Verizon Earnings Q3 2014

Verizon misses estimates in Q3, adds 1.5 million net retail customers

By on October 21, 2014 at 7:45 AM.

Verizon misses estimates in Q3, adds 1.5 million net retail customers

Verizon on Tuesday posts mixed earnings results for the third quarter. The nation’s top carrier reported earnings of $0.89 per share, missing analysts’ EPS consensus of $0.92, but revenue was up 4.3% sequentially to $31.6 billion, narrowly topping the Street’s estimate of $31.57 billion. Verizon said it added more than 1.53 million net new retail subscribers, including 1.52 million postpaid customers. The carrier’s total retail connection count rose more than 5% to 106.2 million. More →

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Apple Earnings Q4 2014

Apple crushes estimates with record Q4 profit on $42.12B in revenue

By on October 20, 2014 at 4:31 PM.

Apple crushes estimates with record Q4 profit on $42.12B in revenue

Apple shares have dipped along with the rest of the market over the past few days, though things certainly picked up during Monday’s session ahead of Apple’s fiscal fourth-quarter earnings report; shares closed at $99.76 on Monday, up 2.14%. The iPhone 6 and iPhone 6 Plus were on sale for just 12 days in the September quarter, but Wall Street is still expecting the launch to impact Apple’s results in a huge way. Of course, that notion obviously isn’t very far-fetched, considering Apple sold more than 10 million new iPhones just through the end of their first weekend on sale. More →

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HTC Earnings Q3 2014

HTC manages $21 million Q3 profit, but revenue continues to slide

By on October 3, 2014 at 7:45 AM.

HTC manages $21 million Q3 profit, but revenue continues to slide

HTC on Friday announced unaudited financial results that showed an 8% decline in revenue in September, but the company still managed to eke a third-quarter profit as cost-cutting measures continue to boost HTC’s bottom line. After a massive 33% on-year revenue decline in July was reversed with solid 10% sales growth in August, September saw HTC swing back to a decline as revenue fell to NT$16.7 billion ($549 million USD) from NT$18.2 billion in the same quarter last year.

HTC’s total third-quarter revenue fell 11% on year to NT$41.9 billion. More →

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BlackBerry Earnings Q2 2015

BlackBerry reports $11 million Q2 loss, crushes Wall Street’s estimates

By on September 26, 2014 at 7:15 AM.

BlackBerry reports $11 million Q2 loss, crushes Wall Street’s estimates

BlackBerry on Friday reported earnings for the fiscal second quarter of 2015, crushing Wall Street’s estimates and sending the stock soaring in pre-market trading on Friday. The struggling mobile pioneer couldn’t quite swing to a profit in the second quarter, posting a non-GAAP loss of $11 million, or $0.02 per share. Wall Street had expected a much larger loss of $0.16 per share, however, and BlackBerry’s stock shot up more than 8% as a result. More →

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T-Mobile Earnings Q2 2014

T-Mobile swings to Q2 profit, adds 1.5 million net customers

By on July 31, 2014 at 7:15 AM.

T-Mobile swings to Q2 profit, adds 1.5 million net customers

T-Mobile on Thursday morning reported solid second-quarter earnings that sent the stock climbing in pre-market trading. The company says it led the industry in a number of key areas including service revenue growth (7.1%), total revenue growth (8%), branded postpaid net subscriber additions (579,000) and branded prepaid net subscriber additions (102,000). Total net customer additions in the June quarter totalled an impressive 1.5 million, which included more than 1 million total branded net customer additions. More →

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Nintendo Earnings Q1 2015

Wii U drags Nintendo into $97 million Q1 loss

By on July 30, 2014 at 7:15 AM.

Wii U drags Nintendo into $97 million Q1 loss

Nintendo’s struggles continued in the first quarter of fiscal 2015, as relatively poor Wii U sales and high costs resulted in yet another loss for the struggling video game giant. Nintendo on Wednesday reported a June-quarter loss of 9.92 billion yen, or $97.3 million, compared to an 8.6 billion yen profit in the same quarter last year. Revenue totalled 74.7 billion yen, or roughly $732.3 million, in the quarter, which represents an 8% decline from the year-ago quarter. More →

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LG Earnings Q2 2014

Flagship G3 drives record smartphone sales for LG

By on July 24, 2014 at 6:30 PM.

Flagship G3 drives record smartphone sales for LG

BGR recently reviewed LG’s new flagship G3, which just launched last week in the United States. We called the phone Android’s new king, supplanting Samsung’s lackluster Galaxy S5, which has been something of a disappointment for many consumers and for Samsung’s bottom line. While LG has a long way to go before it catches up to Samsung in terms of shipments, the company on Thursday reported record smartphone sales for the second quarter. More →

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AT&T Earnings Q2 2014

AT&T beats estimates in Q2, adds 700,000 net new smartphone subscribers

By on July 23, 2014 at 4:05 PM.

AT&T beats estimates in Q2, adds 700,000 net new smartphone subscribers

Following the solid quarter Verizon posted on Tuesday, AT&T on Wednesday reported its results for the second quarter. Wall Street was expecting a slight on-year decline in EPS, with consensus earnings of $0.65 seen on revenue totaling $33.22 billion, an improvement over the $32.1 billion in sales it posted in the June quarter last year. The numbers are now in, and AT&T beat expectations, having reported earnings of $0.68 per share on revenue of $32.6 billion. More →

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Apple Earnings Q3 2014

Apple posts monster Q3 profit on $37.43B in revenue, beats estimates

By on July 22, 2014 at 4:31 PM.

Apple posts monster Q3 profit on $37.43B in revenue, beats estimates

Apple’s stock has been soaring lately, up more than 24% over the past three months. Shares took off in late April when Apple announced a 7-for-1 split that would take place in early June, and the stock has kept climbing gradually ever since, inching closer to an all-time high that now sits just north of $100 after adjusting for the split. And if Apple managed the blowout quarter some industry watchers are expecting it to report on Tuesday afternoon, $100 might not be far behind. More →

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MIcrosoft Earnings Q4 2014

Microsoft misses Q4 estimates with earnings of $0.55 per share on $23.38 billion in sales

By on July 22, 2014 at 4:04 PM.

Microsoft misses Q4 estimates with earnings of $0.55 per share on $23.38 billion in sales

Microsoft posted strong fiscal third-quarter earnings back in April, which helped carry the positive sentiment we’ve seen since Satya Nadella took over as CEO. Shares are now up about 12% over the past 12 months, having been given an extra boost when news leaked that Microsoft plans to eliminate 18,000 jobs, 12,500 of which will come from the Nokia devices and services business that Microsoft acquired recently. More →

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Verizon Earnings

Verizon reports solid Q2 results as tablets offset slowing smartphone sales

By on July 22, 2014 at 7:50 AM.

Verizon reports solid Q2 results as tablets offset slowing smartphone sales

Verizon on Tuesday posted second-quarter results that topped Wall Street’s expectations as huge tablet sales offset the continued decline of cell phone contract additions. Verizon posted earnings of $1.01 per share, or $4.34 billion in profit, which is down significantly from the $5.2 billion profit it recorded in the year-ago quarter. Revenue climbed nearly 6% to $31.48 billion, however. The nation’s top carrier only added 304,000 net new cell phone subscribers in the quarter, but 1.15 million new tablet additions certainly helped to bolster the company’s results. More →

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Samsung Earnings Q2 2014

Samsung’s Q2 profit plummets to two-year low; stock climbs

By on July 8, 2014 at 6:50 AM.

Samsung’s Q2 profit plummets to two-year low; stock climbs

Samsung on Tuesday morning reported unaudited financial results for the second quarter that badly missed analysts’ estimates. The company said that it expects second-quarter operating profit to fall to 7.2 trillion won, or approximately $7.1 billion, versus analysts’ expectations of 8.6 trillion won. That figure marks a massive 24% decline from the year-ago quarter. Samsung also said that it expects June-quarter revenue to decline 10% to 52 trillion won, or approximately $51.4 billion. More →

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HTC Earnings Q2 2014

HTC returns to profit in Q2 as steep climb begins

By on July 3, 2014 at 8:15 PM.

HTC returns to profit in Q2 as steep climb begins

Thanks in part to sales of its flagship HTC One (M8) smartphone, HTC has delivered on its promise and returned to profit in the second quarter. The struggling handset maker on Thursday reported preliminary unaudited financial results for the June quarter, noting a narrow $75 million profit on revenue totalling just under $2.2 billion. The good news is that the company finally managed to return to a profit, but the bad news is that revenue is still sliding. In other words, sales are still sputtering but HTC’s recent cost-cutting measures have had a clear impact. More →

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