News tagged with net profit

NEC swings to quarterly net profit

Japanese information technology firm NEC said Thursday it had swung to a net profit in the October-December quarter, thanks in part to improved sales in defence systems and mobile networks.

Jan 31, 2013
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Ericsson posts Q4 loss, but sales up

Wireless equipment maker Ericsson posted a 6.46 billion kronor ($1.02 billion) loss in the fourth quarter due to a massive one-time charge, but said Thursday its sales rose 5 percent as mobile operators invested in broadband ...

Jan 31, 2013
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Softbank 3Q profit doubles on iPhone sales

Japanese phone company Softbank, owned by billionaire Masayoshi Son, says its net profit more than doubled in the October-December quarter from a year earlier, helped by strong sales of Apple's iPhone and iPads.

Jan 31, 2013
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Nintendo chief rules out price cuts for Wii U

Nintendo's president Thursday ruled out price cuts for its new Wii U home console as a way to boost sales, vowing to become profitable again in its core businesses as smartphones and tablets increasingly ...

Jan 31, 2013
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United Technologies 4Q profit down but sales grow

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition.

Jan 23, 2013
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Wipro profits up 18 pct on strong demand

Wipro reported an 18 percent rise in December quarter profits Friday, beating expectations as global cost-cutting drives global businesses to Indian outsourcing companies.

Jan 18, 2013
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Sharp shares soar in Tokyo on profit report

Sharp shares jumped nearly 13 percent in Tokyo trading on Friday after a Japanese media report said the embattled electronics giant logged an operating profit in the last quarter of 2012.

Jan 11, 2013
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Pandora reports profit, but stock is hammered

US Internet radio firm Pandora Media came under pressure Tuesday after reporting a modest profit and strong revenue growth, but offering disappointing guidance for the coming quarter.

Dec 04, 2012
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