Xerox releases first-quarter results

Xerox releases first-quarter results

Company sees improving page volumes and record backlog but says profits were impacted by rising costs. Beginning in the first quarter of 2022, the Company made a change to its reportable segments from one reportable segment to two reportable segments – Print and...
WW HCP unit shipments decline in 4Q21

WW HCP unit shipments decline in 4Q21

Worldwide hardcopy peripherals shipments were down 17.6% year-over-year in the fourth quarter of 2021, according to IDC. The worldwide hardcopy peripherals (HCP) market saw unit shipments decline 17.6% year-over-year to 22.3 million units in the fourth quarter of 2021...
Ricoh reports increased sales by 7%

Ricoh reports increased sales by 7%

Ricoh has reported its consolidated financial results for the third quarter and nine months period, ended 31 December 2021. Sales in the last nine months have increased by 7.0% (to ¥1,276.1 billion ($11.1 billion/ €9.7 billion)) compared to the same period of the...
Oki impacted by material procurement issues

Oki impacted by material procurement issues

In the nine months period Oki reported decreased net sales but operating profit improved year-on-year (YoY). Oki Electric Industry Co., Ltd for the first nine months period of fiscal year 2022/23, ending 31 March 2022, reported net sales of ¥246.4 billion ($2.14...
Xerox releases first-quarter results

Toshiba Tec reports massive jump in profits

In the company’s latest financials results for the nine months period ended 31 December 2021, the company recorded a year-on-year (YoY) increase of 171% in operating profits and an 11.8% increase YoY in net sales. Toshiba Tec reported net sales of ¥328.52 billion...