je.st

Home › profit slips

Tag: profit slips

Japan's SoftBank third quarter operating profit slips 5.9 percent as Sprint costs weigh

2015-02-10 08:21:04| Telecom - Topix.net

Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.

Tags: costs operating percent profit

Microsoft profit slips as revenues get boost from cloud

2015-01-27 09:20:00| Telecompaper Headlines

(Telecompaper) Microsoft revenue for the quarter to December rose to USD 26.5 billion from 24.5 billion the year before, with particularly strong growth again from commercial cloud services. Operating profit slipped to USD 7.8 billion from 7.97 billion, and diluted earnings per share went a bit lower to USD 0.71 from 0.78 the year earlier. The results include USD 243 million worth of integration and restructuring costs, or a USD 0.02 per share negative impact, related to both Microsoft's restructuring plan announced in July and the ongoing integration of the Nokia phone business. Devices and Consumer revenue grew 8 percent to USD 12.9 billion, led by Surface tablet revenue up 24 percent to USD 1.1 billion. Phone Hardware revenue reached USD 2.3 billion, with 10.5 million Lumia units sold. Office 365 Home and Personal subscribers increased to over 9.2 million, up 30 percent from the previous quarter. Xbox console sales totaled 6.6 million units, after a strong holiday season performance. Commercial revenue grew 5 percent to USD 13.3 billion, driven by commercial cloud revenue surging 114 percent from the year before, with an annualised revenue run rate of USD 5.5 billion.

Tags: microsoft profit cloud boost

CIBC quarterly profit slips 2% on capital markets; raises payout

2014-12-04 13:27:24| Grocery - Topix.net

Canadian Imperial Bank of Commerce's profit slipped in the fourth quarter, largely because of weaker capital markets earnings, but earnings were in line with analyst expectations. The bank reported net income of $811-million, down 1.7 per cent from the year prior.

Tags: capital profit markets quarterly