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Consumers abandon Lexmark

Issue #0722/3 - In advance of its second quarter earnings announcement, scheduled for 24th July, Lexmark has released a revised financial outlook for the quarter, presenting bad news.

Lexmark International has revised its second quarter financial expectations – downwards – by about 25%, blaming lower than expected operating income from the consumer segment (inkjet printers and AiOs). Apparently, consumers are not buying Lexmark’s inkjet supplies!

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