Articles about Earnings Per Share

Man in tie smashes printer with baseball bat in a field.

Error: Print job 'Money' failed for laserjet001.lan.hp.com

HP Inc says it will move forward with its plans to cut costs and refocus its business as it posted better than expected quarterly numbers. For the three months to July 31, Q3 of its 2016 fiscal year, the printers and PCs half of the HP split reported: Revenues of $11.9bn were down four per cent on the year-ago total of $12. …
Shaun Nichols, 25 Aug 2016
A skull atop money

Cisco rewards massive profit jump with thousands of layoffs

Cisco is reporting record financial numbers on the same day it says it will cut 5,500 employees from its payroll. Switchzilla says that the move is part of its ongoing campaign to shift its focus from slinging networking hardware to providing software and services for enterprises moving to software-defined networks (SDN). CEO …
Shaun Nichols, 17 Aug 2016

Cisco axes up to 5,500 workers in scramble to remain relevant

Cisco will lay off up to 5,500 staff, or seven per cent of its worldwide workforce, from this month – the start of its 2017 financial year. That's someway off earlier rumors of 9,000 to 14,000 redundancies, which would be about a fifth of the networking Borg's global headcount. For what it's worth, Cisco usually trims its …
Chris Williams, 17 Aug 2016
NVidia aims to gives games power to handhelds

PCs? Eh, who needs 'em? Nvidia asks while hoovering up more cash

Nvidia says its last quarter set record high marks for revenues, as returns were up across the board. For the second quarter of fiscal 2017 – the three months to July 31 this year – the California-based GPU specialists logged: Revenues of $1.43bn, a 24 per cent increase over last year's $1.15bn. Net income of $253m was up …
Shaun Nichols, 11 Aug 2016

Bezos bags bonkers bucks as almighty AWS astounds again

Amazon Web Services (AWS) is on a roll after closing a financial quarter in which its operating income more than doubled. Amazon as a whole posted a solid quarter, with net sales of $30.4bn, up from $23.1bn, and net income of $857m, up from $92m. Much of that was due to the success of the cloud computing business. For the Q2 …
Shaun Nichols, 29 Jul 2016
Google's Sundar Pichai, speaking at Google I/O 2015

Google, er, Alphabet takes on 10,000 more staff, banks more and more billions from ads

Alphabet, the holding company for Google and the Chocolate Factory's other concerns, has reported strong growth in the second quarter ending June 30, with revenues up 21 per cent from this time last year. Google made up the vast majority of this revenue, accounting for $21.3bn for the quarter, with the other parts of Alphabet …
Iain Thomson, 28 Jul 2016
Facebook's Mark Zuckerberg, speaking at the 2015 F8 conference

Facebook is unstoppable

Facebook today revealed its financial figures for Q2 2016 – the three months to June 30 – and if you're an FB hater, prepare to be disappointed. Revenue: $6.4bn, up 59 per cent year on year from $4bn. Profit: $2bn, up 186 per cent from $719m. Earnings per share: 71 cents, up from 25 cents. Daily active users: 1.13 billion …
Shaun Nichols, 27 Jul 2016
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
Money down the drain

I'm good, I'm fine, solid quarter, real well ... pants Sprint as it limps past, spilling $300m

US telco Sprint says it is bringing in new customers by the boatload, despite another quarter in which its losses reached well into nine figures. The fourth-largest carrier in the US logged a net loss of $302m as it continues a campaign to rebuild its business model. For the first quarter of Sprint's financial 2016, ended …
Shaun Nichols, 25 Jul 2016
Burning money, photo via Shutterstock

AT&T: Money? Oh, sure, no I'm fine – I'm doing great (if you ignore my phone business)

AT&T says wireless revenues are down in what was an otherwise solid quarter for the US telecom giant. Its second quarter of 2016 [PDF] period was, overall, a success thanks to solid returns from the newly-acquired DirecTV. They were, however, tempered by falling revenues in other areas. Quarterly revenues were $40.5bn, up 22 …
Shaun Nichols, 21 Jul 2016

Official: AMD now stands for Avoiding Miserable Death

AMD fans are over the moon today as their favorite processor designer has sold more chips than expected in the three months to June 25. The Sunnyvale, California, biz beat analysts' estimates on revenue and earnings per share in a billion-dollar quarter that ended in the black rather than the usual red: the Radeon maker banked …
Chris Williams, 21 Jul 2016

The cloud ain't making it rain for Intel right now: Tech giants pause server chip sales

Analysis Intel's stock price fell on Wednesday after it became clear the processor maker is not selling quite as many server processor chips as investors had hoped. The Silicon Valley giant reckons its CPU sales into data centers will hit double-digit growth by the end of the year. So far, with half the year gone, we're staring at mid- …
Chris Williams, 21 Jul 2016
Qualcomm Stadium in San Diego

What do you call a spreadsheet with decent numbers for a change? qualcomm_q3_2016.xlsx

Qualcomm is crediting strong sales in China and an infusion of back royalty payments for a better-than-expected quarterly return. The California-based mobile chip designer said that it was able to turn around a lacking performance last quarter thanks to improved licensing revenues from smartphone sales. Additionally, Qualcomm …
Shaun Nichols, 21 Jul 2016
Microsoft CEO Satya Nadella

Microsoft Azure doubles up to $800m a quarter – and is wiped out by dying phone sales

Analysis All eyes were on Microsoft's cloud business today as it published its fourth-quarter and full-year financial results. Amid the numbers, Redmond boasted that its Azure revenues from the quarter were up 102 per cent year-on-year – we estimate the cloud service's revenue to be about $800m in total for the period. Meanwhile, …
Iain Thomson, 20 Jul 2016
A burning dumpster

Dying! Yahoo! writes! off! half! of! the! $1bn! it! paid! for! Tumblr!

Yahoo! fell short of already-low expectations as the shriveling internet icon continues to limp towards its impending sale. CEO Marissa Mayer had no update on the Purple Palace's quest for a buyer, but said the company was still working on the sale of its core business. "In addition to our efforts to improve the operating …
Shaun Nichols, 19 Jul 2016
results

What's big, blue and red all over? IBM. Profit, z Systems down, cloud up

IBM today reported its second quarter financial results and the figures don't look good, with profits falling nearly 30 per cent. The venerable computing giant did perform slightly better than analysts expected, however GAAP revenues and profits are both down year-on-year. It's the 17th straight quarter of revenue declines for …
Iain Thomson, 18 Jul 2016

Former Lenovo boss directed to CEO chair in Avnet's exec lounge

Enterprise tech distie Avnet has ejected Rick Hamada from the CEO chair and his seat on the board amid a warning that sales and profits have not tracked to previous forecasts. Hamada’s successor? Bill Amelio, former top dog at Lenovo and one-time Asia Pacific president at Dell who has buckets of experience of running high …
Paul Kunert, 11 Jul 2016
Barracuda_cloud_sea

Barracuda picks teeth after chowing down on cloud market

Revenues grew 11 per cent year-over-year to $86.7m in Barracuda’s first fiscal 2017 quarter, confirming its return to growth. Net income was $2.8m. Recurring subscription revenue grew to $65.3m, up 20 per cent from $54.3m in the year-ago quarter and 75 per cent of total revenue. Appliance revenue though, was down, at $21.3m, …
Chris Mellor, 08 Jul 2016

From Watson Jr to Watson AI: IBM's changed, and Papa Watson wouldn't approve

Completed in 1983, IBM's prestigious South Bank office in London, on the banks of the River Thames, owes a lot to the Brutalist style of architecture, popular in the 1960s and 1970s. It makes heavy use of concrete: a solid building for a solid company. The IBM logo has been outside that building for more than 30 years, an …
Billy MacInnes, 23 Jun 2016
Pennies in a jar. Photo via Shutterstock

Stopped buying Oracle's kit? You've literally decimated its profit

Oracle is talking up soaring sales for its cloudy operations – while the IT giant's profit has taken a big hit over the past 12 months. "We dramatically overachieved again in the cloud," gushed co-CEO Safra Catz in a conference call with analysts, putting her bruised revenue and net income figures aside. "As the business grows …
Shaun Nichols, 17 Jun 2016
HP's Multi Jet Fusion 3D printer

HP Inc-eption: Our new 3D printers print themselves, says CEO

Just like Leonardo DiCaprio and his photogenic pals crafted dream worlds out of dream worlds in the hit flick Inception, we're told HP Ink prints its 3D printers using its 3D printers. Take one of HP Ink's new and expensive 3D printers, and you can print out half of the components needed to build another one, CEO Dion Weisler …
Chris Williams, 26 May 2016

When are flat revenues not so bad? When your name is Cisco

Cisco says that it is optimistic on its financial outlook despite a "challenging environment" that saw the networking giant's quarterly revenues drop slightly. "We delivered a strong Q3, executing well despite the challenging environment," said CEO Chuck Robbins. "I'm pleased with our performance today as well as the progress …
Shaun Nichols, 18 May 2016
Money falling, image via Shutterstock

Sage cheerfully pours £10m over Salesforce partner Fairsail

Payroll and accounting software firm Sage Software is taking a stake in Salesforce-HR platform partner Fairsail. Star-struck Sage, which has also announced interim financial results with growth in its own cloud service, will take a £10m minority stake in Fairsail and a board seat. Sage is leading the funding round. Fairsail …
Gavin Clarke, 05 May 2016
Amazon CEO Jeff Bezos

Amazon's AWS cash machine embiggens, breezes past $2bn-a-quarter mark

Amazon has reported bumper first quarter results, with profits of $513m and sales increasing 28 per cent. In its previous quarterly results Amazon's stock took a beating after the company reported a lower than expected sales. After Thursday's results, the company was back in favor and saw its stock price rise over 10 per cent …
Iain Thomson, 28 Apr 2016
Zuckerberg

Back up the trucks for Zuck's bucks: Facebook revenues up 52 per cent

Facebook says skyrocketing advertising bucks are behind a huge jump in revenues and income this year. For the first quarter of its fiscal 2016 year, the House of Zuck reported: Revenues of $5.4bn were up 52 per cent from last year's $3.5bn. Net income of $1.5bn was a 195 per cent increase from a reported $512m in last year' …
Shaun Nichols, 27 Apr 2016
Large leaver switch on a board of push button switches

Comcast trousers $4bn

Comcast has announced a $4bn profit for the first quarter of 2016, up 5.1 per cent on this time last year. The company announced revenues of $18.8bn for the quarter, up 5.3 per cent, and earnings per share of 87 cents. The company paid a dividend of $611m and repurchased 22 million of its common shares for $1.2bn to prop up …
Iain Thomson, 27 Apr 2016
DirecTV

AT&T credits DirecTV gobble for $41bn quarter

AT&T says its recent purchase of satellite provider DirecTV helped drive a 24 per cent jump in revenues. The US telco giant said that the $49bn merger was already beginning to pay dividends with its 2016 Q1 [PDF] period. "We're seeing good momentum with our initial integrated wireless, video and broadband offers," said AT&T …
Shaun Nichols, 27 Apr 2016
Tim Cook

Shares down?! But, but, but ... Apple just made $50bn – that's the way the Cookie grumbles

Apple has confirmed analysts' fears of a drab quarter, reporting its first year-over-year sales decline in more than a decade. Its share price is down 8.2 per cent to $95.76 in after-hours trading – dipping below the magic hundred-buck mark. The Mac maker said that in the three months to March 31 – the second quarter of its …
Shaun Nichols, 26 Apr 2016

T-Mobile US gobbles up another 2.2m customers

For yet another quarter, "uncarrier" T‑Mobile US has shown that there is money to be made in giving customers what they want. Its revenue for Q1 2016 was up on the year-ago period to $8.6bn, beating analysts' expectations: Revenues: Up 10.6 per cent year-on-year to $8.6bn. Service revenues up 13 per cent year-on-year to $6. …
Kieren McCarthy, 26 Apr 2016
dollar_graph_648

Flat sales, falling earnings? That will be FY'16 for Datatec

The parent of integrator Logicalis and distie Westcon is to report a double digit drop in earnings and flat sales for the fiscal ’16 ended February, it warned today. Progress on both fronts was downed by the “significant strengthening of the US dollar and mixed global economic conditions”, South African stock exchange-listed …
Paul Kunert, 26 Apr 2016
AMD CEO Lisa Su speaking at the firm's 2015 financial analyst day

Hands up, who prayed for AMD? Well, it worked

About a year ago, we asked you to pray for AMD. It's working. AMD has announced a joint venture with a Chinese manufacturer that will churn out server processors using mini-Chipzilla's technologies in the Middle Kingdom. It also said it will bank about $1.5bn from three new games console chips over the next three or four years …
Chris Williams, 22 Apr 2016
A broken cable box

Verizon is big on IoT 'cos its wireline biz is dying on the vine

Verizon says that it will focus on "developing new markets," as the telco giant was just able to keep revenues on the uptick. The US carrier said that it would be shifting a focus over towards the internet of things (IoT) and its content market in the coming months, as it looks to bolster sagging revenues in other parts of its …
Shaun Nichols, 22 Apr 2016
Strom Clouds

Stalled cloud growth, software flatlining, hated Lumias unsold... It's all fine, says Microsoft CEO

Microsoft is putting a brave face on disappointing third-quarter earnings that saw profits fall 25 per cent year-on-year and cloud revenues failing to rise fast enough to offset losses in other areas. Earnings per share were $0.62 non-GAAP, down 23 per cent from 2015, compared to analysts' estimates of $0.64. "We had a solid …
Iain Thomson, 21 Apr 2016
Scotty in the original Star Trek

Qualcomm channels Star Trek's Scotty as it faces a mobe chip wreck

Analysis Mobile chip designer Qualcomm typically channels Star Trek's Montgomery Scott, the chief engineer who under-promises to appear a miracle worker when he eventually delivers. The California-based biz follows the Scotty playbook by the letter. Just like the Enterprise's engineering guru would suck his teeth, cock his head, say it …
Chris Williams, 21 Apr 2016
Yawning Cat by Johnc24 at Flickr, CC-20 License at https://creativecommons.org/licenses/by/2.0/

SAP's results are a right Waldorf salad: Core sales dip, yet support biz is stable

SAP has confirmed a sudden and sharp drop in sales of its software with continued, escalating sales of cloud. Sales of new licences for its core, on-premises software fell 13 per cent in the first three months of 2016 to €609m, compared to the first quarter of 2015. It was a sharp about-turn given SAP closed the last three …
Gavin Clarke, 20 Apr 2016
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Intel literally decimates workforce: 12,000 will be axed, CFO shifts to sales

Intel will axe 12,000 employees globally – more than one in ten of its workforce – as it moves further away from being a PC chip company. The layoffs are among the biggest into the company's history, and come as PC industry continues to tank harder than Intel expected. The Santa Clara-based biz sees a lot of growth in the …
Chris Williams, 19 Apr 2016
Train wreck

IBM shuffles units, axes staff, sees profit shrink

IBM's attempts to re-organize its businesses and focus on its Watson cloud-AI-offering-thing did not prevent Big Blue from tumbling to its sixteenth consecutive quarter of falling revenue. The enterprise giant said on Monday that its new "reporting structures" will show how it is focusing on growth markets like cloud services …
Shaun Nichols, 19 Apr 2016

SAP warns: Americas slowed our 2016 start

Europe’s largest software company has warned its first-quarter results could be weaker than expected, thanks to a slow start in the Americas. SAP announced preliminary first-quarter revenue results on Friday showing continued growth in cloud but a drop in new licences for on-premises software. New software licences for its …
Gavin Clarke, 11 Apr 2016
Railway line split. Pic: Ian Sane

Wobbly Acer goes two-legged to steady itself

Acer is to split into two in an effort to stabilize an uncertain recovery. The company will move its "core business" of PCs, servers, tablets and monitors under one umbrella and its "new business" of cloud services, smartphones and wearable devices under another. The restructuring is the same as we outlined earlier this week …
Kieren McCarthy, 24 Mar 2016

Your 30 second guide to the past three months on Planet Adobe: Talk about sitting on cloud 9

Adobe is crediting a surge in cloud services with helping to drive its best financial Q1 take ever. The Silicon Valley software giant said that its Creative Cloud and Marketing Cloud services recorded strong growth on the quarter and spurred the company to increase its revenue target for the year. For the three months [PDF] …
Shaun Nichols, 17 Mar 2016

Oracle made slightly less money last quarter, and America is to blame

Oracle is blaming a strong dollar in cutting into its Q3 fiscal 2016 numbers. The enterprise giant reported [PDF] a three per cent decline in revenues and a 14 per cent drop in net income on the year-ago quarter, but said that when adjusted for constant currency, revenues would have been up one per cent and income down just …
Shaun Nichols, 15 Mar 2016
An eraser

IBM to erase 14,000 people from the payroll – Wall St analyst

Up to 14,000 IBMers worldwide could leave under the latest redundancy programme, according to Wall Street moneymen. In a research note from Bernstein that was sent to customers and us, senior research analyst Tony Sacconaghi, said it appears IBM is taking “meaningful workforce rebalancing actions”. He highlighted a $1bn …
Paul Kunert, 10 Mar 2016
HP ZBook 17 mobile workstation

Who hit you, HP Inc? 'Windows 10! It's all Windows 10's fault'

HP Ink – the PC and printers half of the Hewlett-Packard split – has blamed Windows 10 for a ho-hum quarter of declining sales. "Windows 10 is a tremendous operating system platform," HP Ink CEO Dion Weisler told analysts and investors on a conference call on Wednesday afternoon. "But we have not yet seen the anticipated Win10 …
Chris Williams, 25 Feb 2016

Arista cats hiss at Cisco, crack open the cream after bumper sales

Arista Networks has topped analyst expectations by posting a 40 per cent revenue jump in its latest quarterly returns. The networking company said the fourth quarter results put the cap on a "spectacular" 2015 that saw revenues spike even in the midst of an ongoing legal struggle against Cisco. "I have been pleased with the …
Shaun Nichols, 19 Feb 2016
NVidia aims to gives games power to handhelds

PC sales aren't doing so great – but good God, you're buying mountains of Nvidia graphics cards

If you thought the slump in PC sales was going to hit Nvidia like it whacked Intel and AMD, then, well, you were wrong. Nv just reported a record quarter to round off a record year in terms of sales. In the three months to January 31, revenues from the graphics chip giant's PC cards rose 25.4 per cent on the year-ago period to …
Chris Williams, 18 Feb 2016
Roof of Crawley datacenter

Growth comes with costs for cloud-support flinger Rackspace

Rackspace saw growth across most lines during its fourth quarter and year – alas, that also included costs, it has said. Management also warned Rackspace watchers over an impending re-organisation in sales that would allow disrupt its current, first-quarter sales. Worrying, too, is a slow-down in Rackspace’s native OpenStack …
Gavin Clarke, 17 Feb 2016

LinkedIn sinkin': $10bn gone in one day as shares plummet 40%

A rough start of the year for tech stocks was amplified Friday when job-based social media company LinkedIn saw its shares plummet over 40 per cent, wiping $10bn off its value thanks to weak earnings. The company announced that sales for the current quarter would be six per cent lower than expected ($820m on expectations of $ …
Kieren McCarthy, 05 Feb 2016
decline

Symantec's definition of transformation: Take the profit made a year ago and burn a quarter of it

Symantec has announced its results for the third quarter of fiscal 2016 and they aren't looking pretty. Revenues are down 6 per cent and profits plummeted by 23 per cent. In a conference call following the earnings announcement, CEO Michael Brown said the Silicon Valley firm was well on its way with a three-year restructuring …
Iain Thomson, 05 Feb 2016

Alphabet, cough, Google most valuable biz on Earth as it pours billions into 'other bets'

Alphabet, Google's new parent-holding-company-thing, has reported stellar end-of-year results: revenues in the final quarter of 2015 hit $21.3bn, and profit reached $4.9bn. The figures pushed Alphabet's stock price up eight per cent in after-hours trading, making it, for the moment, the most valuable company on the planet by …
Iain Thomson, 01 Feb 2016
Amazon CEO Jeff Bezos

Investors furious that Amazon only made $482m last quarter

Amazon is taking a beating on Wall Street as the retail and cloud giant posted numbers that, although strong, were short of analyst expectations. The house of Bezos saw its stock price fall 13 per cent after the release of its quarterly and full-year financials. However, Amazon noted large gains in key areas, including the AWS …
Shaun Nichols, 28 Jan 2016