Articles about q2

Cray Research Cray 2

Q2 wins drag Cray back into profit territory

Cray Computer's commanding footprint in the high-performance computing (HPC) market has pitched the venerable vendor back into profitability. In its Q2 2015 results announced Thursday, the company reported US$186.2 million in revenue and $5.8 million in profit, both well above what was reported for the same period in 2014, …
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Acer: We ARE profitable – oh yes, we made £40k big ones in Q2

For the second quarter in a row, Acer's P&L accounts have remained in the black, though its operating margins must be a cause for concern – just 1.48 per cent, at the last count. And part of the reason for the slim pickings is partly the fault of those pesky chaps at Microsoft, the company reckons. The firm released turnover …
Paul Kunert, 07 Aug 2015

Arista bullish for full year results after 47 per cent YoY growth in Q2

High-performance data centre switching upstart (and Cisco litigation target) Arista Networks has reported 47 per cent revenue growth year-on-year for the quarter ended June 30. The company's financial release says it recorded US$195.6 of revenue, and a GAAP net income of $24 million (up from $21.6 million for the corresponding …
Godzilla vs Kitten by https://www.flickr.com/photos/fun9us/

VMware sprawls across the data centre to post 'solid' Q2 results

VMware has posted what CEO Pat Gelsinger described as “solid” second quarter results that exceeded analysts expectations on earnings-per-share and fell over the line on the revenue growth front. The former metric was 93 cents a share, two cents higher than expected. The latter was $1.6bn, a four per cent improvement that …
Simon Sharwood, 22 Jul 2015
HP Logo splitting in two

HP beats the street on earnings, misses on revenue in Q2

HP has announced its results for its second fiscal quarter, and the news is mixed. The market expected the company to post earnings of 85 cents on US$25.64 billion in revenue. The company trumped the earnings figure by announcing it delivered 87 cents per share, but missed on revenue with a figure of $25.45bn. That's down seven …
Simon Sharwood, 22 May 2015

PRE-SPLINTERED Symantec's Q2 revenue slips, net profit rises

Symantec has reported mixed second quarter results, with revenue down one per cent on the year, but net profit rising by the same amount. The company saw revenue of $1.62bn for its second fiscal 2015 quarter, compared with revenue of $1.64bn a year ago (a fall of one per cent), and $1.74bn in the previous quarter. Net profit of …
Chris Mellor, 06 Nov 2014
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India, Myanmar lead the way as mobile bandwidth consumption mushrooms

Mobile data usage is exploding. In an update to its Mobility Report, Ericsson said mobile broadband subscriptions had passed three billion in Q2 2015, and the year-on-year traffic growth for the same period is 55 per cent. The startling figures bring the number of mobile subscriptions to 7.2 billion, but the report points out …
Simon Rockman, 28 Aug 2015

Restructuring costs drag down Avnet's Q2 profits

The better start to fiscal '14 at Avnet Inc is continuing though EMEA remains the damp patch for the enterprise tech side of the house and component sales in the Americas were weaker than expected. If revenue gains are the measure of success - which they frequently are in wholesaler land - then Avnet did well, with group …
Paul Kunert, 23 Jan 2014

iMaker Hon Hai/Foxconn earnings stall as fanbois hold fire

Hon Hai/Foxconn's revenue slowed dramatically in the second quarter, as its iGadgets manufacturing reliance began to take its toll, with fanbois' showing thrift in anticipation of a new iPhone launch later this year. The Taiwanese manufacturer stated that Q2 net profits had risen 27 per cent from the preceding year, reports …

Fancy 10 Gbps home broadband? Broadcom's built the guts of it

While network operators around the world squeeze the last drops of sweat out of their copper, silicon vendors like Broadcom have an eye firmly on a fibre future. The company, currently in the throes of a takeover by Avago technologies, has announced a reference design to help its OEMs build kit to the emerging Ethernet Passive …
ASUS Chair Jonney Shih Computex 2015 press conference

Smartphone sales looking rosy for Asus, despite PC meltdown

While the mobe power base is shifting from the traditional players to the new upstarts, with Samsung and HTC suffering at the hands of Huawei and Xiaomi, Asus is having a good time in the good old handset market. Sales were up from three million in the first quarter to five million in the second and the company is predicting …
Simon Rockman, 12 Aug 2015
Windows XP boot screen

The XP factor gives MEGA-DISTIE Ingram Q2 sales a boost

The tills rang often for massive global distie Ingram Micro during its second calendar quarter, helped by frenzied PC refresh activity, but squeezing out better long term profits remains a work in progress. The globe's largest distie reported a revenue hike of $600m year-on-year to $10.9bn. Despite a near six per cent leap in …
Paul Kunert, 25 Jul 2014
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Tired tablets don't tickle the imagination, so sales fall again

Box-counter IDC's latest Quarterly tablet tracker has more bad news for fondleslab fans: sales are down and the market is fragmenting. The firm's preliminary data for 2015's second quarter finds 44.7 million fondleslabs and typoslabs shipped, down seven per cent on 2014's shipments. Q2's never a cracker – it contains no major …
Simon Sharwood, 30 Jul 2015
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New nbnTM roadmap reveals HFC tests to start in Q4

nbnTM, the entity charged with building and operating Australia's national broadband network (NBN) has released a new product roadmap. The new plan (PDF) reveals that retail service providers will be provided with a Network Sandpit for HFC” in 2015's fourth quarter. In Q2 of 2016, “HFC Business Readiness Testing” will commence …
Simon Sharwood, 01 Jul 2015
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Lenovo topples Apple from PC summit by declining less slowly

In what could be seen by some as a slightly hollow victory, Lenovo knocked Apple off the top spot in the global PC race by declining more slowly than its rival. Canalys stats show the total market dropped 11.8 per cent year-on-year in Q2 to a little over 109m desktops, notebooks and tabs. For the record, this equates to 1.46m …
Paul Kunert, 06 Aug 2015

Gartner: UK PC market stayed on its knees in Q2

The UK PC market was lifeless in Q2 and apocalyptic beancounter Gartner is not sure the whether it can be fully revived ever again. Or maybe its just that PC disties are placing fewer, less sizeable orders in anticipation of slow summer sales – and with one eye on keeping inventory at more manageable levels after getting burnt …
Paul Kunert, 09 Aug 2012

Red-stained Opera wants someone to hug it and whisper: 'No more pain, no more tears'

Opera Software has announced a 45 per cent revenue boost for its second quarter of financial year 2015 while hinting at a possible buyout, but didn't draw much attention to its $3m losses. Chairman Sverre Munck said on Wednesday that “the board has seen an interest in different alliances and cooperations with Opera over the …
Jennifer Baker, 12 Aug 2015

BrightPoint bosses steer biz to Q2 losses

BrightPoint recorded significant losses for calendar Q2 just as Ingram Micro was preparing to table an offer of $850m for the wireless device and services distie. In results filed last night, the firm turned over $1.27bn (£814m), up three per cent year-on-year for the period ended 30 June. This included $1.14bn from product …
Paul Kunert, 10 Aug 2012

Kaboom: Delayed patent bomb hits SAP in the Q2 profit

Sales of new software for SAP saw a minor improvement this spring while cloud grew so fast the giant has upped its estimated figures for the year. But for all the positives, a patent bomb took a hefty chunk out of SAP’s profits in the second quarter. SAP reported a three per cent increase in total revenue for the period to 30 …
Gavin Clarke, 17 Jul 2014

Insight becomes latest victim of global currency conundrum

Not a month passes without US-based tech suppliers bemoaning the ruinous impact of unfavourable for-ex rates on their financial well-being, and Insight Enterprises is the latest to do so. The Microsoft enterprise licensing house reported sales of $1.42bn for Q2 that were marginally up year-on-year but would have risen seven …
Paul Kunert, 04 Aug 2015
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Sales up, profit up, but no champagne corks popping at Rackspace

The gods of tech sales finally smiled on Rackspace in calendar Q2 of 2015. But the biz isn't celebrating just yet, because it's public cloud arm is stuck in first gear. The cloud server-hosting biz reported an 11 per cent year-on-year growth in turnover to $489.4m (£314.2m) in the three months ended 30 June. Total costs and …
Paul Kunert, 11 Aug 2015
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PC rivals weep while Lenovo dazzles with Q2 box-shifting numbers

If the HP folks in Palo Alto were hoping to see a chink in Lenovo's armour on its latest quarterly financials they will be sorely disappointed - a double-digit growth fest was banked by the Chinese dragon AGAIN today. The company has its portfolio limitations but it made the most of the sectors in which it operates to push up …
Paul Kunert, 07 Nov 2013
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Booked that expensive holiday yet Mr Server Maker? Maybe just a day trip for now

The EMEA server market is on fire, but not in a good way – both shipments and factory revenues declined in Q2 amid the currency issue and uncertain business climate. Unit sales dropped 5.6 per cent year-on-year to 523,800 servers, and the money coughed for them dipped 2.3 per cent to $3.1bn, abacus fondlers at Gartner have …
Paul Kunert, 26 Aug 2015
Layout of IBM's four superconducting quantum bit device. Using a square lattice, IBM is able to detect both types of quantum errors for the first time. This is the best configuration to add more qubits to scale to larger systems. (Credit: IBM Research)

Big Blue bafflement: Anyone in IBM Storage know which way is up?

Comment IBM's storage hardware revenues continued their long-term dive, judging by the corp's latest financial results. It's getting hard to know what to say about this. IBM is supposed to be one of the best-managed corporations in the world and yet, for twenty quarters in a row, its quarterly storage revenues have declined on the …
Chris Mellor, 21 Jul 2015
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Facebook is raking in so much filthy lucre, it can't spend it fast enough

Facebook beat estimates on both revenue and earnings for the second quarter of its fiscal 2015, but investors seemed taken aback by the social network's soaring spending. The firm reported revenue of $4.04bn for the three months ending on June 30, which was up 38.9 per cent from the same period a year ago. Its earnings were …
Neil McAllister, 29 Jul 2015

Record-breaking $502m in sales, BIG LOSSES – OF COURSE IT'S TWITTER

Twitter has managed to collect over half a billion dollars - and somehow throw it all away and more even though it does nothing but run a microblabber portal. But the markets are impressed anyway. The company brought in $502m for the second quarter of its fiscal 2015, which ended on June 30. The figure represented a 60.9 per …
Neil McAllister, 28 Jul 2015
AMD underwater

AMD looks at sinking sales, gulps: It's worse than we thought

Struggling chipmaker AMD warned investors on Monday that its second-quarter results, which are due to be announced on July 16, will be lower than previously expected. During a conference call with financial analysts at the end of the company's previous quarter in April, AMD chief financial officer Devinder Kumar said he …
Neil McAllister, 06 Jul 2015

Embarrassed Amazon admits to actually MAKING MONEY as cloud biz blooms

Wall Street got a nasty Q2 shock today from Amazon, which announced an unexpected profit driven largely by its cloudy AWS business. Total net sales for the three months ending on June 30 were $23.19bn, a 19.9 per cent year-on-year gain that ran right past financial analysts' estimates. But the real surprise was that the …
Neil McAllister, 23 Jul 2015
Comet Lovejoy

Comet Lovejoy's greenish glow visible with naked eye this weekend

Northern stargazers in low-light environments should be able to pick up a greenish-looking space rock in the night's sky – as Comet C/2014 Q2 (Lovejoy) makes its closest approach to Earth in living memory. Comet Lovejoy expelling carbon So long, won't see you later Lovejoy, named after the Australian amateur astronomer Terry …
Iain Thomson, 10 Jan 2015

Pray for AMD

We were warned, but AMD's second-quarter results were still a shocking bloodbath, with revenue that missed analysts' estimates and came in even lower than the chipmaker's own revised guidance. Last week, we were cautioned to expect AMD's revenue for the period ending on June 27 to be down 8 per cent sequentially, contrary to …
Neil McAllister, 16 Jul 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

Samsung claims it still plans to ship Tizen phones in Q2

Hope springs eternal for wannabe Android competitor Tizen, with Samsung saying it plans to ship the first smartphones based on the open source OS in the second quarter of 2014 – carriers' cold feet be damned. In an interview with Reuters, Samsung senior VP of product strategy Yoon Han-kil said the Korean firm plans to release " …
Neil McAllister, 17 Apr 2014

Tech Data: screw you Wall St, we're a high flying distie

Walloping Wall Street expectations is becoming a bit of a habit for Tech Data - tighter cost controls beefed up operating profit, and higher than expected sales led to a double digit spike in the share price. The world’s second largest tech distie suffered at the hands of currency exchange rates - like the rest of the US-based …
Paul Kunert, 21 Aug 2015
Graph of US dollar going up CC 2.0 https://www.flickr.com/photos/68751915@N05/ 401kcalculator.org.

The enterprise hardware market is growing. You read that right. Growing

The enterprise hardware market is growing. You read that right, growing. So says abacus-wielder IDC which this week emitted new Worldwide Quarterly Trackers for servers, ethernet switches and routers. The overall server market, the firm says, was up by 6.1 per cent for 2015's second quarter compared to the same period in 2014 …
Simon Sharwood, 28 Aug 2015
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Texas T Rex Dell: Terabytes shipped. Count 'em and weep...

Dell sold more storage capacity than any other supplier in the first half of 2014, says analyst IDC. In IDC's worldwide Quarterly Disk Storage Systems Tracker reports Dell is singled out as having sold 4,311,728 terabytes of disk storage, 4.3 exabytes, by the mid-point of 2014 – pretty damned impressive. We're told that Dell …
Chris Mellor, 24 Sep 2014

Intel grazes Q2 numbers, but 'growth will be slower' in Q3

Intel has reported its second-quarter 2012 financial results, and you can almost hear the Wall Street moneymen breathe a muted sigh of relief – although the sound of popping champagne corks is not likely to be heard. Although total Q2 earnings were just under expectations at $13.5bn, the all-important earnings-per-share (EPS) …
Rik Myslewski, 17 Jul 2012
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AMD smacked by channel slump in Q2

The bean counters at AMD have done a first pass on the company's second quarter, and it is not looking so good. The company said in a statement after Wall Street called it a day on Monday that revenues in the second quarter ended in June would fall by approximately 11 per cent sequentially from the first quarter. AMD had …
Intel headquarters, Santa Clara

Intel beats earnings estimates (because nobody expected it to earn much)

Punch-drunk Intel staggered along in the second quarter of its fiscal 2015 and somehow managed to outperform analysts' estimates, even though its results looked even worse than the previous quarter's. Total revenue for the three months that ended on June 27 was $13.2bn. And while that was better than Wall Street hoped for, it …
Neil McAllister, 15 Jul 2015
David and Goliath in the Valley of Elah

Mutant upstart Nimble embiggens revenues – and losses, too

Hybrid array storage start-up minnow Nimble Storage saw revenues grow strongly in its latest quarter, though not enough to trouble mainstream storage vendors. Revenues in its first fiscal 2016 quarter, ended April 30, were 53 per cent higher than a year ago at $71.3m, with a net loss of $29m: it was $19.6m a year ago. …
Chris Mellor, 27 May 2015
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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
Apple iPhone 6 and 6 Plus

MONSTROUS iPhone sales are CANNIBALIZING iPads, gabbles Apple CEO

Apple countered soaring iPhone and Mac sales with yet another doleful quarter for the iPad in its second quarter of fiscal year 2015. The Cupertino giant logged Q2 revenues of US$58bn (£38bn, AU$73.9bn), up 27 per cent over US$45.6bn in the same period last year. Earnings per share (non-GAAP diluted) of US$2.33 beat analyst …
Shaun Nichols, 27 Apr 2015

Emulex ends seven-quarter run of losses

+Comment After seven straight quarters of losses, Emulex has made a $4.3m profit in its second financial 2015 quarter – but that performance might not be repeated next quarter. The profit was better by far than the $4m loss a year ago and the $700k loss in the previous quarter. Revenues were $111.1m, above guidance but still 9.7 per cent …
Chris Mellor, 30 Jan 2015

Silicon-happy ARM engorges its profits by a third – so its shares dip

ARM posted bumper sales and profits for its second quarter results – yet shares at the Cambridge-based outfit were still dragged down by Apple's "disappointing" results. Revenues at the mobile processor design biz rose 22 per cent to £228.5m for its second quarter, while pre-tax profits increased 32 per cent to £123.9m, …
Kat Hall, 22 Jul 2015
Apple Watch Sport

Apple Watch is such a flop it's the world's top-selling wearable

Apple's Watch was slow to reach stores, needed a patch for the FREAK bug, has given users a nasty rash, sparked a lawsuit and may not be notably better than Android Wear, but none of those travails have stopped it from becoming the world's number one wearable. So say the folks at analyst outfit Canalys, who reckon Apple …
Simon Sharwood, 21 Jul 2015

America helps ease Ericsson's pain

Ericsson boss Hans Vestberg is breathing a sigh of relief, with America's demand for mobile broadband stabilising enough to help it beat forecasts for the second quarter. The company announced on Friday that the North American territory had finally stabilised after declining for three quarters, helping both sales and profit …
Apple HDTV

Apple to kick start 'iTV' production in Q2

Apple will start punching out 2-5m so-called 'iTVs' during the latter part of Q2, one financial analyst has forecast. Peter Misek, an analyst with US stockbroker Jeffries, told investor clients this week that he believes the companies making the display units have already started receiving core components, albeit in small …
Tony Smith, 13 Mar 2012
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Wunderbar! Bechtle chairman fizzles after sizzling financials

Sprawling German-owned tech reseller Bechtle AG today reported a double digit spike in revenues as it made ground both in the relatively sluggish home markets and abroad, helped by acquisitions. Turnover in calendar Q2 was up 16.4 per cent to €603.7m (£482m) including a 14.6 jump in domestic revenues to €403.4m as those outside …
Paul Kunert, 08 Aug 2014
Lemmings for Windows box by https://www.flickr.com/photos/comedynose/ cc 2.0 attribution generic https://creativecommons.org/licenses/by/2.0/

PC sales go OFF A CLIFF to under 300 million a year

The PC market had a horror second quarter, according to new data from analyst outfits Gartner and IDC. Gartner's blaming Windows 10 for the slowdown: the firm reckons buyers are holding on to their cash before the OS drops, in order to buy machines with Microsoft's new baby pre-installed. Others are holding off because the US …
Simon Sharwood, 10 Jul 2015

AVG stung as search revenue from freebie scanners dries up

Security software firm AVG net income has fallen from $24.7m in Q2 2013 to $13.7mn in Q2 2014, according to financial results out Wednesday. The profits slide is explained by the slip in revenue from $100.4m in Q2 2013 to $88m in the three months running up to 30 June 2014. AVG responded to the results by revising its outlook …
John Leyden, 31 Jul 2014
Stanley Kubrick's The Shining

Yahoo! reverses! reversal! FLIPS! profit! into! loss!

Yahoo! has reported a $22m loss for its second quarter, as CEO Marissa Mayer tries to buy market share off Google and Facebook. For the same period last year, the ad business booked a $270m profit, so the quarter represents a slump of nearly $300m. The loss, which Reuters briefly described as a “lower-than-expected profit” …