Articles about net income

The Register breaking news

SAP profits fall, abandons full year forecast

SAP managed to increase revenues in the third quarter but saw net income fall five per cent. Software and software-related revenue was up 15 per cent to €1.99bn but net income was €388m, compared to €408m for the third quarter of 2007. This just tops the company's reduced earnings call it put out in early October. Basic …
John Oates, 28 Oct 2008
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Big Blue bucks the downturn

IBM gave investors something to cheer about today - Big Blue will not be nationalised any time soon. The company pre-announced a summary of its third quarter results, which show it has hit targets for the period, and fully expects to continue to do so. Earnings per share were $2.08 compared to $1.68 for the third quarter of …
John Oates, 9 Oct 2008
channel

Ingram slashes profit outlook on soft market

Ingram Micro cast its own little shadow of financial doom today when it slashed its profit forecast after the market softness it had seen in July and August had persisted into September. The IT distributor had said back in July that it hoped to make sales of between $8.5bn and $8.8bn and net income of $52m to $61m in the third …
Joe Fay, 16 Sep 2008
EDS

EDS delivers final final numbers

EDS missed Wall St revenue estimates but trumped earnings forecasts when it turned in its swansong Q2 results yesterday. The services company, which is due to be swallowed by HP in the next few months, turned in revenues of £5.6bn for the quarter ending June 30, up three per cent on the year. Wall Street analysts had been …
Joe Fay, 29 Jul 2008
IBM

IBM throws arms around ILOG

IBM is buying French software maker ILOG for €215m ($340m). The tech giant said today the deal is part of IBM’s strategy to beef up business process management and service-oriented architecture technologies. The offer price represents a premium of about 56 per cent compared with ILOG’s one month average closing share price …
Kelly Fiveash, 28 Jul 2008
Happy

Ingram's second quarter cheers

Super distie Ingram Micro increased sales to $8.82bn for the quarter ended 28 June 2008 compared to $8.19bn for the same period last year. Sales were helped by a six per cent improvement in currency exchange rates. Net income in the second quarter was $58.9m, compared to $52.4m last year. Ingram spend $5.5m on reducing costs …
John Oates, 25 Jul 2008
SAP

SAP reports profits drop, delays ByDesign rollout

SAP has increased revenues for the first quarter of this year, but net income has fallen and it is delaying the rollout of its webhosted business management product. Results for the first quarter ended 31 March 2008 show revenues up 14 per cent to €2.46bn, but net income is down 22 per cent to €242m, compared to €310m for the …
John Oates, 30 Apr 2008
Seagate logo

Seagate says storage demand better than expected

Seagate surprised itself in the last quarter by shipping 47 million disk drives, more than it had actually planned for. The storage vendor's results for the first quarter ending 28 September showed revenues up 17.6 per cent to $3.3bn, with net income leaping from $19m last year to $355m. This turned in earnings per share of $ …
Joe Fay, 17 Oct 2007

Oracle beats up on BEA

Larry Ellison cited middleware rival BEA Systems to Wall Street as proof that Oracle can and will prevail over SAP in business applications and oRed Hat in Linux. Claiming 82 per cent middleware licensing growth during his company's recent third quarter, the Oracle CEO claimed his compay grew up to 10 times faster than BEA …
Gavin Clarke, 21 Mar 2007

Fickle AMD rocked as channel gets revenge

AMD's obsession with top server and PC makers has proved costly. The chip maker claims to have focused on so-called Tier 1 OEMs at the expense of its longtime channel partners and now blames declining channel sales for its expected first quarter revenue miss. Earlier today, AMD warned that Q1 revenue will likely come in well …
Ashlee Vance, 5 Mar 2007

AMD to miss Q1 sales target

AMD today smacked investors with a sales warning. The chip maker no longer expects to hit a first quarter revenue target between $1.6bn and $1.7bn. CEO Hector Ruiz will explain AMD's revenue miss at a financial analyst conference later today. Hopefully, he has already found a pound of flesh that can be spared. AMD announced …
Ashlee Vance, 5 Mar 2007
The Register breaking news

Veritas man jumps Symantec ship

Symantec's president of its key security and data management business Jeremy Burton has quit the firm to become CEO of business process software firm Serena Software. Burton, a marketing specialist, joined Symantec as part of the senior management group assimilated in the Veritas acquisition. To many, the rationale behind that …
Ingram Micro

Ingram signs Uniwide

Distie Ingram Micro will now distribute Uniwide UniServer server and workstation products across Europe. Uniwide said it chose Ingram for its 90,000 resellers across all customer segments and its good logistics network. Ingram said it welcomed working with one of only four worldwide AMD Validated Server Program partners …
John Oates, 24 Jan 2007

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