News tagged with operating loss

Japan's NEC sees $1.36 billion net loss

Japanese IT firm NEC said Friday it lost $1.36 billion in the year to March as asset write-downs and tax payments hit its bottom line, even as operating profit rose.

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 0

Sony more than doubles net loss forecast to $6.4 bn

Japan's Sony on Tuesday said it would book a net loss of about $6.4 billion in the year to March, more than double its previous forecast amid sweeping changes at the struggling electronics giant.

Technology / Business

created Apr 10, 2012 | popularity not rated yet | comments 0

Japan's Panasonic set for $10.2 billion loss

Japan's Panasonic on Friday warned it would see its worst-ever net loss of 780 billion yen ($10.2 billion) for the year to March, blaming the strong yen, flooding in Thailand, and acquisition costs.

Technology / Business

created Feb 03, 2012 | popularity not rated yet | comments 0

Cybercrime costs $114 billion a year: report

Cybercrime claimed 431 million adult victims last year and cost $114 billion, according to a report published Wednesday.

Technology / Internet

created Sep 07, 2011 | popularity not rated yet | comments 1

LG Electronics posts $229 million quarterly loss

(AP) -- LG Electronics reported its first quarterly loss in nearly two years as prices for flat screen televisions fell and devices like the iPhone provided stiff competition for its mobile phone business.

Technology / Business

created Jan 26, 2011 | popularity not rated yet | comments 0

Washington Post stems tide of red ink

The Washington Post Co. reversed its slide and posted a quarterly profit on Friday despite a steep decline in advertising revenue at its flagship newspaper.

Technology / Business

created Jul 31, 2009 | popularity not rated yet | comments 0

Samsung Electronics reports 72% profit slump

South Korea's Samsung Electronics, the world's top computer memory chipmaker, has announced its first-quarter net profit fell 72 percent year-on-year as poor demand depressed prices.

Technology / Business

created Apr 24, 2009 | popularity not rated yet | comments 0