Lexmark Finds High Value in MPS

Lexmark revealed its Managed Print Services (MPS) can be regarded as the higher value solutions segment according to its financial report of the third quarter of 2016 (3Q2016).

The company’s total revenue for the past three months was US$844 million, down 1% year-over-year (YOY) on a GAAP basis. The core revenue of the company in 3Q2016 totaled US$830 million, with a YOY growth rate around 1% on a GAAP basis.

The revenue of Higher Value Solutions includes MPS and enterprise software. The revenue of the solutions posted US$366 million during the period. Its YOY growth rate increased 3% on a GAAP basis.

The revenue of imaging solutions and services (ISS) in 3Q2016 registered US$688 million, down by around 2% on a GAAP basis.

For the full report, please visit: http://investor.lexmark.com/

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