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

LXK: Lexmark International logo
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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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
  1. Lexmark announces date of second quarter 2016 earnings release []