Difficult First Half for Epson, But Improving Second Quarter
Epson also slashed its forecast for its fiscal year, and is now projecting revenue to be down 6.2 percent and profits down 40 percent, with both versus its previous forecast.
Category: Financial News
Xerox Earnings Up for Third Quarter, Raises Forecast
Xerox also said its multi-year Project Own cost-cutting program contributed $640 million of savings so far in 2019.
Sharp Drop in Earnings for Canon’s Third Quarter, Lowers Outlook
During the third quarter, overall unit sales of office MFPs decreased slightly compared with the same period of the previous year, owing, Canon says, to the sales decline of monochrome-model office MFPs.
Ninestar Releases Latest Fiscal Forecast
For its most recent quarter, Ninestar expects a year-over-year increase in earnings of from 52.63 percent to 107.14 percent.
Y Soft Reports ‘Record’ Fiscal-Year Results
In FY2019, 42 percent of Global Fortune 500 enterprises used YSoft SafeQ compared to 34 percent in FY2018.
HP Inc. CFO Discusses Supplies, Tariffs
“One of the common misperceptions that the only thing that matters about HP is Supplies. Supplies is important, yes, but there are other mechanisms for us to drive value.”
Ninestar Releases Details on First-Half Financial Results
Revenue for Ninestar’s consumables’ business unit grew 22 percent year-over-year.
Ninestar Discusses Konica Minolta Partnership, Reports Half-Year Results
Since 2016, Ninestar and Konica Minolta have had a “close collaboration on A3 copiers, A4 printers, 3D printers, as well as integrated circuit products.”
Earnings Up, But Revenue Down for Kodak’s Second Quarter
On August 8th, the Eastman Kodak Company reported financial results for the second-quarter 2019, including net earnings of $201 million...
Revenue Down for Fujifilm’s Quarter, but Forecasts ‘Record High’ Net Income
On August 8th, Fujifilm Holdings of Japan – which last year failed in a complicated merger deal to acquire Xerox......
Toshiba Reports Loss for First Quarter
Net sales for Toshiba’s Retail & Printing Solutions group were ¥118,297 million, versus ¥116,973 million for the same quarter a year ago
Sales Slow at Toshiba Tec, but Profits Up
Toshiba Tec of Japan yesterday reported results for its first quarter, which consisted of the three months ending on June......
Revenue, Net Income Down for Brother’s First Quarter
Brother cited a strengthening of the Japanese yen versus other currencies as a factor responsible for lower sales and revenues, but did not change its forecast.
Sales, Profits Slip for Kyocera’s First Quarter
On August 2nd, Kyocera Corporation of Tokyo, Japan, results for its first quarter (April 1 to June 30, 2019). Sales...
This Week in Imaging: Latest Financial Round-Up: Lower Sales, Profits
This was a significant week in the office-imaging industry, with multiple vendors reporting lower sales and profits, and warning of a slowing economy.
Sales, Profits Down for Sharp’s First Quarter
In the first quarter, sales for Sharp’s 8K Ecosystem group (which includes copier/MFPs) were down 9.8 percent year-over-year to ¥262.5 billion
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