Lexmark (LXK) Tops Q4 EPS by 7c

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Lexmark reports fourth quarter and full year results

February 23, 2016 6:00 AM EST

LEXINGTON, Ky., Feb. 23, 2016 /PRNewswire/ -- Lexmark International, Inc. today announced financial results for the fourth quarter and full year of 2015.

"Lexmark had a good fourth quarter. We more than doubled fourth quarter Enterprise Software non-GAAP operating income margin year to year to 24 percent, and delivered full year MPS revenue growth for the 16th consecutive year," said Paul Rooke, Lexmark chairman and chief executive officer. "Our Higher Value Solutions now comprise more than 40 percent of Core revenue and grew 26 percent in constant currency.

"We continue to focus on the growth and transformation of the company.... More