25 July 2006 — Lexington (KY): Lexmark has posted a four percent drop in Q2 profit to $76.7 million, or EPS of $0.74, compared to $79.9 million, or EPS of $0.64 million, the year before.
The increase in EPS reflects approximately 20 million fewer shares outstanding in 2006.
Revenue also fell by four percent to $1.23 billion from $1.28 billion in the same period last year.
The company experienced restructuring charges of $0.35 per share.