Articles about Revenues

Hitachi Ultrastar A7K2000

Hitachi's storage revenues: Not brilliant, but high-end gear helped – analyst

Analysis Hitachi pulled in more storage revenues in the last 2014 quarter than in its previous and year ago quarters, at least in local currency, but its mid-range was weak – implying its high-end Virtual Storage Platform (VSP) arrays did the business, says an analyst. Hitachi owns HDS, which sells Hitachi storage in every territory …
Chris Mellor, 09 Feb 2015

Whose GPUs let it cruise to record revenues? Nvidia, that's who!

Nvidia performed better than expected for the fourth quarter of its fiscal 2015 and for the year, with strong graphics processor sales buoyed by its swiftly growing application processor business. The chipmaker reported fourth quarter earnings of $0.43 per diluted share on record revenues of $1.25bn, both of which beat Wall …
Neil McAllister, 12 Feb 2015
Photo of a stack of $100 bills

IBM storage revenues sink: 'We are disappointed,' says CEO

IBM's storage revenues are continuing to slump, with the latest overall IBM results causing the abandonment of a long-term earnings/share goal. IBM's overall revenues for its third 2014 quarter were $22.4bn, down six per cent year-on-year and down 8.2 per cent sequentially. Net income was $3.5bn; it was $4.1bn in the previous …
Chris Mellor, 20 Oct 2014

4G Mobile data suck stiffens Vodafone revenues

Vodafone has seen an increase in its UK revenues of almost one per cent during the fourth quarter of 2014, prompted by users gradually moving to 4G and spending more on data. Revenue in the fourth quarter of 2013 was £1,518m, rising to the princely sum of £1,532m for the end of 2014, the mobile giant's first UK revenue rise for …
Simon Rockman, 05 Feb 2015
seagate 1in 12gb hdd

Disk drive BIGNESS is back: Seagate revenues and shipments surge

Growth has returned to the disk drive business if Seagate's latest quarterly results are anything to go by. The raw numbers paint the picture perfectly. First quarter fiscal 2015 revenues were $3.8bn, nine per cent up on an annual compare and 15 per cent higher than the previous quarter. Seagate shipped 59.5 million drives, up …
Chris Mellor, 27 Oct 2014

C'mon, Brocade: QLogic's left the Fibre Channel game. Flat revenues again?

Analysis Brocade is a member of the flat revenue Earth society, with its mix of annual and quarterly Fibre Channel and Ethernet revenues hardly changing between last year and this year. Brocade’s fourth fiscal 2014 quarter revenues of $564m were up by one per cent year-on-year, up from $559m a year ago, and also up three per cent …
Chris Mellor, 25 Nov 2014
Dot Hill Assured_SAN_Ultra48

Storage array supplier Dot Hill: Revenues are down, but so are losses

Storage array supplier to OEMs has less to be dismal about with declining revenues but much less of a loss in its second quarter. The business isn't growing, but at least it is not shrinking. Revenues for the second calendar 2014 quarter were $48.2m, the same as the previous quarter but 8.4 per cent down on the year-ago quarter …
Chris Mellor, 12 Aug 2014
No Sale

NetApp: Revenues are down – but own brand kit wasn't to blame

Revenues down, profits up and no growth for three years: that's the picture from NetApp's first fiscal 2015 quarter results. The quarter finished on 25 July, and revenues were $1.49bn. They were $1.52bn a year ago, a 2 per cent fall, and $1.65bn in the previous quarter, 10 per cent less and a seasonal pattern. Net income for …
Chris Mellor, 14 Aug 2014

Flash daddy SanDisk: Revenues up, but Wall St unimpressed

SanDisk's third 2013 quarter showed a healthy annual and quarterly increase but subdued profits, while Fusion-io integration costs and mis-met Wall Street expectations sent the shares down a tad. Revenues were $1.75bn – a record. They were $1.63bn a year ago, meaning a seven per cent increase, and the same in the second 2014 …
Chris Mellor, 17 Oct 2014

Google's revenues swell yet again, yet big earnings elude it

Google continued to mint money in the second quarter of its fiscal 2014, with revenues booming compared to the year-ago period, yet its earnings still managed to disappoint eager Wall Street analysts who were expecting even greater returns. This quarter, the online ad-slinger posted revenues of $16.0bn, which soundly beat the …
Neil McAllister, 18 Jul 2014

ARM brushes off dip in mobile revenues with sunny forecast for coming year

Chip design firm ARM has seen a dip in mobile sales that led to falling financial returns in the last financial quarter, a shift the company hopes will be temporary. The British-based company on Wednesday reported first-quarter results which saw revenues up by 16 per cent in dollar terms (10 per cent in UK pounds after adjusting …
Shaun Nichols, 23 Apr 2014

EMC revenues are up. But, hey Joe, I heard you shot your profits down...

EMC sold a record $5.9bn of products and services in its second 2014 quarter, representing a stately five per cent year-on-year increase in sales - and a $400m boost over the first quarter of this year. EMC’s second quarter revenues are generally higher than its first quarter. Net income was $589m, 16 per cent down on profits a …
Chris Mellor, 23 Jul 2014
Barack Obama in the Oval Office

Revenues dip at CGI Group: It was Obamacare that did it

Revenue at Canadian outsourcer CGI Group dipped by four per cent in the first quarter of 2015 to $2.5bn (£1.7bn), compared with the same period in 2014. Meanwhile earnings rose by 24 per cent to $236m (£156m). CGI attributed its first-quarter revenue drop to a one-off spike from its Obamacare IT contract last year. The contract …
Kat Hall, 29 Jan 2015
Somali pirates storm the box

BitTorrent not to blame for movie revenues, says economist

An economist known for sticking pins in big content's dire warnings about file sharing has produced a new study suggesting that BitTorrent's impact on movie revenues is small and sometimes even positive. Koleman Strumpf, who has taken the adding machine to RIAA and MPAA claims of monetary loss since the heyday of Kazaa, has …

Dell spits up storage revenues after gobbling promising upstarts

Dell's storage revenues are continuing to decline as the company fails to reap the benefits of its acquisitions. EqualLogic and Compellent were great startups but the stellar growth of those two units has not translated into stellar growth for Dell's storage revenues. In its latest quarter, which finished at the end of June, the …
Chris Mellor, 21 Aug 2013

Fat upstart Nimble embiggens revenues by 77% in ONE quarter

Nimble Storage is providing an object lesson in how to grow a startup after IPO, posting a 77 per cent jump in quarterly revenues – with revenue growth outstripping the loss increase rate. The firm saw revenues of $59.1m in its third fiscal 2015 quarter, compared to $33.4m a year ago and $53.8m three months ago. The net loss was …
Chris Mellor, 26 Nov 2014

Out of Luczo, Seagate? Revenues and profits are shrinking again

Seagate chairman and CEO Steve Luczo is watching his company's revenues and profits shrink for the second year in a row – Seagate’s immense disk business business is spinning more slowly these days. For its fourth fiscal quarter, ended 27 June, revenues were $3.3bn, 3.7 per cent down on last year’s Q4 and 3 per cent down on the …
Chris Mellor, 18 Jul 2014
Microsoft campus

Microsoft beats cloud drum as revenues remain solid but flat

Microsoft reported flat revenues and shrinking profits for the third quarter of its fiscal 2014, but that was still better news than the analysts were expecting to hear. On average, the Wall Street wizards polled by Yahoo! Finance were betting Redmond would take in revenues of $20.39bn for the three months ending March 31, with …
Neil McAllister, 24 Apr 2014
Isilon 3-node S200

Federal squeeze hits EMC as revenues and profits nose downwards

The US federal spending shutdown has hit EMC's results, causing declines in both revenues and profits compared to the previous quarter. In comparison, rivals VMware saw accelerated double-digit year-over-year revenue growth; no federal shutdown effect visible there. Third quarter revenues of $5.5bn were $100m less than the …
Chris Mellor, 22 Oct 2013
HTC

HTC looks to cheaper phones as revenues wane

HTC said that it will pull away from the premium smartphone market and focus its efforts on lower-cost handsets. The company said in its latest quarterly report, published on Monday, that the move would help the company improve its margins as HTC struggles to cope with plummeting revenues. The firm reported 42.9bn NT$ (New …
Shaun Nichols, 10 Feb 2014
Vodafone on Piccadilly

Vodafone's Euro revenues slump by nearly TEN PER CENT

Vodafone's latest results make grim reading for the company's investors, with revenues in established markets falling and subscribers drifting away despite the firm's 4G investments. The British mobe operator's service revenues fell in Europe by 9.6 per cent and was only partially offset by gains in India and Turkey. The group …
Andrew Orlowski, 06 Feb 2014
CommVault profits

CommVault: Data-sifting cloudy archive shifter ... and now revenues lifter

CommVault's revenues are growing nicely, and so are its profits, but the rate of growth has slowed somewhat. The company supplies the popular Simpana backup, archive and data management software product. For its third quarter, which finished on 31 December, revenues amounted to $153.3m, a rise of 23 per cent from a year ago and …
Chris Mellor, 07 Feb 2014
WD Caviar Green 2TB

Growing revenues, profits on the up: WD sails on serenely

WD’s latest quarter shows untroubled growth as the disk drive business sails serenely on, untroubled by any flash storm. For its second fiscal 2014 quarter, ended Dec 27, 2013, revenues were a clean $4bn, nicely up from the first quarter’s $3.8bn and the year-ago quarter’s $3.8bn. Net income was $430m, lower than the previous …
Chris Mellor, 23 Jan 2014
Beached whale

Beached whale Symantec watches revenues recede 7%

Symantec’s latest results show that you can wring more profit out of declining revenues by slashing costs but its not enough to bring you back to growth. Revenues in its fourth fiscal quarter of 2014 ended 28 March were $1.63bn, seven per cent down year-on-year, but net profit jumped 14 per cent to $217m. The full year numbers …
Chris Mellor, 09 May 2014
Vendor storage rev percentages by Q

Grim outlook for Big Storage as revenues dip across board

Mainstream storage vendors seem to be in trouble as Dell, HP and IBM's storage revenues have tanked over the past two years. Stifel Nicolaus analyst Aaron Rakers created a spreadsheet comparing his records of how these vendors' storage revenues changed quarter by quarter. El Reg's storage desk charted the numbers: Vendor …
Chris Mellor, 24 May 2013
IBM Quarterly Storage HW Revenues

Reg man crunches IBM's storage hardware revenues

Analysis IBM's under-performing storage hardware business can be understood better if we look at the quarterly revenue numbers. For that to be made possible someone has to dive into IBM's results over the past few quarters and work out the storage hardware revenue numbers, seeing as IBM doesn't present them on a plate. That's what El Reg …
Chris Mellor, 24 Apr 2013

Slow'n'steady: NetApp's revenues flatline while profits increase

Coping crisply with slowing growth, NetApp's latest quarterly revenues declined year-on-year but its profits rose as a slowing storage market left it living in interesting times. It recorded revenues of $1.61bn in the quarter, compared to $1.63bn a year ago, a 1 per cent drop. Back in 2013 profits were $158m; for the quarter …
Chris Mellor, 13 Feb 2014
Oracle Termites

Oracle revenues miss expectations – AGAIN

Oracle posted lower than expected revenue for the first quarter of its 2014 financial year, making it the third consecutive quarter that the database giant has missed analyst expectations. Oracle announced revenues of $8.38bn and earnings per share of 59 cents on Wednesday, compared to the $8.48bn and EPS of 56 cents that the …
Jack Clark, 18 Sep 2013

MYRA HINDLEY found working in Capita's benefits & revenues unit

An eerie silence engulfed Capita this month when top brass informed the workforce that Myra Hindley was among them. No, the child murderer has not risen from the grave. Actress Hazel Mrozek, a part-time staffer at Capita's revenues and benefits business, has taken on a role playing Hindley in an upcoming TV programme. In a note …
Paul Kunert, 26 Jul 2013
WD WD TV Live

Growth, what's that? Storage firms tighten belts as revenues flatline

It’s results round-up day at the Register, with LSI, Mellanox, QLogic, Symantec and WD all filing their quarterly results. Here we go on a numbers blitz: Western Digital reported first fiscal 2014 quarterly revenues of $3.8bn and profits (net income) of $495m from making 62.6 million disk drives with an average selling price of …
Chris Mellor, 28 Oct 2013

EMC announces record revenues: But hey, Joe, where're the profits?

Hardware, virtualisation and services giant EMC has announced its first-quarter results for 2013 and while its finances are broadly positive, the devil's in the detail. EMC's revenues for the first quarter of 2013 were a record $5.39 billion - lower than Wall Street's estimates - and its profits were down by a smidge. The mid- …
Chris Mellor, 24 Apr 2013
wall_street

Red Hat revenues rise but not enough for Wall Street

Red Hat is growing like a weed, and thinks that in a few years open source cloud computing could be worth more to it than the entire Linux market. The open source firm reported revenues of $348m on Wednesday for its fiscal Q4 2013, up 17 per cent year over year. Though the earnings saw big increases year-over-year, they were …
Jack Clark, 27 Mar 2013

Xyratex CEO: Don't judge us by our droopy revenues

Xyratex's second quarter revenues were a third less than a year ago, as were its first quarter revenues. With sales to NetApp continuing to decline and income from the new ClusterStor array still not covering its costs, Xyratex is set to shrink further this year. Revenues for the second calendar quarter were $216.2m, compared to …
Chris Mellor, 03 Jul 2013

More brutal PC numbers from Dell as revenues stay flat, profits sink

Dell announced its second-quarter earnings for fiscal 2014 on Thursday – five days early – and delivered a report that met analysts' expectations but once again showed a company struggling to remain profitable in the face of woeful trends in the PC industry. This was the second quarter in a row that Dell announced its results …
Neil McAllister, 15 Aug 2013

Amazon's cloud revenues rocket up as company posts loss

Amazon's cloud division has contributed to over $1.6 billion in revenue in the e-retailer's nebulous "Other" category this year, as Bezos & Co.'s cloud continues its vertiginous rise. The "Other" category added $892m to Amazon's revenues in the second quarter of 2013, according to figures from the company's Q2 2013 earnings, …
Jack Clark, 25 Jul 2013

HP's plunging storage revenues could yet be saved

The good ship HP is being held back by many things and storage ain't helping, yet. The one brightspot there - 3PAR - can't overcome plunging revenues elsewhere. The company reported its second quarter of its financial 2013 revenues yesterday. Within the overall Enterprise Group, the storage segment declined 13 per cent year-on- …
Chris Mellor, 28 May 2013
sea_hp_sink

Sales of HP notebooks and servers are UP! And that's all the good news

HP kicked off its fiscal 2015 with a disappointing first quarter, reporting revenue and earnings both down for the three months ending on January 31, as compared to the year-ago period. Total revenues for the quarter were $26.84bn, a 4.7 per cent year-on-year decline that underperformed analysts' estimates. The firm's net …
Neil McAllister, 24 Feb 2015

Brocade's IP strategy stutters in flat first quarter

A recovery in storage area networking product revenues has offset sliding IP networking sales to give Brocade a first quarter 2015 revenue result of US$576m, up two per cent quarter-on-quarter and the same amount year-on-year. Although flat year-on-year at at US$353m, the SAN segment swelled nine per cent in Q1 2015, reversing a …
The Register breaking news

Google Play revenues leap 311% in 2012

Revenue from apps sold in the Google Play store have exploded this year, but they still have quite a way to go before catching up with the cash cow that is the iOS App Store. According to a new report by the app sales and download analysts at App Annie, Google Play sales revenue grew a hefty 311 per cent from January through …
Rik Myslewski, 30 Nov 2012
Emulex_results_Q2fy156

What's that, Emulex? A profit? Just over the horizon?

Emulex CEO Jeff Benck unveiled a ray of sunshine with surprisingly good preliminary revenues for its latest quarter. The company ships Fibre Channel HBAs and Ethernet connectivity products and is locked in combat with QLogic in the HBA and converged network adapter markets. Emulex is expecting $110m to $111m in revenues for its …
Chris Mellor, 20 Jan 2015

IDC Storage Tracker in Hitachi Data Systems number-fumble

IDC's latest Storage Tracker used the wrong HDS numbers and mis-represented the company's progress. We at the great El Reg wrote about the third-quarter tracker here and reported that Hitachi external storage revenues fell 9.4 per cent in the quarter, compared with a year ago. However, we now learn from HDS that: In the IDC …
Chris Mellor, 11 Dec 2014
Scary Skeleton Samba

Pull on your dancing shoes, the server market's ALLLLIVE

It looks like execs behind the biggest server-makers can dust off those dancing boots and get jiggy with it again – the market is expanding in both box shipments and the value of them. The second half of last year proved to be a turning point for what had become a shrinking sector, with Gartner reporting prelim numbers showing …
Paul Kunert, 03 Mar 2015
The Register breaking news

Xyratex shrinks ClusterStor to prop up sinking revenues

Xyratex has downsized its ClusterStor high-performance computing storage array with the scale-out storage 1500, hoping to add much-needed revenue growth by flogging departmental HPC storage. Like the existing 6000 and 3000 models it is a Lustre system with scale-out capability through modular building blocks. Xyratex's idea is …
Chris Mellor, 13 May 2013
Broken CD with wrench

Dell quarterly revenues down 8% on poor desktop performance

Wall Street analysts were expecting a drop off in Dell's business and they won’t be disappointed, with the company reporting revenues down 8 per cent for the second quarter of the year. Dell blamed the drop on poor performance in its PC and mobile divisions, saying that its consumer PC lines were down 22 per cent on the year and …
Iain Thomson, 21 Aug 2012

Seagate belches, chomps down another greenback burger

Seagate’s second quarter revenues for 2015 rose 4.8 per cent over the year to $3.7bn while profits more than doubled to $933m, up from $428m a year ago. Last quarter’s revenues were higher, at $3.8bn, yet profits were $381m. This meant they made up just 10.1 per cent of its revenues compared to 25.2 per cent profit in the latest …
Chris Mellor, 26 Jan 2015
The Register breaking news

Facebook reports revenues up 40% but Wall Street says 'meh'

Mark Zuckerberg must be tearing at his hoodie after Facebook's shares dipped following the release of what are, on the face of it, very respectable quarterly results for his company. Revenues for Facebook's fourth quarter of fiscal 2012 stand at $1.585bn, up 40 per cent on this time last year, with advertising up 41 per cent and …
Iain Thomson, 31 Jan 2013

What exchange rate blues? Our storage revs have grown – HP

Comment Despite lousy dollar exchange rates, HP storage revenues are climbing – unlike those of NetApp, which fingered those same exchange rates as the cause of its woes. In its first fiscal 2015 quarter HP’s revenue was $26.84bn, down 5 per cent on an annual compare, with net income of $1.37bn, down 4 per cent from a year ago. So far, …
Chris Mellor, 25 Feb 2015
IBM Headquarters, Armonk, NY

If in doubt, blow $4bn: IBM says it will fatten up on cloud, mobile, Big Data cake by 2018

IBM is betting billions that it can claw its way back to growth by focusing on what it calls its "strategic imperatives," including cloud, data analytics, mobility, social networking, and security. During Big Blue's annual meeting with financial analysts on Thursday, CFO Martin Schroeter said IBM plans to shift $4bn of spending …
Neil McAllister, 26 Feb 2015
CPUs in a FatTwin

Official: Whiteboxer Super Micro is a $2bn server company

+Comment Commodity server vendor Super Micro has reached a $2bn run rate with its latest quarter's results. In Q2 fiscal 2015, the three months that ended 31 Decemer 2014, revenues jumped 41 per cent year-on-year to $503m, as profits grew to $31.24m, 134 per cent up the same period in fiscal '13. Super_Micro_Quarterly_Revs_to_Q2_fy2015 …
Chris Mellor, 26 Jan 2015

Not just Imation's imagination: That sinking feeling is real

+Comment Imation has turned in another quarter of revenue decline and losses and a full year of shrinking revenues. Its management is talking about strategic options and unlocking value with a financial advisor – which sometimes means selling off non-performing assets, though we couldn't say it does in this case. Let's get the numbers …
Chris Mellor, 10 Feb 2015