Articles about earnings

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Intel, Amazon, Twitter: Your 60-second guide to today's financial-gasm

We may be beyond the halfway point for the calendar year, but in the world of corporate finance we are squarely in the middle, as companies are posting their numbers for the three months to the end of June. Rather than you slogging through spreadsheets and investor relations portals, El Reg is going to give you the bottom line …
Shaun Nichols, 27 Jul 2017
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Juniper revenue up, but profit slips for Q3

Juniper's turned in a Q3 2016 quarter revenue of US$1.285 billion, up 3 per cent on the same period last year, but with GAAP profits down by 13 per cent to $172.4 million. CEO Rami Rahim picked out some bright spots in the numbers, saying that the cloud business has become the company's primary driver. Routing rose 3 per cent …
Satya Nadella

Microsoft kinda did OK this quarter – but whatever, Wall Street loves Satya Nadella

Microsoft's first-quarter results for its 2017 fiscal year reveal a four per cent year-on-year fall in profit and 10 per cent dive in operating income. Just before the quarterly results were announced, Microsoft's stock was down about half a per cent to $57.25 a share. Then when the figures landed, and despite the fall in …
Iain Thomson, 21 Oct 2016
Michael Dell, photo: Dell

Dell slips into a slimmer red dress after sales diet

Dell had an unremarkable Q1 of fiscal 2017, with its parent Denali Holding Inc today reporting revenues down 2 per cent year on the year to $12.5bn, but greatly reduced operating losses, trimmed 52 per cent from $335m to $161m. The company burned through $63m in cash in the three months ended April 29 but this pointed to " …
Drew Cullen, 10 Jun 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
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

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 …

Wall St wolves tear chunk off Microsoft: There goes $30bn!

The morning after Microsoft published its second quarter figures, its share price tumbled 10 per cent as markets opened in New York – wiping $30bn off its value. Never mind the 3D goggles announced a few days before: a brace of Wall St analysts have cut their estimates and ratings for the software giant. The Street has talked …
Gavin Clarke, 27 Jan 2015
HP

Pull up! Pull up! Pull up! Ding ... HP ends eleven-quarter sales nosedive

Think of HP, and what comes to mind? Business critical systems? Printers? Software? Lord no – it's laptops and bog-standard servers ruling the company's roost right now. The tech titan reported on Wednesday [PDF] that in the three months to July 31, it booked $27.6bn in net revenue, an increase of one per cent, year on year. …
Shaun Nichols, 21 Aug 2014
Ciscoblood

Grimly determined Cisco reports weak earnings

Networking giant Cisco has reported weak results in line with its own muted expectations as it continues to face difficulties in emerging markets. The technology bellwether reported a net income of $2.5bn on Wednesday, representing an earnings per share of $0.47 on sales of $11.16bn for its fiscal second quarter, which beat …
Jack Clark, 12 Feb 2014

Intel treads water despite drowning PC biz clinging to Chipzilla's legs

Intel beat analyst expectations on sales and missed on earnings as the world's largest chip designer had trouble tacking into the winds of change that are reshaping the world's tech market. Full-year revenues in 2013 were $52.7bn, with a gross margin of 59.8 per cent, down slightly on $53.3bn and 62.1 per cent a year ago. Net …
Jack Clark, 16 Jan 2014
Red Hat Shadowman logo

Red Hat's pockets bulging on strong Linux, JBoss sales

Enterprise Linux vendor Red Hat posted strong financial results for the third quarter of its fiscal 2014 on Thursday, with earnings that beat both analysts' estimates and the company's own earlier guidance. Revenues for the quarter ending on November 30 were $397m, up 15 per cent from the same period a year ago. In the …
Neil McAllister, 20 Dec 2013
Oracle's Iron Man 2 ad

Oracle: Our figures say hardware has flatlined, but we assure you it hasn't

Database and wannabe hardware giant Oracle has beat Wall Street expectations after nine disappointing months, and said cloud services are one of its three main growth areas for next year. The company reported its second-quarter results for its fiscal 2014 year on Wednesday, and surprised analysts by stemming the rot in new …
Jack Clark, 19 Dec 2013
Marc Benioff

Salesforce slaps Amazon, Google with glove: 'I'm THE FIRST $1bn-quarter enterprise cloud biz'

Salesforce shares stumbled down 1.5 percent on Monday after the customer relationship management company reported third quarter revenues that narrowly beat analyst expectations. The company booked sales of $1.072bn, with a billion coming from its core businesses, and $72m from other assets such as platform-as-a-service cloud …
Jack Clark, 19 Nov 2013
John Chambers at the World Economic Forum 2010

BIG trouble in BIG China: Cisco shares fall off a cliff as CEO warns of slump

Cisco's shares slumped ten per cent in after-hours trading on Wednesday after the networking kingpin copped to terrible performance in emerging markets. The hardware giant squeezed $2.9bn in net income (up 11.6 per cent year on year) out of revenues of $12.1bn (up 1.8 per cent) in the third quarter of 2013. The company beat …
Jack Clark, 13 Nov 2013

Rackspace claws fistful of bucks from Amazon-ruled cutthroat cloud bearpit

Rackspace is making less money than before on higher revenues as a vicious cloud market takes a cleaver to what was previously a steady business. The Texan web-hoster-turned-cloud-provider reported a net income of $16m on revenues of $389m on Monday for its third quarter of 2013, missing analyst expectations on profit but just …
Jack Clark, 12 Nov 2013
BT Openreach van

BT's new boss reports flat sales and pre-tax profit tumble

BT's freshly installed chief executive Gavin Patterson told the City today that revenue had edged up to £4.49bn, while profit before tax fell 10 per cent to £499m during the company's second quarter. In a cautious-sounding statement, Patterson said that the three months ended 30 September had produced "good results" for BT. …
Kelly Fiveash, 31 Oct 2013
Bezos headshot

Amazon: Wow, look at this $17bn we made. Uh, oh wait, it's gone already

Amazon has had another great quarter raking in huge revenues and, as usual, has reported a net loss as Bezos & Co poured the cash back into the company's business divisions. The bookseller-turned-everything-seller said it racked up sales of $17.09bn for the third quarter of 2013, up a staggering 24 percent on the same period a …
Jack Clark, 24 Oct 2013

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