Fujitsu Announces Q1 Results: Consolidated Net Loss Of $300 Million, Operating Loss Of $316 Million, Net Sales Of $12.12 Billion

Posted on Jul 30 2012 - 5:42am by Editorial Staff

Fujitsu, a Japanese multinational information technology equipment and services company reported its first quarter earnings with a consolidated net loss of 23.7 billion yen ($300 million). First quarter consolidated net sales totaled 957.3 billion yen ($12.12 billion), a decline of 2.9% from the corresponding period of the previous fiscal year. The company recorded an operating loss of 25.0 billion yen ($316 million), representing a deterioration of 7.9 billion yen compared to the first quarter of fiscal 2011. The company also recorded a loss of 24.9 billion yen in income before income taxes and minority interests, a year-on-year improvement of 1.4 billion yen.

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