HP Reports Sixth Consecutive Quarter of Revenue Growth, But Print Revenue Continues to Decline
Company also announced restructuring plan that will eliminate 4,000 to 6,000 employees.
Category: Featured Posts
Ricoh Sets Sights on Expanding in the High-Growth Commercial and Industrial Print Markets
Company notes that while A4 office print market volume is declining at 1.9 percent annually, digital color production printing will grow at an average annual rate of 12 percent through 2030.
S&P Downgrades Xerox Credit Rating Citing Declining Lower Revenue, Lexmark Integration Risks
Earlier this month, S&P Global Ratings downgraded Xerox’s credit rating from B- to CCC+, based on the…
This Week in Imaging: The Copier/MFP Goes from Hardware Endpoint to AI-Assisted Workflow Entry Point
The impact of AI is everywhere nowadays, but it’s also quietly making big changes when it comes to the copier/MFP…
New Comprehensive Xerox Cybersecurity Solution for SMBs Includes Detection, Monitoring and Insurance
One of the biggest challenges facing small and mid-size businesses (SMBs) in today’ s modern, connected workplace are cybersecurity threats, which can potentially cost businesses tens of thousands…
Ricoh Files Lawsuit Against U.S. Reciprocal Tariffs
Our own take is that the Supreme Court, which is currently considering the legality of the tariffs, has made multiple skeptical comments about the tariffs, and they are likely to be overturned. That in turn could lead to many lawsuits like Ricoh’s..
This Week in Imaging: Latest Six-Month Financial Results from Printer/Copier Companies
Our six-month snapshot of company revenue and earnings shows some clear winners and losers; revenue for most tended to be flat, but many reported surging operating profit, typically as cost reductions paid off.
Brother Sees Gains in Second Quarter, Raises Forecast
On November 10th, Brother Industries of Japan reported financial results for its second quarter and first half, with both ending......
Sharp Continues Return to Profitability After Two Years of Losses
Aggressive restructuring program yields strong profit despite lower sales.
Sales Down Slightly for Ricoh, But Big Increase for Profits
On November 7th, Ricoh Company of Japan reported financial results for its second quarter and first half…
This Week in Imaging: Supreme Court Leaning Towards Overturning U.S. Tariffs
U.S. Supreme Court appears poised to invalidate sweeping U.S. reciprocal tariffs imposed by Trump administration.
Fujifilm Reports Record Highs for Second Quarter, Gains for Business Innovation Business
Fujifilm of Japan today reported financial results for its second quarter, and first half, which both ended on September 30,...
Konica Minolta Reports Big Earnings Growth for First Half and Second Quarter
Big profit surge continues from first quarter, including Digital Workplace business.
Ricoh USA Divests IT Services Business Acquired from MindSHIFT – Update
Sale comes as Ricoh of Japan has said for the last several years that it will focus on becoming a digital services provider, including providing IT services.
This Week in Imaging: Xerox Adopting Lexmark A3 Copier/MFP Platform, Focusing on New OEM Partnerships
“This platform is more profitable for Xerox on day one as well as over the life of the product given Lexmark’s focus on design for serviceability.”
Despite Lower Revenue, Kyocera Reports Strong Profit and Income Growth
Kyocera Corporation of Japan today reported results for its second quarter and first half …
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