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Nvidia Supplier SK Hynix Sees First Profit In 5 Quarters, Credits AI Chip Demand

The South Korean memory chip manufacturer recorded a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter, a stark contrast to the 2.58 trillion won loss in the same period last year. read more.....»»

Category: blogSource: benzingaApr 25th, 2024

Goldman Sachs Sees Resurgence In Debt Underwriting And Deal Activity, Q1 Profit Jumps 28%

On Monday, Goldman Sachs Group Inc. (NYSE:GS) reported revenue of $14.21 billion for the first quarter of 2024, beating the consensus of $12.92 billion. Sales increased 16% year over y.....»»

Category: earningsSource: benzingaApr 15th, 2024

Accton sees significant profit growth in 1Q20

Networking device maker Accton Technology has reported net profit surged 36% on year to NT$1.032 billion (US$34.48 million) in the first quarter of 2020, while revenues grew 5% to NT$11.724 billion......»»

Category: topSource: digitimesMay 15th, 2020

PCB maker Zhen Ding sees profit double in 1Q20

Flexible PCB specialist Zhen Ding Technology saw its net profit surge nearly 100% on year to NT$1.26 billion (US$42.2 million) in the first quarter of 2020 on revenues of NT$17.512 billion, with gross margins increasing 1.66pp to 17.63%......»»

Category: topSource: digitimesMay 12th, 2020

Telco SoftBank sees stable profit, offering Son respite from virus

SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier, as it continues to generate cash amid the coronavirus-induced economic downturn......»»

Category: topSource: reutersMay 11th, 2020

Japanese telco SoftBank sees full-year operating profit stable at $8.6 billion

Japanese telco SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier......»»

Category: topSource: reutersMay 11th, 2020

China Fortune Land Development Sees Steady Growth in 2019, with Revenue Exceeding RMB 100 Billion and Net Profit Increasing by 24.4% Year-On-Year

BEIJING, April 24, 2020 /PRNewswire/ -- According to the 2019 Annual Report released by China Fortune Land Development (CFLD, 600340.SH) on April 24, CFLD achieved steady growth over the past year, with profitability sustained and hi.....»»

Category: earningsSource: benzingaApr 24th, 2020

Small business website creator Wix.com sees 2020 revenue reaching almost $1B

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion......»»

Category: topSource: foxnewsFeb 20th, 2020

Small business website creator Wix.com sees 2020 revenue reaching almost $1M

Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion......»»

Category: topSource: foxnewsFeb 20th, 2020

Dow Jones Newswires: Airbus reports loss after corruption settlement

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Dow Jones Newswires: Airbus swings to loss in 2019 and sets 2020 guidance

Airbus said its full-year net loss was 1.36 billion euros ($1.48 billion) compared with a net profit of EUR3.05 billion in 2018......»»

Category: topSource: marketwatchFeb 13th, 2020

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion this year......»»

Category: topSource: reutersFeb 6th, 2020

Corning sees profit drop in 2019

Corning has reported its full-year 2019 revenues grew 2% annually to reach US$11.5 billion, while net income for the year arrived at US$960 million, falling 10% compared to 2018's US$1.07 billion......»»

Category: topSource: digitimesJan 29th, 2020

GSEO sees record 3Q19 profit

Optical lens module maker Genius Electronic Optical (GSEO) has reported third-quarter 2019 net profit reached NT$1.301 billion (US$42.6 million), hitting a record level and soaring 496.54% sequentially and 377.76% on year......»»

Category: topSource: digitimesNov 14th, 2019

Wiwynn sees revenues drop, gross margin rise in 3Q19

Wiwynn, a cloud computing server affiliate of Wistron, has reported third-quarter consolidated revenues of NT$33.35 billion (US$1.09 billion), down 31.3% on year with net profit of NT$1.37 billion and EPS of NT$7.84......»»

Category: topSource: digitimesNov 7th, 2019

Samsung sees profit improve sequentially in 3Q19

Samsung Electronics has reported KRW 62 trillion (US$53.37 billion) in consolidated revenues, rising 10.45% sequentially but dropping 5.28% on year. Its third-quarter 2019 operating profit came to KRW 7.78 trillion, up 17.8% but down 56.16% on year......»»

Category: topSource: digitimesOct 31st, 2019

Strike costs GM $3 bn in profit

The 40-day labor strike cost GM around $3 billion in profit this year, pushing the automaker to slash its earnings forecast. But as Fred Katayama reports, shares rose on its sales gain in the U.S.......»»

Category: videoSource: reutersOct 29th, 2019

Strike costs GM $3 billion in profit

The 40-day labor strike cost GM around $3 billion in profit this year, pushing the automaker to slash its earnings forecast. But as Fred Katayama reports, shares rose on its sales gain in the U.S.......»»

Category: topSource: moneycentralOct 29th, 2019

Zara-owner Inditex posts higher net profit, sees single-digit sales growth ahead

Spanish retailing giant Inditex says sales rose 7% to €12.82 billion, helped by growth in all brands and regions for the first half of the year......»»

Category: topSource: marketwatchSep 11th, 2019

Samsung sees profit plummet in 2Q19

Samsung Electronics, hit hard by a weak memory market, has posted KRW5.18 trillion (US$4.39 billion) in net profit for the second quarter of 2019, down sharply from KRW11.04 trillion for the same period of a year ago......»»

Category: topSource: digitimesJul 31st, 2019