News tagged with net profit

HP posts $1.4B fiscal 4Q profit

Hewlett-Packard posted net income of $1.4 billion for its fiscal fourth-quarter, as cost cuts stemming from its ongoing restructuring more than offset the effects of sluggish computer demand.

Nov 26, 2013
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Taiwan's Hon Hai net profit up 1.5% in third quarter

Taiwan tech giant Hon Hai Precision said Thursday net profit rose a better than expected 1.5 percent in the three months to September, although the earnings were weighed by the later release of Apple's latest iPhones.

Nov 14, 2013
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Deutsche Telekom adds more US customers

Telephone company Deutsche Telekom said Thursday it made a net profit of 588 million euros ($793 million) in the third quarter as it continued to add customers at T-Mobile USA.

Nov 07, 2013
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India's Wipro shares tumble as revenue lags

Shares in India's third largest IT outsourcer Wipro slumped more than eight percent on Wednesday, a day after it announced modest revenue growth that lagged rivals, analysts said.

Oct 23, 2013
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India's Wipro Q2 profit up 29%, beats forecasts

India's third-largest software firm Wipro on Tuesday reported quarterly net profit climbed 29 percent year-on-year, led by a jump in outsourcing orders as global business conditions improved.

Oct 22, 2013
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SAP profits up 23 percent as cloud computing grows

Business management software company SAP AG says net profit rose 23 percent in the third quarter as its cloud computing business grew rapidly and the company kept down costs by holding down hiring of new employees.

Oct 21, 2013
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India's HCL profit soars 64%, beats forecasts

HCL Technologies, India's fourth largest IT services provider, on Thursday said net profit soared 64 percent in July-September as an economic recovery in developed markets spurred demand.

Oct 17, 2013
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