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Tag: posts strong
CGI posts strong Q1 results
2014-01-29 22:23:20| IT Services - Topix.net
Revenue of $2.6 billion, up 4.4%; -- Bookings of $2.8 billion, or 106.5% of revenue; -- Backlog of $19.3 billion, up $972 million; -- Adjusted EBIT of $302.9 million, up 44.6%; -- Adjusted EBIT margin of 11.5%, up 320 basis points; -- Net earnings of $207.9 million or diluted EPS of $0.65 excluding integration costs; -- Net earnings of $189.8 ... (more)
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Microsoft posts record revenue, profits due to strong Xbox, Windows Phone, and enterprise sales
2014-01-24 15:22:29| Extremetech
Appearances can be deceiving: Despite its outwardly flailing demeanor, Microsoft has just announced record revenue and profits for Q2 2014 (calendar Q4 2013). On the back of strong Xbox One and 360 sales, and good growth by its commercial licensing divisions, Microsoft managed to bring in $24.5 billion in revenue and $8 billion profit. While Windows remained strong in the commercial/business sector, the consumer sector continues to see reduced demand (and thus revenue and profits. Microsoft continues to obfuscate the actual number of Surface tablets sold, but it did say that revenue and units sold doubled in the last quarter -- but sadly, so did the costs of selling those devices. Surface, for the second year running, is still a loss maker.
Tata posts strong revenue, profit growth as outsourcing market recovers
2014-01-16 20:48:01| IT Services - Topix.net
Tata Consultancy Services reported strong growth in revenue and profit in the fourth quarter, taking advantage of an improvement in key markets for offshore services like the U.S. and Europe.
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Bank of America posts strong profits
2014-01-15 15:54:45| BBC News | Business | UK Edition
Bank of America, the second largest US bank, reports a rise in fourth quarter profits, as credit conditions improve.
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Qualcomm posts strong Q3, gives cautious outlook
2013-11-07 08:40:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported another quarter of strong growth thanks to demand for its chips in smartphones. Revenues of USD 6.48 billion were up 33 percent year-over-year and 4 percent sequentially. Operating profit for its fiscal fourth quarter rose 29 percent from a year earlier to USD 1.59 billion, and net income for the three months to September increased 18 percent to USD 1.50 billion or 86 cents a share. After operating cash flow of USD 2.52 billion, the company finished the quarter with cash of USD 29.4 billion. Qualcomm said its MSM shipments rose 35 percent in the past quarter and 21 percent in the fiscal year. For the fiscal first quarter, it expects growth of 7-15 percent to 195-210 million units, and revenues up 5-15 percent year-on-year to USD 6.3-6.9 billion. The company forecast EPS slightly lower in the quarter, down 6-16 percent to USD 0.92-1.02, but expects growth of 9-14 percent over the full year. Overall, Qualcomm expects the mobile phone market to grow in calendar 2014 to around 1.26 billion units, from an estimated 1.10 billion this year.
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