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LG reports second straight loss in Q4  LG Electronics on Wednesday posted its second consecutive quarterly loss despite record flat-panel TV shipments and solid performance from its mobile handset division. The South Korea-based electronics vendor recorded revenue of KRW 13.81 trillion, or approximately $12.05 billion USD, in the fourth quarter of 2011 along with an operating profit of KRW 23 billion, or about $20 million USD. Includin [..] |
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Majesco reports $6.6 million loss for 2009 
Majesco has just released the financial data for its fiscal 2009, which ended October 31, 2009. The company posted revenues of $23.9 million in the three months ending October 31, 2009, a significan [..] |
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EA reports Q4 loss (but yearly revenue's up 15%!) 
Electronic Arts - still vigilantly "managing costs" says CFO Eric Brown following the restructuring plan - reported a $42 million loss and revenues down $267 million for the Q4 fiscal period, ending March 31. While that may sound pr [..] |
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| Travelzoo Reports Q1 Loss, Shares Fall Web travel site Travelzoo (TZOO) missed even Wall Street's lowered expectations for earnings, turning in a loss of $0.08 per share, compared to a $0.25 profit in the same quarter last [..] |
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| HTC reports record sales for fourth straight month in July HTC on Friday reported record sales for the fourth consecutive month, though the Taiwan-based smartphone vendor’s growth did slow significantly in July. Following revenues of NT$38.7 in April, NT$40.6 billion in May and NT$45 billion in June, HTC pulled in NT$45.11 billion ($1.56 billion) last month to set a company record yet again. Continued strong demand for HTC’s Android smartphone [..] |
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| Sony reports record annual loss of $5.7 billion Sony on Thursday reported a net loss of $3.2 billion in the fourth quarter of 2011 to close its fourth straight year in the red. The electronics and entertainment giant struggled throughout the year, reporting an annual loss of $5.7 billion, the worst in the company’s 66-year history. Sony’s factories and supply chains were plagued by last year’s earthquake and tsunami in Japan a [..] |
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| Sprint Nextel reports larger loss in 1st-qtr
(AP) AP - Wireless carrier Sprint Nextel says it had a larger first-quarter loss as it continued to lose valuable monthly subscribers and had to pay for severance charges and other costs. YahooTechNews [..] |
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Sprint reports smaller loss than usual in Q3 earnings  Sprint just released earnings for Q3, and while the company managed to add their best ever amount of net new wireless subscribers ? 1.3 million ? Sprint still lost 44,000 subs. Sprint’s postpaid ARPU has grown by $1 sequentially and $3 year-over-year as well. Sprint still didn’t make money this quarter, though, with a reported net loss of $301 million, down from a net loss of $911 mill [..] |
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THQ reports $431.1 million loss, blames WWE and kids games 
Things are looking quite grim at beleaguered publisher THQ. During today's investor relations conference call, the company reported a 19 percent decrease in net sales for the fiscal year ending March, 31 2009. In dollars, net sales totale [..] |
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Sprint reports big Q2 loss as it sheds 101,000 postpaid subs  Sprint on Thursday reported greater than expected losses in the second quarter despite modest revenue growth. The nation’s No. 3 carrier pulled in $8.3 billion in its June quarter, up 4% from the same quarter a year prior, but it wasn’t enough to bring the company back into the black. Sprint’s net losses in the second quarter totalled $827 million, 11% worse than the $760 million [..] |
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| AT&T ranks worst in Consumer Reports carrier satisfaction survey for second straight year AT&T has again received the lowest rating in Consumer Reports’ annual wireless carrier customer satisfaction survey. Verizon Wireless won the top spot and its customers were most satisfied with its data service and staff knowledge. Verizon was followed by Sprint and T-Mobile USA. ?Our survey indicates that subscribers to prepaid and smaller standard-service providers are happiest overall [..] |
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| Acer reports first quarterly loss in company history as slump continues Acer reported its second-quarter results on Wednesday and revealed its first ever quarterly loss. The company recorded a net loss of NT$6.79 billion, versus Wall Street estimates that the firm would report a NT$3.3 billion loss. The poor performance was blamed on Acer’s focus to clear up “excessive inventory” and on severance payments that were provided to executives who left the [..] |
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| Nokia reports huge ?1 billion Q4 loss, says over 1 million Lumia phones sold Nokia on Thursday reported earnings for the fourth quarter of 2011, revealing its third straight quarterly loss. The company saw revenue slide 21% year-over-year to ?10 billion, and profit dropped from ?884 million in the fourth quarter 2010 to a ?954 million operating loss last quarter. Smartphone revenue dipped 38% compared to the same quarter in 2010 to ?2.75 billion, and mobile phone sales wer [..] |
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LG reports record Q4 loss, record drop in annual profit  Try as it may, 2010 is a year that LG Electronics will not soon forget. The struggling electronics giant on Wednesday reported its fourth quarter earnings and put the cap on its worst year on record. The company posted a fourth-quarter net loss of 256.4 trillion won compared to profits of 361.9 billion won in the fourth quarter of 2009. Operating profit for the full year was down 93% to 176.4 bill [..] |
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