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

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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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