U.S. & Canada
Lexmark reports 19% profit rise
Published: July 26, 2011 at 9:13 a.m. ET
Rex Crum
SAN FRANCISCO (MarketWatch) -- Lexmark International Inc. lxk on Tuesday reported a fiscal second-quarter profit of $101.3 million, or $1.27 a share, on revenue of $1.04 billion. During the same period a year ago, the printer maker earned $85.1 million, or $1.07 a share, on $1.03 billion in sales. Excluding one-time items, Lexmark would have earned $1.36 a share, while analysts surveyed by Thomson Reuters had forecast the company to earn $1.03 a share on revenue of $1.01 billion.
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Rex Crum is a technology reporter for MarketWatch in San Francisco. Follow him on Twitter @mktwcrum.