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Tag: quarterly profits
Qualcomm quarterly profits fall short of target, sees bigger drop in Q3
2020-04-30 08:05:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported net earnings for its fiscal second quarter to March down 25 percent year-on-year to USD 0.41 per share. The company said demand for mobile handsets was 21 percent below its forecast due to the impact of the Covid-19 pandemic. The chipmaker expects an even bigger shortfall of 30 percent in the third quarter to June.
Lenovo quarterly sales flat, profits up on premium PC growth
2020-02-20 08:57:00| Telecompaper Headlines
(Telecompaper) Lenovo reported sales unchanged year-on-year for its fiscal third quarter to December, at USD 14.1 billion. Operating profit was still up 12 percent to USD 488 million, thanks to strength in premium PCs and profitability at its mobile business. Net profit increased 11 percent to USD 258 million. The company said it was seeing some impact on its supply chain and production due to the coronavirus outbreak, but would leverage its global footprint to minimise the effect on results.
Tags: sales
premium
growth
flat
Lenovo doubles quarterly profits on cost cuts, strong PC sales
2019-08-15 09:00:00| Telecompaper Headlines
(Telecompaper) Lenovo nearly doubled its operating profit in the fiscal first quarter to June, thanks to improved profitability across all its divisions. Revenues were up 5 percent to USD 12.5 billion, driven by the PC business, and the net profit rose to USD 162 million from USD 77 million a year ago.
Tags: sales
cost
strong
quarterly
Microsoft grows quarterly profits 20% as Azure revenues jump 73%
2019-04-25 08:44:00| Telecompaper Headlines
(Telecompaper) Microsoft reported another strong quarter of results driven by its cloud business. Revenue for the fiscal third quarter to March rose 14 percent to USD 30.6 billion, and operating profit was up 25 percent to USD 10.3 billion. Net profit increased 19 percent to USD 8.8 billion, and the EPS rose 20 percent to USD 1.14.
Tags: jump
microsoft
quarterly
profits
Lenovo quarterly profits up as Motorola reaches breakeven
2018-11-08 08:57:00| Telecompaper Headlines
(Telecompaper) Lenovo reported a strong improvement in results for its fiscal second quarter, supported by a return to breakeven at Motorola and continued growth in the PC business. Group revenue reached USD 13.4 billion, up 14 percent year-over-year, and operating profit more than tripled, to USD 290 million from USD 88 million a year ago. The net profit increased 21 percent to USD 168 million, and Lenovo proposed a stable interim dividend of HKD 0.06 per share.
Tags: motorola
quarterly
profits
reaches