Feeds

Creative revels in 'outstanding' Q4

Full year figures not bad either

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Creative Technology - aka Creative Labs - today said its Q4 results had exceeded its own expectations, with sales rising 35 per cent over the year-ago quarter to $201.8m.

The three months to 30 June 2004 saw income reach $6.6m (eight cents a share), up 43 per cent on Q4 2003's $4.6m (six cents a share).

For the whole year, Creative's sales of MP3 players and audio accessories totalled $814.9m up 16 per cent from 2003's $701.8m. Net income rose 68 per cent year on year from $29.4m (36 cents a share) to $49.4m (59 cents a share) on the back of improved margins and cost-control.

Investment gains, a tax write-back and other one-offs took 2004's income to $134.2m (161 cents a share), compared to 2003's $23.4m (29 cents a share).

Looking ahead, Creative said it expects its current quarter, Q1 2005, to yield year-on-year revenue growth of 25-30 per cent to $200-210m. With gross margins anticipated at around 32 per cent, plus $60-62m in operating expenses, Creative reckons Q1 should yield earnings of six cents a share. ®

Related stories

CE firms drawn to magnets for wireless MP3 players
MS cheers as Amazon offers 'iPod killer' Media Centers
Creative laptop-in-the-bath ad banned
MS, partners tout Portable Media Center iPod killer
Creative unveils 60GB iPod alternative

Related reviews

Creative MuVo 2 4GB MP3 Player
Creative ships 256MB MuVo TX
Creative Jukebox Zen Xtra

Choosing a cloud hosting partner with confidence

More from The Register

next story
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
NSA mass spying reform KILLED by US Senators
Democrats needed just TWO more votes to keep alive bill reining in some surveillance
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
The total economic impact of Druva inSync
Examining the ROI enterprises may realize by implementing inSync, as they look to improve backup and recovery of endpoint data in a cost-effective manner.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.