*NEWS* SLOW Q3. FOR IKON

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*NEWS* SLOW Q3. FOR IKON

 user 2005-08-01 at 11:29:00 am Views: 64
  • #12177

    Slow Q3 for Ikon
    AUG2005 – Valley Forge (PA): Ikon Office Solutions has posted a 4 per cent fall in Q3 revenue to $1.1 billion from $1.14 billion a year earlier.

    Net income was $24.4 million, or EPS of $0.18, compared to $8.3 million, or EPS of $0.06, in Q3 2004.

    The rise in earnings was due to a smaller expense for early debt repayments of $1.7 million compared with $35.9 million in the previous year.