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Article: Lexmark International Reports Record Results for Fourth Quarter and Year; Fourth-quarter Earnings Per Share Growth of 32 Percent Caps Record 1997 Earnings Performance.
- Article from:
- Business Wire
- Article date:
- January 26, 1998
CopyrightCOPYRIGHT 1998 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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LEXINGTON, Ky.--(BUSINESS WIRE)--Jan. 26, 1998--Lexmark International Group, Inc. (NYSE: LXK) today announced record revenues, operating income and net earnings for both the fourth quarter of 1997 and the full year.
"Lexmark's record financial performance for both the quarter and the year reflects our continuing ability to deliver superior printer solutions to our customers," said Marvin L. Mann, chairman and CEO. "Our double-digit unit volume growth in both network laser and color inkjet printers in 1997 is evidence that our strategies are working."
Full-year review: Operating income up 19 percent
Revenues for 1997 were $2.5 billion, an ...