sales, which fell 38 percent, may recover as postponed demand is ultimately fulfilled, but that lost post-sale revenue, which declined 34 percent, will likely not be recovered.
Both operating profit and net profits were also an improvement over the previous quarter, as Sharp had reported losses for the previous quarter.
According to The Wall Street Journal, the U.S. Securities & Exchange Commission (SEC) is investigating Eastman Kodak’s disclosure of a...
Brother Industries of Nagoya, Japan, reported results for its fiscal first quarter, the three months extending from April 1 to......
The firm also reported on the impact of lockdowns on office page volumes in Europe, the United States, and Asia.
