Chipmaker Marvell Technology's 2nd-quarter profit falls 18 pct as revenue declines 24 pctAugust 28th, 2009 Chipmaker Marvell's 2Q profit falls as sales dropSANTA CLARA, Calif. — Marvell Technology Group Ltd., which makes chips used in phone networks, said Thursday its second-quarter net income fell 18 percent to $58.5 million as revenue slumped.
Spreadtrum Communications posts smaller than expected 2nd-quarter adjusted loss, shares jumpAugust 19th, 2009 Spreadtrum posts better-than-expected 2Q resultsNEW YORK — China's Spreadtrum Communications Inc., which makes chips for wireless phones, said Tuesday that slid to a second-quarter loss as revenue tumbled 60 percent. But the company still beat analysts' expectations and forecast better-than-expected third-quarter revenue, sending shares up 14 percent in after-hours electronic trading.
Chip equipment maker Applied Materials posts 3Q loss as revenue drops 39 pct but tops viewAugust 11th, 2009 Applied Materials posts 3Q loss as revenue fallsSANTA CLARA, Calif. — Applied Materials Inc., which makes equipment used to produce semiconductors, said Tuesday it slid to a fiscal third-quarter loss, reversing a year-ago profit, as revenue plunged 39 percent.
ON Semiconductor posts 2Q loss on lower revenue, charges but numbers top analysts' estimatesAugust 6th, 2009 ON Semiconductor posts 2Q loss as revenue fallsPHOENIX — Chip maker ON Semiconductor Corp. reported a loss for the second quarter after booking restructuring and other charges as revenue fell.
Rosetta Stone posts second-quarter loss on special itemsJuly 30th, 2009 Rosetta Stone posts loss for Q2ARLINGTON, Va. — Language education company Rosetta Stone Inc.
SBA Communications posts wider-than-expected 2Q loss, as higher costs trumped stronger salesJuly 29th, 2009 SBA Communications posts wider 2Q lossBOCA RATON, Fla. — SBA Communications Corp., which leases cell phone towers to wireless providers, on Tuesday posted a wider-than-expected loss for its second quarter as operating costs grew.
Taiwan's chipmaker UMC posts first quarterly profit in a year as demand improvesJuly 29th, 2009 Taiwan chipmaker UMC returns to profit in Q2TAIPEI, Taiwan — Taiwan's United Microelectronics Corp., the world's second-largest contract chipmaker by revenue, on Wednesday posted its first quarterly profit in a year on stronger customer demand. The company's net income was NT$1.55 billion ($47 million) for the April-June quarter, down 35.5 percent from a year earlier.
Homebuilder Hovnanian posts $118.6 million loss in 2nd qtr and 49 percent drop in revenueJune 2nd, 2009 Hovnanian 2nd-quarter loss narrowsHovnanian Enterprises Inc. says it trimmed its fiscal second-quarter loss versus a year ago as the homebuilder slashed prices to woo reluctant buyers but had to absorb losses from the declining value of land and other assets.
CBS posts loss in 1st quarter as advertising revenue fallsMay 8th, 2009 CBS posts 1Q loss on advertising weaknessLOS ANGELES — CBS Corp., the media company controlled by billionaire Sumner Redstone, said Thursday it lost $55 million in the first quarter as advertising revenues fell sharply. The results missed Wall Street expectations, but the company gave an upbeat outlook for the rest of the year.
Wendy's/Arby's posts $10.9 million loss in 1st quarter due partly to $15 million chargeMay 8th, 2009 Wendy's/Arby's posts $10.9M loss in 1QNEW YORK — Wendy's/Arby's Group says it posted a $10.9 million loss in the first-quarter as Arby's sales fell and it took a one-time $15 million charge, in part, to integrate the two fast food chains. The quick-service restaurant chain lost 2 cents per share in the period.
Electronic Arts posts 4th-quarter loss, lower revenueMay 5th, 2009 Electronic Arts posts 4Q lossNEW YORK — Electronic Arts is reporting a smaller net loss for its fiscal fourth quarter, a period with few hit game launches. It also confirms its guidance for the current fiscal year.
STMicro 1st-quarter loss widens as sales drop off; chipmaker to lay off 1,200 workersApril 30th, 2009 STMicro 1Q loss widens as sales drop offSEATTLE — Swiss chipmaker STMicroelectronics NV reported a wider first-quarter loss Wednesday as sales sank across the board, and said it would lay off 1,200 people. The Geneva-based company said it lost $541 million, or 62 cents per share, in the quarter, compared with a year-ago loss of $84 million, or 9 cents per share.
Wireless chipmaker Skyworks posts 2nd-quarter loss as sales fall, but sees improvement aheadApril 24th, 2009 Skyworks posts 2Q loss as sales fall 14 percentWOBURN, Mass. — Skyworks Solutions Inc., a maker of chips for wireless products such as cell phones, on Thursday reported a fiscal second-quarter net loss as sales fell 14 percent.
YRC Worldwide posts sharply wider 1st-quarter loss on hefty charges, much lower revenueApril 23rd, 2009 YRC Worldwide 1Q loss balloons as revenue fallsOVERLAND PARK, Kan. — Trucking and logistics company YRC Worldwide says its first-quarter loss ballooned as it booked hefty restructuring charges and shipments declined amid the dismal economy.
SanDisk posts loss in first-quarter but tops estimates; revenue falls 22 percent, shares riseApril 22nd, 2009 SanDisk posts loss in 1Q, but tops estimatesMILPITAS, Calif. — SanDisk Corp., a supplier of flash memory cards installed in cell phones and digital cameras, on Tuesday reported a net loss for the first quarter as revenue fell by 22 percent.