Related topics: net profit · profit

Toshiba swings to profit as devices sell well

Japan's Toshiba on Wednesday reported $54 million in net profit for the April-June quarter, reversing a quarterly loss a year earlier, thanks to a weak yen and brisk sales of electronic devices.

Infosys profits up slightly despite currency woes

Indian software outsourcing giant Infosys posted slightly higher quarterly profit Friday and maintained its revenue growth forecast despite the weak rupee and uncertainty about U.S. visas for its employees.

Electric car maker Tesla posts first profit

Tesla Motors said Wednesday it posted its first-ever quarterly profit as the electric carmaker beat its own forecasts and surprised market analysts.

Taiwan's Acer swings to profit in Q1

Taiwan's leading personal computer maker Acer said Tuesday it swung to profit in the first quarter of 2013 thanks to income from foreign exchange and stock sales.

Taiwan's MediaTek profit up 51 percent in 1Q

MediaTek Inc., Asia's largest chipset designer, said Monday its first quarter profit grew 51 percent from a year earlier, boosted by China's flourishing smartphone market.

Tough auto market dents BMW earns, sales in Q1

Tough auto markets worldwide—including a deep slump in Europe—and investment in new technology dented first-quarter earnings at German automaker BMW AG.

Samsung profit at record high on smartphone boost

Samsung Electronics Co. said Friday its first quarter profit jumped to a record high as smartphone sales remained strong despite the April launch of an updated version of its flagship Galaxy phone.

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