Kodak’s recent decision to suspend printer line impacts Q1 results
Revenue was slightly impacted by Kodak's decision to suspend manufacturing and sales of its EPS printer line due to increased cost and supply chain issues.
Paychex reports increase in third-quarter sales, profit
Paychex Inc. reported year-over-year increases in third-quarter sales and profit, which company leaders said was largely due to growth in new sales and strong retention.
Kodak reports fourth-quarter profit, leaders expect continued momentum in 2023
Eastman Kodak Co. reported a fourth-quarter profit after markets closed Thursday.
Graham Corp. posts Q3 profit, sales increase
Graham Corp. reported third-quarter financial results Monday that company leaders said reflects steady progress toward increasing sales and improving profitability. The Batavia, Genesee County-based manufacturer posted net income of $368,000, or 3 cents a diluted share, versus a net loss of $3.7 million, or 35 cents a diluted share, a year ago. Adjusted EBITDA was […]
Sales, profit up for Xerox in Q4
"Our employees and partners worked hard to deliver the highest level of revenue since the start of the pandemic and I am proud of the focus and dedication which led to these results,” said Steve Bandrowczak, Xerox CEO, in a statement. “As macroeconomic uncertainty extends through this year, we will continue working alongside our clients to develop and deploy essential workp[...]
Constellation Brands reports drop in third-quarter profit
The Victor-based firm reported net income of $468 million, or $2.52 a share, compared to $470.8 million, or $2.48 a share, in the previous year’s quarter. Adjusted net income was $2.83 a share.
Paychex reports year-over-year increases in sales and net profit in Q2
Paychex Inc. reported year-over-year growth in second-quarter sales and net income, due largely to the company’s strong execution and comprehensive suite of solutions, its leaders said. The business reported before markets opened Thursday that net income was up eight percent to $360.3 million, compared to net income of $332.1 million a year ago. Diluted earnings per share […]
Kodak reports year-over-year revenue growth in 3Q for sixth consecutive quarter
Eastman Kodak Co. posted a third-quarter profit Tuesday despite what company leaders called a challenging business environment, with factors such as increased labor and materials costs and the impact of foreign exchange, affecting profitability.
Graham posts Q2 loss, reports record number of orders
Sales were up 12 percent to $38.1 million over the prior-year period reflecting solid growth in space and refining/petrochemical commercial aftermarket.
Ultralife reports Q3 loss
Ultralife Corp. reported a third-quarter net loss before markets opened on Thursday largely due to supply chain challenges and inflation. Sales were up 52 percent.
Inflation, supply chain challenges impact Xerox’s third-quarter results
Xerox now expects annual revenue in the range of $7.0 to $7.1 billion in actual currency versus previous estimates of revenue from at least $7.1 billion.
Beer sales drive revenue growth in Constellation Brands’ second quarter
The Victor-based firm reported a second-quarter net loss before markets opened Thursday of $1.15 million, or $6.30 a share, compared to net income of $1.5 million, or a penny a share, during the same period last year.