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Epson Sees Profits Shrink in Q1 2023 Despite Solid Printing Business Performance


On July 28, Seiko Epson Corporation announced its financial results for the first quarter of fiscal 2023. The company is kicking off its new fiscal year with a big downturn in profits. Company revenue increased in Q1 2023, but business profit, operating profit, and net profit all tumbled by double-digits. Epson’s biggest business segment, Printing

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