earnings Stories January 6
earnings Stories October 27, 2016
Ahead of its conference call, Alphabet has just published its Q3 2016 earnings. The company is reporting revenue of $22.4 billion, up from $18.6 billion last year in the same quarter. Additionally, the company reports a net income of $5.7 billion for the June-September quarter of 2016. Based on these results, Alphabet slightly beat analyst expectations, but the stock is down in after-hours trading.
LG Electronics has just reported its Q3 2016 earnings with profits falling over 50% from the previous quarter due to declining sales and operating losses from the mobile division. Year-over-year, operating profit fell only 3.7% due to the strong performance of their home appliance unit.
earnings Stories July 28, 2016
Ahead of its results call, Alphabet has published earnings for the second quarter of 2016. The company is reporting revenue of $21.5 billion, up from $17.7 billion last year in the same quarter, and has surpassed analyst expectations. Additionally, the company reports a net income of $5.9 billion for the second quarter of 2016. Based on these results, Alphabet stock is up over 27 percent in after-hours trading.
earnings Stories May 26, 2016
Lenovo has now published its financial earnings report for the final quarter of its 2015/16 fiscal year, ending in March. Highlights for the Hong Kong-based company include full year revenue of $44.9 billion, with Q4 revenue of $9.1 billion, which is down 19% on the same quarter last year. On the whole, it was a fairly uneventful quarter, but Lenovo recognizes its bid to bring in Motorola hasn’t gone as smoothly as planned.
earnings Stories May 9, 2016