With the exception of HP Inc. and Lexmark, virtually all office-imaging companies have releases their latest financial results. (HP will......
Category: Financial News
For the nine-month period, Toshiba reported net sales of ¥2,099.5 billion (U.S. $20.1 billion), down 15 percent year-over-year.
Overall, the company stated that its financial performance is improving.
Sharp stated it’s fully cooperating with the investigation, but that the investigation will take some time.
Ricoh Company reports losses for its latest financial results, but sees some improvement in latest quarter, and maintains forecast.
However, there was a temporary increase in printer consumables’ sales in the third quarter, in contrast to extreme decreases in the first and second quarters.
Fueled by work-from-home, Brother reported solid nine-month and third-quarter results.
Konica Minolta reports losses for latest nine-month period, but also reports improved quarterly net revenue, higher A3 sales.
Lexmark International today announced that Vishal Gupta (above) has joined its executive team as senior vice president and chief information......
Kyocera’s financial results were down year-over-year, but there was improvement in its latest quarter.
Epson announced financial results for its latest quarter, with results better than expected, and also raised its forecast.
Canon is also forecasting a recovery for its financial results in 2021, forecasting for instance, that demand for its office MFPs will increase and print volumes will recover.
Sequentially, however, Xerox fourth-quarter net revenue increased versus the third quarter, although net income and EPS declined.
Probably the biggest question is whether, like many office-imaging companies, Xerox will continue a revenue recovery that began in its third quarter – as well as reverse many quarters of declining revenue.
Canon adjusted its forecast to reflect higher sales, and some market recovery in the third quarter.
On December 25th, Sharp Corporation of Japan announced that it had discovered that improper accounting may have occurred at its......