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Ikon Office 2Q Net Falls, Revenue Up Slightly
Thursday, April 24, 2008 8:56 AM


DOW JONES NEWSWIRES

Ikon Office Solutions, Inc. (NYSE:IKN) (IKN) said Thursday its second-quarter profit totaled $22.5 million, or 24 cents per share, from $30.5 million, or 24 cents per share, in the same quarter a year before.

The flat earnings per share were due to a decrease in shares outstanding.

Revenue for the period was $1.06 billion, up from $1.05 billion a year before.

The company said that for fiscal 2008, it expects revenue to be flat year over year and earnings per share to range from 92 cents to 98 cents.

-Michael Kitchen; 415-439-6400; AskNewswires@dowjones.com

    (END) Dow Jones Newswires   04-24-08 0856   Copyright (c) 2008 Dow Jones & Company, Inc. 
(Source: iStockAnalyst )


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