Samsung 2Q net profit up 5.2 percent; Hynix trims loss in sign of better times for chip makersJuly 24th, 2009 Samsung 2Q profit rises; Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.
Samsung Q2 net profit up 5.2 pct, Hynix trims loss in sign of better times for chip makersJuly 24th, 2009 Samsung Q2 profit rises, Hynix trims lossSEOUL, South Korea — Samsung Electronics Co., the world's biggest maker of computer memory chips, said second-quarter net profit rose 5.2 percent while rival Hynix reported a narrower loss as the chip industry emerges from a deep slump. Samsung, also the world's biggest manufacturer of flat screen televisions, earned 2.25 trillion won ($1.81 billion) in the three months ended June 30, it said in a regulatory filing Friday.
Samsung expects strong 3rd-quarter operating profit as sales improveOctober 6th, 2009 Samsung expects strong 3rd-quarter profitSEOUL, South Korea — Samsung Electronics Co. said Tuesday that profit likely surged in the third quarter on higher sales, amid a brightening outlook for the world's largest manufacturer of computer memory chips and flat screen televisions.
DG FastChannel 2nd-quarter earnings decline as operating expenses riseAugust 6th, 2009 DG FastChannel 2Q profit declinesDALLAS — DG FastChannel Inc., a digital media advertising services company, said Thursday it earned a lower second-quarter profit, but matched Wall Street expectations. Profit declined to $3.6 million, or 16 cents per share, from $4.1 million, or 23 cents per share, a year ago.
Samsung says first quarter net profit plummets amid weak demand for semiconductors, TVsApril 24th, 2009 Samsung says first quarter profit plummetsSEOUL, South Korea — Samsung Electronics, the world's No. 1 maker of computer memory chips and flat screen TVs, said net profit plummeted 72 percent in the first quarter as the global economic slump continued to suppress consumer demand.
Marks & Spencer says 1Q sales up 2.9 percent; UK comparable sales fall 1.4 pctJuly 1st, 2009 Marks & Spencer 1Q sales up 2.9 pctLONDON — Clothing and food retailer Marks & Spencer Group PLC said Wednesday that first quarter sales rose by 2.9 percent, though comparable sales in its home market in Britain declined by 1.4 percent. The drop in U.K.
Red Hat posts higher 2nd-quarter profit, sales; shares jump after hoursSeptember 23rd, 2009 Red Hat posts higher 2Q profit, salesRALEIGH, N.C. — Red Hat Inc., the software distributor behind the Linux operating system, said Wednesday its fiscal second-quarter profit grew as companies opted for its source products amid the economic downturn.
Infosys Reported 31 per cent Rise in Q3 Net ProfitJanuary 11th, 2006 Major Indian outsourcing outfit Infosys Technologies reported on Wednesday a 31 per cent rise in its Q3 net profit, while meeting the expectations for the quarter. The company said that its net profit surged to Rs 642 crore in the quarter ended December 31, 2005, as compared to Rs 496 crore in the year-ago quarter.
MedAssets posts 2nd-quarter profit of $2.2 million as acquisition boosts revenueAugust 4th, 2009 MedAssets posts 2Q profit on sales boostATLANTA — Hospital software company MedAssets Inc. said Monday it posted a second-quarter profit, compared with a year-ago loss, as an acquisition boosted sales.
Solera Holdings posts 4th-qtr profit as rise in auto recycling revenue offsets other declinesAugust 28th, 2009 Solera Holdings posts fiscal 4Q profitSAN DIEGO — Solera Holdings Inc., which provides software and services for the auto insurance claims industry, said Thursday it posted a fiscal fourth-quarter profit as revenue gains in the company's automotive recycling unit offset declines in other areas. The company earned $11.8 million, or 17 cents per share, compared with a loss of $21.6 million, or 34 cents per share, a year ago.
Salesforce.com 2nd-quarter profit surges, tops Wall Street expectations; shares jumpAugust 21st, 2009 Salesforce.com 2Q profit soars, sales climbSAN FRANCISCO — Sales management software maker Salesforce.com Inc. said Thursday its fiscal second-quarter profit more than doubled as the company added thousands of new customers and grew its revenue.
Summary Box: HP's third-quarter profit plunges 19 percent as PC, ink sales remain weakAugust 19th, 2009 Summary Box: HP profit hurt by weak PC, ink salesPROFIT PINCHED: Hewlett-Packard Co.'s fiscal third-quarter profit fell 19 percent despite what the company described as improving conditions in the consumer personal computer market. HP's net profit was $1.64 billion, or 67 cents per share, versus $2.03 billion, or 80 cents per share, in the year-ago period.
Oracle profit rises 4 pct, matching Street views, despite 5 percent sales dropSeptember 16th, 2009 Oracle net rises 4 pct, matching Street viewsSAN FRANCISCO — Oracle Corp. says its quarterly profit rose 4 percent despite a 5 percent drop in sales.
Stocks mostly higher at opening after Intel increases revenue forecastAugust 28th, 2009 Stocks mostly higher after Intel boosts forecastNEW YORK — The stock market got a small boost Friday from Intel Corp., which raised its third-quarter sales forecast and offered investors fresh hope that businesses are starting to recover from the recession. Stocks were mostly higher in early trading after the world's largest maker of computer chips said it now expects sales of $8.8 billion to $9.2 billion in the current quarter.
Longtop Financial posts 38 percent jump in 1st-quarter profit, raises full-year guidanceAugust 19th, 2009 Longtop Financial's 1Q profit jumps 38 percentChinese financial software developer Longtop Financial Technologies Ltd. said Tuesday its fiscal first-quarter profit rose nearly 38 percent on growing demand across its customer base, and boosted its revenue and profit expectations for the full fiscal year.
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July 24th, 2009 at 8:27 am
Congratulations to Samsung, looks like the tough economic times have not taken a toll on them, since their sales have continued to increase. This really does say something about the quality of products that they deliver to consumers. Thanks!