Lexmark Q2 Profit Rises Five-fold

(RTTNews) – Printing and imaging products maker Lexmark International Inc. (LXK) on Tuesday reported a five-fold increase in profit for the second quarter from last year, driven by strong sales of printers and supplies in addition to improved demand for services. The latest quarter’s results also include fewer charges as compared to the prior-year period.

Excluding [...]

Lexmark Jumps on Second-Quarter Sales, Profit Gains

July 27 (Bloomberg) — Lexmark International Inc., the maker of laser and inkjet printers, rose the most in more than five months after posting revenue and profit that beat analysts’ estimates on improving equipment and services sales.

Second-quarter profit excluding some items was $1.23, the Lexington, Kentucky-based company said today in a statement. That topped the [...]

Lexmark profit boosted by supplies sales

Lexmark International Inc posted a higher-than-expected quarterly profit on Tuesday on strong sales of printers and ink supplies, and as improved demand for services helped beef up margins.

Shares of Lexmark, whose larger rivals include Hewlett-Packard and Xerox, rose more than 9 percent after the company also gave an optimistic forecast for the current quarter.

Lexmark, which [...]