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Articles in category: Finance
R. R. Donnelley & Sons Company (Nasdaq:RRD) announced today that it has been awarded a $250 million multi-year agreement by Dex Media for directory production that renews and significantly expands the companies' relationship through 2020. Under the terms of the agreement, RR Donnelley will produce approximately 1,700 directory titles each year, totaling more than 87 million copies annually. In addition, approximately 200 titles, totaling more than 190,000 copies, will be produced on their digital platform.(Read Full Article)
Lexmark's fourth quarter financial results were highlighted by double-digit revenue growth in the company's high value areas of Managed Print Services (MPS) and Perceptive Software, which comprised more than 25 percent of the company's total revenue in the quarter. Highlights also included a record gross profit margin percentage for the fifth consecutive year, solid cash generation and the ongoing execution of the company's capital allocation framework.(Read Full Article)
Lexmark International, Inc (NYSE:LXK) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services , document workflow, and also provides business process and content management solutions. Get Analysts' ...(Read Full Article)
In addition to matters affecting the construction, managed print services , document management or reprographics industries, or the economy generally, factors that could cause actual results to differ from expectations stated in forward-looking ...(Read Full Article)
HP today announced financial results for its first fiscal quarter.
First quarter GAAP diluted net earnings per share (EPS) was $0.74, up from $0.63 in the prior-year period and above the previously provided outlook of $0.60 to $0.64. First quarter non-GAAP diluted net EPS was $0.90, up from $0.82 in the prior-year period and above the previously provided outlook of $0.82 to $0.86. First quarter non-GAAP net earnings and non-GAAP diluted net EPS exclude after-tax costs of $317 million and $0.16 per diluted share, respectively, related to the amortization of intangible ...(Read Full Article)
Nashua Holdings, a subsidiary of listed firm Reunert, has acquired a 60% stake in Prodoc Svenska AB, a Swedish office automation, document solutions and workflow provider.
Nashua and Prodoc both supply Ricoh products and rank within Ricoh International’s top five independent office automation distributors.
Nashua said the acquisition will provide the company with growth opportunities in a new territory and first-hand knowledge of managed document solutions that it will be able to roll out to its home-market customers.(Read Full Article)
Deerfield-based United Stationers reported its fourth quarter 2013 earnings per share increased 6.2 percent over the same period last year, despite a 1.6 percent decrease in sales.(Read Full Article)
United Stationers Fourth Quarter EPS Rises 4.9 Percent to $0.85; Adjusted EPS was $0.86, Up 6.2 Percent
For the quarter ended December 31, 2013, United Stationers (NASDAQ: USTR) today announced that net income was $34.1 million, or $0.85 per share, compared with $32.9 million, or $0.81 per share, in 2012. The results include a...(Read Full Article)
AUXILIO, Inc. , the nation’s leading Managed Print Services company for health care, announced today that it has retained MZ Group as its investor relations advisor.(Read Full Article)
“Perceptive Software's profitability increased again year to year, and once again Perceptive Software and Managed Print Services revenue each grew at a double-digit rate and now together represent 28 percent of our total revenue. “The synergies we have ...(Read Full Article)
R. R. Donnelley & Sons Company (Nasdaq:RRD) announced today that it has completed its previously announced acquisition of Consolidated Graphics, Inc., a provider of digital and commercial printing, fulfillment services, print management and proprietary Internet-based technology solutions.(Read Full Article)
Spartan Business Systems was sold to Digital Office Solutions (DOS).
Located in Spartanburg, SC, Spartan Business Systems is a copier/printer dealership that also provides MFP and IT services. DOS is a copier, MFP dealership headquartered in Columbia, SC.
ARC Document Solutions Expects to Report Stronger Than Expected Fourth Quarter Sales and 2013 Revenue of Approximately ...
ARC Document Solutions, Inc. , the nation's leading document solutions company for the architecture, engineering, and construction industry, today said that it expects to report sales of approximately ...(Read Full Article)
Lexmark reports fourth quarter and full year 2013 results
- Revenue growth of 4 percent in quarter, 11 percent excluding Inkjet Exit
- Full year revenue growth of 4 percent excluding Inkjet Exit
- Managed Print Services revenue growth of 22 percent in quarter, 16 percent in full year
- Perceptive Software revenue growth of 60 percent in quarter (70 percent non-GAAP), 43 percent in full year (48 percent non-GAAP)
- Significant EPS growth in quarter and full year
- Free cash flow generation of $164 million in fourth quarter, $308 million in full year
- Share repurchases and dividends totaled $39 million in fourth quarter, $157 ...
Xerox also intends to focus more on vertical markets like healthcare. In addition, it is integrating its Managed Print Services with business process and IT outsourcing capabilities to increase revenues from the Services segment to 66% of total revenue ...
In addition, it is integrating its Managed Print Services with business process and IT outsourcing capabilities to increase revenues from the Services segment to 66% of total revenue by 2017.
Xerox's (NYSE: XRX) board of directors has declared an 8.7 percent increase in the company’s quarterly cash dividend to $0.0625 per share on Xerox common stock. The dividend is payable on April 30, 2014 to shareholders of record on March 31, 2014.(Read Full Article)
The company focuses on complete business solutions including production print systems, digital presses, multifunctional products (MFPs), managed print services , vertical application solutions and related services and supplies. Konica Minolta has won ...(Read Full Article)
Our Managed Print Services have been awarded highest honors for global market leadership by industry analyst firms, a distinction that validates the strength of our Document Outsourcing business. In our Services business, we are continuing with the ...(Read Full Article)
... that a gradual shift in hardcopy peripheral devices away from the desktop and towards more shared and centralized machines will drive the growth in the hardware industry, and bolster revenues for companies that provide MPS ( Managed Print Solutions ).(Read Full Article)
Ricoh follows other printer vendors in buying into managed services through the acquisition of MindShift, the subsidiary of struggling retail giant Best Buy. The deal says more about retail and printer segments than it does about managed services viability.
The post Ricoh Acquires Best Buy Managed Services Unit appeared first on Channelnomics.(Read Full Article)
MindShift is most likely a better fit for Ricoh, which has been beefing up its services division. MindShift brings 6,900 customers to Ricoh, which already has a services unit with 8,000 specialists.
With the MindShift purchase, Ricoh also gets expertise in industries such as legal, healthcare, financial services, education and non-profits. MindShift will keep its name, 650 employees and offices.(Read Full Article)