LG today announced that after two consecutive quarters of net losses, the company has turned the corner with a net profit of KRW 243 billion (USD 214.9 million). Unaudited consolidated financial results, based on IFRS (International Financial Reporting Standards) for the quarter ending March 31, 2012, showed consolidated revenues of KRW 12.2 trillion (USD 10.8 billion)...
Tag Archives: Q1 2012
The US mobile carrier AT&T has just posted its Q1 2012 earnings. The carrier’s total consolidated revenue of $31.8 billion represented a two percent increase year-over-year, while the wireless side added 726,000 new wireless subscribers, of which 187,000 were postpaid wireless subscribers. Total wireless revenues were up 5.4 percent year-over-year to $16.1 billion;...
Global commerce platform and payments leader eBay has reported that revenue for the first quarter ended March 31, 2012, increased 29% to $3.3 billion, compared to the same period of 2011. The company reported first quarter net income on a GAAP basis of $570 million, or $0.44 per diluted share, and non-GAAP net income of $725 million, or $0.55 per diluted share. The year-over-year...
Nokia has just posted its Q1 2012 financial reports, noting an operating loss of €1.3 billion that led to a net loss of €590 million for the period. The company earlier warned that it would not be able to maintain its earlier forecast resulting into huge damage. Nokia sold 11.9 million smart devices during Q1, which is less than half of the 24.9 million it achieved...
With the three biggies – Intel, IBM and Yahoo recently revealed their quarter results – commentaries begins, different analysts putting up their point of view on who had gain and who had lost. Intel had reported quarterly revenue of $12.9 billion, operating income of $3.8 billion, net income of $2.7 billion and EPS of $0.53. The company generated approximately $3.0...
Yahoo has reported results for the first quarter ended March 31, 2012. Revenue excluding traffic acquisition costs was $1,077 million for the first quarter of 2012, a 1 percent increase from the first quarter of 2011. Income from operations decreased 11 percent to $169 million in the first quarter of 2012, compared to $190 million in the first quarter of 2011. GAAP revenue...
IBM has announced its first-quarter 2012 results with diluted earnings of $2.61 per share, compared with diluted earnings of $2.31 per share in the first quarter of 2011, an increase of 13 percent. Operating (non-GAAP) diluted earnings were $2.78 per share, compared with operating diluted earnings of $2.41 per share in the first quarter of 2011, an increase of 15 percent. First-quarter...
With the expectation quite high of Wall Street over on Intel Q1 revenue, the company has fulfilled what it aims to. The company has reported quarterly revenue of $12.9 billion, operating income of $3.8 billion, net income of $2.7 billion and EPS of $0.53. The company generated approximately $3.0 billion in cash from operations, paid dividends of $1.0 billion and used...
