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Tag: revenues
HP quarterly revenues fall 7%
2015-05-22 09:24:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal second quarter to April down 7 percent year-on-year to USD 25.5 billion. Excluding currency effects, revenue was down just 2 percent, hurt by a slowdown in the business PC and enterprise services market. Adjusted EPS fell 1 percent to USD 0.87, in line with the company's outlook of 84-88 cents, and reported EPS was down 17 percent to USD 0.55, slightly below the guidance of 55-61 cents a share. Operating cash flow halved compared to the year-earlier period to USD 1.5 bilion. Profits were hurt by USD 585 million or 32 cents a share in one-time charges for restructuring and the planned separation of the PC and printer business into a new company, which HP said remains on track. The company also named Cathie Lesjak as CFO of the spin-off company, while Tim Stonesifer will become CFO of Hewlett Packard Enterprise and Chris Hsu COO at Hewlett Packard Enterprise. For fiscal Q3, HP forecast adjusted EPS of USD 0.83-0.87 and reported EPS of USD 0.50-0.54. The company maintained its full-year outlook, which was reduced already earlier this year due to the strength in the US dollar.
Tags: fall
quarterly
revenues
quarterly revenues
HP quarterly revenues fall 7%
2015-05-22 08:58:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal second quarter to April down 7 percent year-on-year to USD 25.5 billion. Excluding currency effects, revenue was down just 2 percent, hurt by a slowdown in the business PC and enterprise services market. Adjusted EPS fell 1 percent to USD 0.87, in line with the company's outlook of 84-88 cents, and reported EPS was down 17 percent to USD 0.55, slightly below the guidance of 55-61 cents a share. Operating cash flow halved compared to the year-earlier period to USD 1.5 bilion. Profits were hurt by USD 585 million or 32 cents a share in one-time charges for restructuring and the planned separation of the PC and printer business into a new company, which HP said remains on track. The company also named Cathie Lesjak as CFO of the spin-off company, while Tim Stonesifer will become CFO of Hewlett Packard Enterprise and Chris Hsu COO at Hewlett Packard Enterprise. For fiscal Q3, HP forecast adjusted EPS of USD 0.83-0.87 and reported EPS of USD 0.50-0.54. The company maintained its full-year outlook, which was reduced already earlier this year due to the strength in the US dollar.
Tags: fall
quarterly
revenues
quarterly revenues
Pall Corp. revenues dip, earnings per share rise
2015-05-22 08:16:40| Industrial Machines - Topix.net
On May 13, 2015, Port Washington-based Pall Corp. agreed to be acquired by Danaher Corp. in a $13.8 billion deal. Photo Credit: Barry Sloan On May 13, 2015, Port Washington-based Pall Corp. agreed to be acquired by Danaher Corp. in a $13.8 billion deal.
Tags: share
rise
corp
earnings
IPTV revenues in Canada up 39% in 2014
2015-05-21 20:10:45| Digital TV News
The Canadian Radio-television and Telecommunications Commission has released data on Canada's broadcast distribution companies. Overall, these companies' revenues increased 1.5% from $8.8 billion in 2013 to $8.9 billion in 2014.
Revenues up 20% at China's Lenovo
2015-05-21 09:17:51| BBC News | Business | UK Edition
China's Lenovo, the world's biggest personal computer maker, said its revenues rose 20% in the year to March, but profits grew by just 1%, missing expectations.
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