Lawsuits Offer Little to Offset Lexmark’s Flagging Q3 Revenue and Profits

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Lexmark investors received more bad news when the company reported its third-quarter financial results on October 23. For the fourth consecutive quarter, Lexmark reported that sales of hardware and supplies were down on a year-to-year basis. Hardware sales plunged 24 percent compared to the third quarter of last year and supplies revenue was down 10 percent

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