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Lexmark Quarterly Business Roundup

LEXINGTON, Ky., March 3, 2014 /PRNewswire/ --

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Lexmark's fourth quarter financial results were highlighted by double-digit revenue growth in the company's high value areas of Managed Print Services (MPS) and Perceptive Software, which comprised more than 25 percent of the company's total revenue in the quarter. Highlights also included a record gross profit margin percentage for the fifth consecutive year, solid cash generation and the ongoing execution of the company's capital allocation framework.

  • Lexmark International, Inc. (NYSE: LXK) announced financial results for the fourth quarter and full year of 2013. To access the earnings news release, click here, and for the earnings presentation, click here.
  • Lexmark's Board of Directors declared a quarterly cash dividend of $0.30 per share of Lexmark Class A Common Stock. The dividend is payable on March 14, 2014, to shareholders of record as of the close of business on March 3, 2014.   
  • After the close of the markets on Jan. 28, 2014, Lexmark entered into an accelerated share repurchase agreement (ASR Agreement) with The Bank of Nova Scotia (Scotiabank). Pursuant to the terms of the ASR Agreement, the Company will purchase $21 million of the outstanding shares of its Class A Common Stock from Scotiabank. 

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About Lexmark
Lexmark is uniquely focused on connecting unstructured printed and digital information across enterprises with the processes, applications and people that need it most. For more information, please visit www.lexmark.com.

Lexmark and Lexmark with diamond design are trademarks of Lexmark International, Inc., registered in the U.S. and/or other countries. All other trademarks are the property of their respective owners.

All prices, features, specifications and capabilities are subject to change without notice.

SOURCE Lexmark International, Inc.

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