Ricoh Delivers Modest Revenue Growth and Declining Profits in Q3, Cuts Full-Year Forecast

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On February 1, Ricoh Company announced its financial results for the third quarter and first nine months of the fiscal year that will end in March 2016. In the third quarter, net sales grew year-over-year, but profits declined. This follows a first quarter in which sales grew but profits were down sharply (see “Ricoh Shows

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