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Nintendo's quarterly profit slips 36 percent on lower sales
2016-02-02 11:03:29| Electronics - Topix.net
In this July 13, 2015, file photo, shoppers move on an escalator under Nintendo's Super Mario characters at an electronics store in Tokyo. Nintendo Co.
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Nintendo Profit Falls 36% on Lack of Hit Games, Currency
2016-02-02 11:03:28| Electronics - Topix.net
Nintendo Co. reported a 36 percent fall in third-quarter profit after a lack of hit game titles hurt holiday sales of its Wii U and 3DS hardware and the absence of currency windfalls that boosted the year earlier.
Google revenue, profit hike drives strong Q4 for Alphabet
2016-02-02 01:00:00| Total Telecom industry news
Internet company splits out financials for its core operations as well as 'Other Bets'.
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Ryanair Doubles Quarterly Profit, Announces $868 Million Buyback
2016-02-01 12:55:42| Airlines - Topix.net
Ryanair Holdings Plc doubled fiscal third-quarter earnings as passenger numbers surged and said it will return 800 million euros to investors via a share-buyback program. Profit after tax increased to 103 million euros in the three months ended Dec. 31 from 49 million euros a year earlier, aided by a 25 percent surge in passenger numbers to 20 million, Dublin-based Ryanair said Monday.
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MediaTek profit down sharply as sales slow
2016-02-01 08:51:00| Telecompaper Headlines
(Telecompaper) MediaTek reported fourth-quarter revenues of TWD 61.71 billion, up 8.3 percent sequentially and 11.3 percent higher year-over-year. The increase was mainly due to the takeover of Richtek and a better mix of products for high-end consumer electronics, the company said. Annual revenue was flat at TWD 213.26 billion in 2015. MediaTek's gross margin fell to 38.5 percent in Q4, down 4.2 percentage points sequentially and 9.4 points lower year-over-year due to the tough competition and slowing sales in the smartphone market. Net profit fell 59.8 percent from a year earlier to TWD 2.18 billion, and EPS dropped to TWD 2.83 from TWD 6.65 in the year-ago quarter. MediaTek still increased operating cash flow strongly in the period, to TWD 18.16 billion from TWD 10.40 billion in Q4 2014.
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