Net Income
799 Stories
Analyst: Tardiness in SSD game hurt Seagate
News Hard-drive maker's impending closure of manufacturing facility in Singapore, which includes 2,000 layoffs, was in part due to its late adoption of solid-state drives.
Tags: Storage, Memory, Sales/revenue, Western Digital Corp., Manufacturing, Seagate Technology LLC, Singapore, net income, financial, analyst
Globe Telecom profit dips as customers spend less
News The Philippine telcommunication services provider says its 15 percent fall in earnings was also due to higher cost of maintaining its operations.
Tags: Mobile/Wireless, Business broadband, Personal broadband, Financial statements, Telecommunications, Wireless, Broadband, wireless revenue, stock exchange, net income
Yahoo plans layoff after profit plunges
News Several hundred employees will lose jobs in coming weeks as the online pioneer tries to change course.
Tags: Earning reports/forecasts, Layoffs, Yahoo! Inc., Internet Search Advertising, layoff, Advertisement, cost management, cost control, cost reduction, net income
Schmidt: Worst of recession over; Google hiring ahead
News Google CEO Eric Schmidt shares that worst of the recession is behind us and Google feels "confident about investing heavily in our future".
Tags: Internet advertising, Google Android, Google Inc., advertisement, revenue, mobile, Google Android, Investment, Wall Street, net income
Nvidia offers hope with Q2 results
News Nvidia said Thursday that its second quarter loss had narrowed from a year ago and offered hope things might turn around.
Tags: Processors, NVidia Corp., Quarter, GPU, Compensation, Cloud Computing, quarterly revenue, stock compensation, high-performance computing, net income
Oracle posts lower profits, revenue up 6 percent
News Oracle's support and maintenance business, and software sales give the company a revenue boost in its fiscal second quarter.
Tags: Business applications, Business plans, Sales/revenue, Revenue recognition, Software Sale, non-GAAP, software license, Sales, software license revenue, software
NetApp buys Data Domain for US$1.5B
News NetApp says it plans to work Data Domain's de-duplication storage systems--which aim to cut costs and make data management easier--into its own global sales channel.
Tags: Mergers, Data Management, Data centers, Domain, non-GAAP, GAAP, Storage, De-duplication, Sales, net income
STMicro reports quarterly loss, lays off 4,500
News The semiconductor manufacturer has announced the redundancies as part of a cost-cutting drive, but it is not yet clear how many cuts will take place in the United Kingdom.
Tags: Layoffs, Sales/revenue, Forecasting, Semiconductor, Quarterly Loss, Computer, layoff, Forecasting, semiconductor maker, STMicroelectronics
EMC to cut 2,400 from workforce
News Storage giant EMC announces a 7 percent global workforce reduction, despite preliminary record fourth-quarter revenues.
Tags: Layoffs, Budgeting/cost control, Storage, Virtualization, Workforce, EMC Corp., Back-office, net income, CEO, job
US govt investigating alleged Google chemical release
News The authorities are looking into "an alleged release of refrigerant" and accuracy of Google's related records, search giant discloses.
Tags: Green IT, Data centers, Google Inc., net income, DoubleClick Inc., SEC, data center, Green IT, Data centers
Apple soars past first-quarter earnings expectations
News Company seemed to buck the holiday slowdown trend during its first fiscal quarter, but provided its usual conservative outlook for the upcoming quarter.
Tags: Sales/revenue, Forecasting, Hardware, Apple Inc., Apple Macintosh, earnings per share, Forecasting, Thomson Corp., Apple iPod, net income
Oracle bucks economic trends; beats Q4 estimates
News Company earns US$2.3 billion on sales of US$6.9 billion, a 5 percent revenue drop, but still enough to beat Wall Street's estimates.
Tags: Financial, Software, software license, Sales, earnings per share, software license revenue, Sun Microsystems Inc., Software, Wall Street, net income
Red Hat: Customers less scared now
News Red Hat chief Jim Whitehurst says companies don’t see a depression on the horizon. However, Red Hat does have to spend more on sales and marketing to get more customers.
Tags: Red Hat Inc., JBoss, Jim Whitehurst, Sales, Wall Street, net income, marketing, billing, IT Cost, revenue
Europe Yahoo chief joins exodus
News Toby Coppel is expected to announce he is stepping down from his position as executive vice president and managing director of Europe and Canada.
Tags: Domain names, Internet advertising, Product development and design, Microsoft Corp., Yahoo! Inc., Europe, layoff, Toby Coppel, product development, net income
Despite net loss, Yahoo beats the Street
News The Internet pioneer reports a net loss, but excluding various charges, it beats out Wall Street expectations. New CEO Carol Bartz steers people toward the bright side.
Tags: Sales/revenue, Forecasting, Recruiting, Acquisitions, Microsoft Corp., Google Inc., Yahoo! Inc., Forecasting, net income, CEO
