Lexmark to Cut Jobs as Core Businesses Grow but Revenue and Earnings Decline

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On January 31, in announcing his firm’s financial results for the fourth quarter and fiscal 2011, Lexmark Chairman and CEO Paul Rooke deemed fiscal 2011 to be a “good year for Lexmark given the challenging global economic environment.” Highlights, he said, included record laser supplies revenue, a record gross profit margin, and strong operating income.

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