OKI Reports First Half, Second-Quarter Financial Results
OKI also announced a Mid-Term Business Plan, and that OKI Data Corporation, which operates the printer business, will be merged into OKI Electric Industry Company.
Financial News / News / OKI
by Kathleen Wirth · Published October 29, 2020 · Last modified February 1, 2021
OKI also announced a Mid-Term Business Plan, and that OKI Data Corporation, which operates the printer business, will be merged into OKI Electric Industry Company.
by Kathleen Wirth · Published October 27, 2020 · Last modified February 1, 2021
Xerox noted that as more businesses re-opened in the third quarter, it saw print volumes and printer demand increase compared to the second quarter.
by Kathleen Wirth · Published October 26, 2020 · Last modified November 30, 2020
Inkjet-printer sales were significantly higher versus third-quarter 2019, due to a recovery in demand in some emerging economies on top of demand for remote working and education in developed countries and China.
by Kathleen Wirth · Published September 30, 2020 · Last modified October 7, 2020
“Xerox’s core business may not recover from the coronavirus pandemic,” the agency stated, noting that Xerox revenues have averaged a 6-percent decline over the past two and a half years before plunging 35 percent in second-quarter 2020.
by Kathleen Wirth · Published September 30, 2020 · Last modified October 5, 2020
On September 29th, Moody’s Investors Service reported that it’s completed a periodic review of its investment ratings for Xerox Holdings.......
OKI will continue to supply consumables, parts, and warranty service…Its goal is to minimize any disruptions and keep the OKI machines-in-field productive for years to come.
Financial News / Imaging Supplies / Lexmark / News / Pantum
by Kathleen Wirth · Published August 28, 2020 · Last modified September 8, 2020
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Featured Posts / Financial News / HP / News
by Kathleen Wirth · Published August 27, 2020 · Last modified August 28, 2020
Personal System revenue gains – with Consumer PC revenue up 42 percent – offset a sharp decline in printer revenue.
Eastman Kodak / Financial News / News
by Kathleen Wirth · Published August 19, 2020 · Last modified August 25, 2020
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Featured Posts / Financial News / Fujfilm / Fuji Xerox / Fujifilm / News
by Kathleen Wirth · Published August 13, 2020
The firm also provided updates on its development of a COVID-19 treatment and vaccine.
On August 11th, Toshiba TEC of Tokyo, Japan, reported results for its fiscal first quarter, which consisted of the three......
Financial News / News / Xerox
by Kathleen Wirth · Published August 10, 2020 · Last modified August 14, 2020
Billionaire investor Carl Ichan, who was behind the failed Xerox takeover of HP Inc., has increased his stake in Xerox.......
Eastman Kodak / Financial News
by Kathleen Wirth · Published August 10, 2020 · Last modified August 14, 2020
On August 7th, the U.S. International Development Finance Corporation stated that it’s putting its proposed loan of $765 million to...
“We expect revenue and EBITDA to continue declining for the remainder of 2020 followed by a return to growth in 2021.”
by Kathleen Wirth · Published August 6, 2020 · Last modified August 14, 2020
The firm noted that Xerox equipment sales, which fell 38 percent, may recover as postponed demand is ultimately fulfilled, but that lost post-sale revenue, which declined 34 percent, will likely not be recovered.
Both operating profit and net profits were also an improvement over the previous quarter, as Sharp had reported losses for the previous quarter.
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