Lexmark profit falls on lower printer sales
April 23 (Reuters) - Lexmark International Inc reported a 43 percent drop in quarterly profit, hurt by lower sales of its printers.
Net income fell to $34.8 million, or 54 cents per share, in the first quarter, from $60.8 million, or 84 cents per share, a year earlier.
Revenue fell 11 percent to $884.3 million.
- Protesters fell Lenin statue, tell Ukraine's president 'you're next'
- Four dead in apparent Connecticut murder-suicide
- South Korea expands air defense zone to partially overlap China's |
- Singer Susan Boyle reveals she has Asperger's syndrome: paper
- Winter storm pushes up U.S. East Coast after deep-freeze in the South