Toshiba, Toshiba TEC Report Latest Financial Results
Toshiba reported net profits of ¥1.02 trillion ($9.16 billion) for the quarter, up from ¥50.33 billion a year before, as it received ¥966 billion in gains from the sale of the memory business.
Tagged: Financial News
Konica Minolta Reports Latest Financial Results
In Konica Minolta’s office-products business unit, sales of monochrome A3 copier/MFPs declined year-over-year, but sales of color models “grew considerably,” resulting in an overall increase.
Sharp Reports Latest Financial Results
Net sales were higher year-over-year for six consecutive quarters beginning in the fourth quarter of Sharp’s fiscal-year 2016.
Electronics for Imaging Reports Second-Quarter Results
For it second quarter that ended June 30, 2018, EFI reported record revenue of $261.1 million, up 6 percent compared to second-quarter 2017 revenue of $247.0 million.
Weak First-Quarter Results for Ricoh
Ricoh says the decline was due to losses in its overseas market, particularly in the Americas, where sales fell 6.8 percent.
Canon Reports Second-Quarter Results; Lowers Outlook
During the second quarter, sales of office copier/MFPs were up compared with second-quarter 2017, due to expanded sales of color models.
Xerox Reports Second-Quarter Results, Addresses Fuji Xerox Partnership
“Fuji Xerox remains a partner but they need to earn our business.”
Sharp Cancels Share Sale
Citing current U.S.-China trade tensions, Sharp Corporation of Osaka, Japan, has cancelled its bid to raise capital by selling new......
Toshiba Completes Sale of Memory Business to Bain Consortium
The Bain-led consortium includes Apple Inc., SK Hynix, Dell, Seagate Technology, and Kingston Technology.
HP Continues to Report Strong Revenue Growth, Raises Forecast
HP Inc. CEO and President Dion Weisler commented: “We delivered another quarter of double-digit year-over-year revenue and profit growth, strong EPS (earnings per share) and impressive free cash flow and performed well across segments and regions.”
Toshiba Reports Results for Fiscal Year
Toshiba’s memory-chip business brought in about 90 percent of Toshiba’s operating profit for the first six months of its fiscal year.
Konica Minolta Reports Results for Fiscal Year
In the company’s Office Business group, in addition to strong sales of color copier/MFPs in North America, sales in China grew significantly.
Stellar Fiscal Year for Toshiba TEC
Toshiba Tec’s other business group, its Retail Solutions group, recorded net sales of 324.5 billion yen, up 3.7 percent versus the previous fiscal year, and operating income of 17.3 billion yen, up 6.0 percent versus the previous fiscal year.
Kodak Reports First-Quarter 2018 Results
Kodak CEO Jeff Clarke commented: “Kodak had continued strong performance in SONORA Process-Free Plates, FLEXCEL NX Packaging and PROSPER Inkjet annuities. We are on plan to deliver full-year revenue and Operational EBITDA performance within the expected guidance range.”
Nuance Reports Second-Quarter 2018 Results
Nuance CEO Mark Benjamin commented: “In just a few weeks, my conviction about the potential of this company has been affirmed. There is real momentum in the core business, making it an exciting opportunity to step in at this pivotal moment.”
