Perceptive Software Helps Lexmark Break Even in Quarterly Earnings

Revenue for Microsoft Dynamics ISV Perceptive Software continues to grow, helping its parent company, Lexmark International Inc., to tread water amid a shifting mix in its portfolio.

Because of its recent decision to close its inkjet operations, for the three months that ended Sept. 30, Lexmark reported essentialy zero earnings, down from $0.86 in the same quarter in 2011.

However, during the same period, Perceptive took in $41 million in revenue, up 88% from the $23 million that Perceptive reported in the third quarter of 2011.

A lot of this growth stemmed from read more