Konica Minolta Reports Loss for Latest Quarter
Despite loss and lower revenue, KM saw revenue improvement in June.
Category: Financial News
Canon Reports First-Ever Quarterly Loss; Issues Full-Year Forecast
Canon reported “Rapid drops in actual demand in various businesses and …limited business activity. As a result, we sank into the red for the first time on a quarterly basis.”
Revenue, Net Income Tumble for Xerox’s Second Quarter
Xerox today reported results for its second quarter ending on June 30, 2020, with revenue declining to $1,465 million, a......
This Week in Imaging: Bringing the Enterprise to the Home Office
One of this week’s news items that caught our eye was Fujitsu’s announcement that it would make 80,000 of its......
Moody’s Downgrades Ricoh’s Debt-Offering Rating to ‘Not Prime’
On the bright side, Moody’s expects Ricoh’s current cash holdings, as well as a new ¥100 billion credit line, will help it weather the downturn.
Toshiba Reports Net Loss for Fiscal Year Amid COVID-19 Challenges
But firm notes that net sales declined by only 8 percent, “demonstrating the resiliency of its business.”
This Week in Imaging: The ‘New Normal’ Quickly Becomes Normal
It’s amazing how what at one point looked very odd – masses of people in China wearing protective facial shields......
Updated: Office-Imaging Companies’ Latest Financial Results and Forecasts
Amid the carnage caused by the COVID-19 pandemic, not only has the pandemic caused the loss of human life, but......
This Week in Imaging: Lexmark’s China Channel May Be Key Advantage
Lexmark’s “strategy to increase hardware placements and leverage its owner’s relationships and capacity in China offers it the potential to offset declines elsewhere.”
HP Leadership Discuss Supply-Chain Disruptions, the Way Forward, More
To say times have been tumultuous at HP Inc. is perhaps an understatement. The company has not only had to......
Revenue Slides for HP’s Quarter as COVID-19 Lockdowns Hit Office Printing
HP reported that demand for office and graphics printers and MFPs “slowed down dramatically as COVID-19 spread and markets shut down.”
Konica Minolta Reports Results for Fiscal Year
Company hit by COVID-19 lockdowns, U.S.-China trade-war tariffs.
Sharp Profit Decline for Toshiba TEC as It Copes with COVID-19 Pandemic
Toshiba TEC of Tokyo, Japan, today reported results for its fiscal year that ended on March 31, 2020. Net sales......
Fujifilm Reports Fiscal-Year Results
Fujifilm’s Document Solutions’ business was affected by lower exports to Europe and the U.S., as well as by the COVID-19 pandemic.
This Week in Imaging: Some COVID-19 Bad News – But Also Some New Opportunities
First, the bad news: recent research from Quocirca reveals that almost 80 percent of those working from home are printing......
Sharp Hit Hard by COVID-19 in Fourth Quarter
Sharp Corporation of Japan today reported results for its fiscal year that ended on March 31, 2020. Sharp noted that......
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