(Reuters) - NEW YORK, July 24 - Computer printer maker Lexmark International Inc. said on Tuesday second-quarter net income fell on weak sales of ink cartridges and higher sales of unprofitable inkjet printers. Lexington, Kentucky-based Lexmark, which competes with Hewlett-Packard Co. , posted net income of $64.2 million, or 67 cents a share, down from $76.7 million, or 74 cents a share, a year earlier.
Excluding a one-time benefit from restructuring-related activities, the company earned 65 cents a share. On that basis, analysts were expecting 63 cents a share, according to Reuters Estimates.
Read more at Reuters.com Market News
Excluding a one-time benefit from restructuring-related activities, the company earned 65 cents a share. On that basis, analysts were expecting 63 cents a share, according to Reuters Estimates.
Read more at Reuters.com Market News
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