Lexmark (LXK) Tops Q2 EPS by 16c; Announces Restructuring Actions
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Lexmark reports second quarter results
July 21, 2015 6:30 AM EDTLEXINGTON, Ky., July 21, 2015 /PRNewswire/ --Â Lexmark International, Inc. today announced financial results for the second quarter of 2015.
"Lexmark delivered strong growth in Higher Value Solutions revenue, which is comprised of Enterprise Software and Managed Print Services," said Paul Rooke, Lexmark chairman and chief executive officer. "Despite the ongoing headwinds from the strong U.S. dollar and near-term laser supplies channel optimization particularly in EMEA, overall Lexmark delivered a good quarter.
"With the addition of Kofax, Lexmark increased Higher Value Solutions annualized revenue to approximately $1.5 billion while nearly doubling the annualized revenue of our Enterprise Software... More
