Tuesday, January 29, 2008

Lexmark beats

In this morning's pre-market-open earnings announcement, Lexmark International (NYSE LXK) reported fourth quarter earnings well ahead of last year (10%) and even further ahead of most expectations. Revenues for the quarter were actually down a bit from last year ($1.31 Billion vs $1.37 Billion), it was "growth in higher usage segments" that helped Lexmark surprise on the upside for a change.

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