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.
Author: Kathleen Wirth
Sharp Rolls Out New A3, A4 Lineup
New models consist of 11 workgroup models that support 11″ x 17″ media and two desktop models that support letter-legal-size media.
Marco Announces Tenth Acquisition in Two Years
Marco Technologies, which is based in Cloud, Minnesota, announced yesterday that it had acquired the customer base of Executive Technologies,...
Canon Announces Availability of Kofax AutoStore 8
Canon U.S.A. today announced the availability of Kofax AutoStore 8 for use with Canon imageRUNNER copier/MFPs. Kofax AutoStore 8 is......
Kyocera Shifting Some Copier/MFP Production to Vietnam to Avoid Tariffs
Back in June 2018, Kyocera had announced that it’s building a third factory in Vietnam in order to increase production capacity for its copier/MFPs and printers.
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...
U.S. to Impose Tariff on Remaining $300 Billion in Chinese Imports
U.S. President Donald Trump announced yesterday that on September 1st, the United States would impose a 10-percent tariff on the......
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
Xerox’s Job Eliminations Estimated at 4,500
Xerox’s global workforce is now estimated to be 28,000 employees, down from last year’s 35,000 employees.
Slow Sales, But Higher Profits for Ricoh’s First-Quarter
Sales in the Americas decreased by 2.3 percent year-over-year due to the decline of sales in the Office Printing group, although sales in the Commercial Printing group were up.
Xerox Focusing on Growing Software, Services to Reverse Revenue Trajectory
Xerox expects that about a third of its XBS locations will begin offering IT services by the end of 2019.
Sharp Decline in Operating Profit for Konica Minolta’s First Quarter
Operating profit plunged to ¥0.5 billion, a decline of 96.4 percent year-over-year.
Profits Plunge for Epson’s First Quarter, But Maintains Forecast
Within the Printing Solutions’ group, revenue for printers – consisting of 82 percent inkjet models – was down 8.2 percent year-over-year.
Revenue Down but Net Income up for Xerox’s Second Quarter
Xerox stated that its Project Own It cost-cutting program contributed some $640 million of savings thus far in 2019.
McAfee Whitelisting Now Available for Canon Copier/MFPs
““McAfee Embedded Control ensures the integrity of systems by only allowing authorized access to devices and blocking un-authorized executables.”
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