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Canon reports sales & profit decline

Art Post ·
Canon reports sales & profit decline - reported third-quarter net income of $245.6 million - posted total revenue of $8.05 billion down 6.2% - stock has dropped 4% in the last 12 months - net profit fell 43% from a year earlier to 26.52 billion yen ($244.1 million) - operating profit decreased by 43.7 percent year-over-year to ¥38.4 billion. - Income before income taxes decreased by 29.9% to 47 billion yen - overall sales of Canon office MFPs decreased slightly compared with the same...
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