financial results

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News

  • Samsung expects big drop in first-quarter profits

    Samsung Electronics expects first quarter profits to drop by more than 30 percent, marking the sixth straight quarterly decline at the company, which is struggling to compete with Apple at the top of the smartphone market.

    Written by Martyn Williams07 April 15 10:15
  • BlackBerry shocks with Q4 profit but CEO Chen can't stop sales slide

    BlackBerry surprised Wall Street by getting its bottom line back into the black in the fourth quarter, but sales shrunk significantly again, putting in question CEO John Chen's assertion that the company's turnaround is on track.

    Written by Mikael Ricknäs28 March 15 01:02
  • Ellison swings at Salesforce as Oracle's growth sputters

    Oracle expects to generate more than US$1 billion in new SaaS and PaaS business in 2015, putting it toe-to-toe in the cloud market with Salesforce.com, Oracle's top executives said Tuesday.

    Written by Katherine Noyes18 March 15 10:27
  • Cisco posts revenue gains, vows to beat VMware's network software

    Cisco Systems posted quarterly revenue and profit gains that included growth for its software-defined networking products, and Chairman and CEO John Chambers used the occasion to lay down the gauntlet to SDN rival VMware.

    Written by Stephen Lawson12 Feb. 15 11:50
  • Citrix's 900 job cuts seen as 'defensive' move

    Citrix Systems announced better than expected financial results for the last quarter but also a restructuring plan that will see 900 jobs being cut.

    Written by Katherine Noyes30 Jan. 15 11:05
  • Google misses with Q4 sales and earnings

    Google disappointed Wall Street with its fourth quarter results, missing expectations for both sales and earnings, and growing its advertising business more slowly.

    Written by Zach Miners30 Jan. 15 08:55
  • EMC plans layoffs in wake of weakened outlook

    Storage giant, EMC, will soon start handing out pink slips as part of a new restructuring effort prompted by a weakened financial outlook.

    Written by Katherine Noyes30 Jan. 15 06:27
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