News tagged with quarter profit

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IBM raises guidance, beats Street estimates

IBM Corp. raised its income guidance for the year on Monday as earnings in the latest quarter increased 8 percent because of growth in all three of its major product categories.

Jul 18, 2011
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Deutsche Telekom profit down 37 pct to $696 mln

(AP) -- German telecommunications company Deutsche Telekom AG saw net profits fall 37 percent in the first quarter as it lost mobile phone customers in the U.S. and its business suffered in crisis-stricken Greece.

May 06, 2011
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Canon profit drops, cuts forecasts due to tsunami

(AP) -- Canon said its first quarter profit dropped slightly on costs from an acquisition and Tuesday warned that full year earnings would take a hit from disrupted production due to Japan's earthquake and tsunami.

Apr 26, 2011
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EBay 4Q revenue rises, helped by holiday shoppers

(AP) -- EBay Inc. said Wednesday that its fourth-quarter revenue rose 5 percent, as the healthy holiday shopping season bolstered growth in its online marketplace and PayPal online payments business.

Jan 19, 2011
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India's Infosys profits up 14.1%, lag forecasts

Indian tech giant Infosys on Thursday posted a disappointing 14.1 percent rise in consolidated net profit, and warned that future growth could be hurt if recovery in developed markets weakens.

Jan 13, 2011
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Intel warns 3Q results will miss expectations

(AP) -- Chip-maker Intel Corp. is cutting its sales forecast for the quarter, adding fresh evidence that a rickety economy is putting a damper on the back-to-school shopping season.

Aug 27, 2010
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PC maker Lenovo turns to profit on China sales

(AP) -- Lenovo Group, the fourth-largest personal computer maker, said Thursday it rebounded to a quarterly profit from a loss a year earlier, driven by strong sales in China and other emerging markets.

Aug 19, 2010
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India's Infosys quarterly profits disappoint

India's second-biggest software exporter Infosys announced Tuesday a surprise 2.4 percent fall in first quarter consolidated net profit but raised its revenue outlook for the full year.

Jul 13, 2010
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Game sales strong for EA but outlook hurts shares

(AP) -- Video game publisher Electronic Arts Inc. said Tuesday that strong sales of games such as "Battlefield: Bad Company" and "Mass Effect 2" gave the company a quarterly profit above expectations. But its outlook fell ...

May 11, 2010
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Rackspace 1Q profit rises

(AP) -- Rackspace Hosting Inc. said Monday that its first-quarter profit rose as managed hosting revenue climbed.

May 03, 2010
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