Related topics: net profit ยท profit

SK Hynix misses Q3 analyst estimates

South Korea's SK Hynix Inc. announced a fall in third quarter profits Thursday due to slowing global demand for memory chips that failed to offset orders from Apple for is popular new iPhone.

India's Infosys gives muted earnings, stock falls

Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.

China search engine Baidu's Q4 profit rise misses mark

Chinese search provider Baidu on Wednesday reported that its fourth quarter profit climbed 16 percent to $520.4 million, driven by a surge in smartphone users connecting with the Internet powerhouse.

Amazon surprises with profit despite fierce spending

Amazon surprised the market Thursday with a quarterly profit far better than anticipated for the online giant known for pouring money into projects such as original video programs and delivery drones.

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