Toshiba Tec’s Profits Tumble in Q3 and First 9 Months of 2023

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On February 7, Toshiba Tec reported financial results for the third quarter and first nine months of fiscal 2023. While net sales grew in both periods, operating profit tumbled and the firm posted net losses. The trouble stemmed largely from the Retail Solutions segment, which is responsible for point-of-sale (POS) systems. In contrast, the Workplace

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