Lexmark Earnings: Revenue Declines Less Than Expected As Merger And Delisting Seems Eminent

-25.03%
Downside
40.49
Market
30.36
Trefis
LXK: Lexmark International logo
LXK
Lexmark International

Lexmark (NYSE:LXK) announced its Q2 result on July 29th. [1] The company reported that its revenue fell by 1.82%, less than expected. This might me the last earnings release by the company as it gears for delisting; its shareholders have approved the merger with a consortium of investors led by Apex Technology Co., Ltd. (Apex) and PAG Asia Capital (PAG). The summary of results is as follows:

Lexmark Q2 2016

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Lexmark
Notes:
  1. Lexmark announces date of second quarter 2016 earnings release []