Lexmark reports first quarter results
LEXINGTON, Ky., April 28, 2015 /PRNewswire/ — Lexmark International, Inc. today announced financial results for the first quarter of 2015.
“Despite a strong currency headwind, Lexmark delivered revenue and EPS at the top of our January guidance range,” said Paul Rooke, Lexmark chairman and chief executive officer. “Double-digit revenue growth in Higher Value Solutions is another clear indication that our transformation strategy is working.
“Our Annuity revenue represents approximately 70 percent of Core revenue, fueling Lexmark’s ability to invest in growing our Higher Value Solutions capabilities while also returning capital to shareholders through dividends and share repurchases.”