Ninestar’s Revenue, Earnings Down Sharply Due to Sale of Lexmark
But company says that its reduced debt and a renewed focus on the Chinese market will return it to profitability in 2026.
Tagged: Lexmark International
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.”
Revenue, Operating Profit Up for Xerox, and Net Loss Lower
Xerox today reported results for its third quarter, with revenue up markedly due to contributions from Lexmark…
NInestar Shareholders Approve Sale of Lexmark to Xerox
Xerox has moved one step closer to acquiring Lexmark International…
European Commission Clears Path for Xerox’s Acquisition of Lexmark
Xerox hopes to complete the transaction in the second half of this year.
This Week in Imaging: Xerox’s Lexmark Acquisition Draws Closer
Hurdles still remain for Xerox’s Lexmark acquisition – but one thing’s for sure – U.S. regulatory authorities should have no problem bringing the IBM spin-off back into U.S. ownership.
Lexmark Execs to Join Xerox Leadership Team After Acquisition
Xerox, which is set to acquire Lexmark International for $1.5 billion from Ninestar Corporation, today announced that several Lexmark executives......
Xerox Seeks Additional $100 Million for Lexmark Financing, Other Updates
Plus, an update on Lexmark finances and an investor in the Lexmark acquisition.
Ninestar Forecasts Turnaround for Fiscal-Year 2024
Ninestar Corporation of Zhuhai, China, has released its financial forecast for its fiscal-year 2024…
Lexmark Launches Print Security Assessments, Managed Print Security Services
New service helps close often overlooked vulnerabilities by securing enterprise print fleets from cyberattacks.
Ninestar Updates on Proposed Lexmark Sale, Return to Profit for 2024
Last week, Ninestar Corporation of Zhuhai, China, announced the progress of it sale of Lexmark International to Xerox for $1.5......
Lexmark Headquarters Receives CarbonNeutral Designation
Company also reports on toner-cartridge return rates and PCR rates.
Funai Electric Bankruptcy Plan Receives Approval
Company had purchased part of Lexmark’s business back in 2013 for approximately $100 million.
Lexmark’s Optra IoT Platform Helps Heating and Cooling Provider Keep Things Comfortable
If there’s one thing printers and copier/MFPs require, it’s monitoring them to make sure they’re up and running – that is, that they have enough toner, ink, and paper, and that no errors have occurred…
Lexmark with its ‘Secure by Design’ Approach Named a Print Security Leader
“Lexmark once again demonstrates its security prowess by refreshing its Secure by Design…”
Bloomberg Reports That Lexmark May Be Up For Sale Again
Lexmark was spun off of IBM in 1991 and then acquired by Ninestar and other investors in 2016.
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