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Short Take: Lexmark earnings up

Lexmark announced record second-quarter earnings of $34 million, or 45 cents per share, up from $30.8 million, or 40 cents per share, in the same quarter last year. Still, revenues were adversely affected by reduced prices on its Optra product line and by lower foreign currency rates.

July 21, 1997 3:30 p.m. PT

Lexmark announced record second-quarter earnings of $34 million, or 45 cents per share, up from $30.8 million, or 40 cents per share, in the same quarter last year. Still, revenues were adversely affected by reduced prices on its Optra product line and by lower foreign currency rates.