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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.....»»
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.....»»
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......»»
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%......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.......»»
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.......»»
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......»»
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......»»