News Releases

Lexmark Quarterly Business Roundup

- A review of Lexmark and Perceptive Software's significant news, which includes contract wins, product introductions, industry recognition and organizational announcements, over the past quarter

Sep 1, 2011

LEXINGTON, Ky., Sept. 1, 2011 /PRNewswire/ --

News Facts

Customer News

Lexmark and Perceptive Software secured a number of notable customer wins, two of which are highlighted by Managed Print Services (MPS) agreements, a rapidly growing enterprise services segment for Lexmark. Lexmark continues to drive results for its MPS customers in the form of infrastructure optimization, workflow solutions and proactive management of printer fleets and supplies, ultimately reducing costs.

To view the multimedia assets associated with this release, go to: http://multivu.prnewswire.com/mnr/lexmark/48228/

(Photo:  http://photos.prnewswire.com/prnh/20110901/MM56779 )

Perceptive Software's customer wins included two deployments of its award-winning ImageNow Enterprise Content Management (ECM) solution to automate business processes and drive efficiency in the education and utility sectors.

 

Corporate News

Lexmark's second quarter financial performance featured record earnings per share, better than expected revenue and very strong gross profit and operating income margins. The company saw continued revenue growth in its strategic focus areas, accentuated by a double digit growth rate in core supplies, and MPS growth exceeding 25 percent. Lexmark's balance sheet and cash flow remain strong, enabling Lexmark to continue investing strategically in its business while returning value to its shareholders.

  • Lexmark announced financial results for the second quarter of 2011. To access the second quarter 2011 earnings news release, click here, and for the earnings presentation information click here.
  • On Aug. 2, 2011, Lexmark announced it has resumed its share repurchase program authorized by its Board of Directors in May 2008.  The company anticipates repurchasing $250 million of its outstanding shares in the second half of 2011.
  • Perceptive Software continues on the track to broaden its business and drive growth internationally. In the last year, the company has rapidly expanded its presence outside the U.S. with office openings in Switzerland, France and Germany, in addition to an already established location in the UK.

 

Industry Recognition

Perceptive Software achieved an important certification in the healthcare industry, a key customer segment for the company, affirming that ImageNow functionality can satisfy applicable "meaningful use" requirements mandated by the federal government.

Lexmark again earned broad recognition for its innovative output devices, particularly in the workgroup multifunction product (MFP) category, from top-tier industry product reviewers and testing houses last quarter.

 

Products, Software, Solutions and Services News

Lexmark's New Branch Bank and Mobile Printing Solutions were among Lexmark's most noteworthy new offerings in the second quarter, both designed to help advance the company's 'Capture-Manage-Access' strategy. In addition, Lexmark broadened its services reach, extending down into the mid-market arena to make its MPS offerings available via authorized Toshiba subsidiaries and dealers.

 

Supporting Resources

 

About Lexmark

Lexmark International, Inc. (NYSE: LXK) provides businesses of all sizes with a broad range of printing and imaging products, software, solutions and services that help customers to print less and save more. Perceptive Software, a stand-alone software business within Lexmark, is a leading provider of enterprise content management software that helps organizations easily manage the entire lifecycle of their documents and content, simplifying their business processes, and fueling greater operational efficiency. In 2010, Lexmark sold products in more than 170 countries and reported more than $4 billion in revenue.

To learn more about Lexmark, please visit www.lexmark.com. For more information on Perceptive Software, please visit www.perceptivesoftware.com.

For more information on Lexmark, see the Lexmark Facebook page and follow us on Twitter.

For more information about Perceptive Software, please visit the company's Facebook and Twitter profiles.

Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries.  All other trademarks are the property of their respective owners.

All prices, features, specifications and capabilities are subject to change without notice.

SOURCE Lexmark International, Inc.

For further information: Investor Contact: John Morgan, +1-859-232-5568, jmorgan@lexmark.com; Media Contact: Jerry Grasso, +1-859-232-3546, ggrasso@lexmark.com


print email rss