23.02.2016 - Lexmark International has reduced the loss
Lexmark International, Inc. announced the reduction of losses in the last quarter of last year. Thus, the loss of the company totaled 10.7 million compared to 22.6 million dollars for the same period of the last year. Revenue declined to 968.8 million dollars. In addition, the company announced a restructuring within which around 550 jobs, or 4% of the company's workforce will be reduced in 12 months. Some positions were transferred to lower-cost countries. Quotes of the company may show a modest growth of 10-15% this year.