Live: 300+ Best Black Friday Deals Live: Black Friday TV Deals BF Deals Under $25 BF Deals Under $50 5 BF Splurges 8 BF Must-Haves 15 Weird Amazon BF Deals BF Cheat Sheet
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Short Take: Lexmark earnings up 26 percent

Lexmark reported fourth-quarter revenues of $736 million, an increase of 7 percent over a year ago. The printer maker said its revenues were negatively impacted by 6 percent as a result of foreign currency translation, but its net earnings for the quarter increased 26 percent, to $57 million, or 78 cents a share, compared with $45 million, or 59 cents a share, reported in 1996. Lexmark's full-year revenues were $2.5 billion, an increase of 5 percent over 1996 revenues.

Lexmark reported fourth-quarter revenues of $736 million, an increase of 7 percent over a year ago. The printer maker said its revenues were negatively impacted by 6 percent as a result of foreign currency translation, but its net earnings for the quarter increased 26 percent, to $57 million, or 78 cents a share, compared with $45 million, or 59 cents a share, reported in 1996. Lexmark's full-year revenues were $2.5 billion, an increase of 5 percent over 1996 revenues.