Items tagged with revenue
You might not know it by looking at AMD's stock price this morning (more on that later), but the company is coming off its biggest-performing quarter, with third-quarter revenue tallying $6.8 billion. That's an 18% increase year-over-year and a 17% jump sequentially. This led to a monster gain in net income (profit)...
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NVIDIA's stock price is surging (again) in pre-market trading hours in reaction to the company posting its latest earnings report and future outlook. For NVIDIA's fiscal first quarter for the three-month period ended April 30, 2023, the GPU firm's revenue hit $7.19 billion, which is down 13 percent from a year ago but...
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Investors are upbeat following NVIDIA's fourth quarter and fiscal 2023 financial results, with the company's share price surging after it beat out Wall Street's expectations. That's a despite a 21 percent year-over-year drop in quarterly revenue to $6.05 billion and a massive 46 percent decline in gaming revenue to...
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AMD didn't quite meet its revenue target for its fiscal third quarter of 2022, though it did still manage to post a 29 percent year-over-year gain to $5.6 billion. Half of that ($2.3 billion) was recorded as a profit, which is a gain of 13 percent from the same quarter a year ago. In a statement, AMD CEO Dr. Lisa Su...
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A lot of companies would be pleased as punch to generate $13.5 billion in any given three-month period. But there's only one Intel, and that figure represents a 20 percent year-over-year decline in third-quarter revenue, which the company attributed to a challenging economy and weakening PC demand as the world...
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AMD shared a preliminary accounting of its third quarter revenue, which it now projects to be $5.6 billion. That's a $1.1 billion downward adjustment compared to its previous guidance of $6.7 billion (plus or minus $200 million). AMD CEO Dr. Lisa Su attributed the $1.1 billion guidance miss primarily on a...
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The lingering GPU shortage is frustrating for people who play games on PC, because graphics cards are just so hard to come by—they're either always out of stock, or selling for grossly inflated prices set by marketplace sellers. In case you were wondering, however, NVIDIA is doing just fine. More than just fine...
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Another quarter is in the books for Google, which this time around was worth $17.7 billion in revenue, an 11 percent increase compared to the same period a year ago. After deducting traffic acquisition costs (TAC), Google was left with $14.35 billion in revenue, a figure that's millions of dollars higher than analysts...
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Intel on Thursday warned investors that its first-quarter revenue is likely to be $900 million lower than previously forecast as it weathers weaker than expected sales of business PCs. As a result, Intel now expects to record Q1 revenue of $12.8 billion, plus or minus $300 million, compared to its previous...
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Life can be a whole easier when you find the right partner. That's true in business as well -- just look at Motorola Mobility and the recent success it's had under Lenovo's leadership. According to Lenovo's financial report for its third fiscal quarter ended December 31, 2014, Motorola Mobility's device shipments are...
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More than a quarter of LG Electronics' total revenue came from selling smartphone devices, the company announced today. Top dogs like Samsung and Apple would be wise to keep an eye on LG, which increased its smartphone shipments in North America by 78 percent year-over-year during the fourth quarter of...
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Samsung may have been disappointed that it wasn't able to sell as many Galaxy S5 devices as initially thought, but it's Galaxy Note 4 phablet picked up the slack, helping the company's IT & Mobile Communications unit see a boost in earnings. The South Korean electronics company also credited its more efficient...
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BlackBerry took Wall Street by surprise this morning by posting an adjusted third-quarter operating profit, a sign that its comeback strategy and restructuring efforts might be on the right track. However, BlackBerry's revenue tumbled 34 percent year-over-year to $793 million, highlighting the uphill battle that...
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Verizon is putting its brave face on and remaining positive about future growth opportunities as it deals with increasingly aggressive competitors in the wireless space. Without feeding the media and analysts too much real data to chew on, Verizon spoke in vague terms, saying that it sees "strong momentum for wireless...
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Sprint is planning to reduce its workforce by approximately 2,000 employees, or 6.5 percent, a move the company says will save $400 million annually on labor costs. Unfortunately that is what is has come to for Sprint -- looking for ways to cut costs following a dismal quarter underscored by an operating loss of $192...
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It's a good thing Sony's PlayStation 4 game console is selling so well, because if it weren't, the company would find itself posting an even bigger loss for its fiscal second quarter ended September 30, 2014. As it stands, Sony reported a $1.25 billion net loss for the quarter and is on pace to lose a whopping $2.1...
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T-Mobile, the nation's fourth largest wireless carrier, closed out its best quarter ever of branded postpaid net additions, which totaled 1.4 million. Branded prepaid net additions more than doubled quarter-over-quarter to 1.2 billion, with T-Mobile adding a combined 2.3 million customers during Q3. In the past six...
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Despite the many doom and gloom predictions in the PC market, worldwide system shipments during the third quarter didn't fall as much as expected (only minus 1.7 percent, according to IDC). Partially as a result, hard drive maker Seagate Technology performed better than expected during the company's first quarter of its fiscal year 2015 ended...
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Amazon came up short of analysts' expectations for its fiscal third quarter of 2014. The e-tailer saw its sales increase 20 percent to $20.58 billion, compared with $17.09 billion in the same quarter a year ago, though the firm also posted an operating loss of $544 million, compared with an operating loss of $25...
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Regarding Apple's financial performance during its fiscal fourth quarter ended September 27, 2014, go ahead and choose whichever adjective floats your boat -- smashing, awesome, fantastic, and the list goes on. By the numbers, it was another record period with Apple collecting $42.1 billion in revenue to the tune of...
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T-Mobile has no problem calling out other wireless carriers and pointing out their flaws in candid language, but if you're going to do that, you make yourself a target for criticism. There will be none of that at the moment. Just the opposite, T-Mobile said it added 1.5 million customers during its fiscal second...
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Nintendo can't seem to catch a break. The game hardware and software maker reported 74.7 billion yen (~$730.5 million) in revenue during the three-month period ended June 2014, down 8.4 percent compared to the same quarter a year ago. And despite tripling Wii U console sales during the quarter, Nintendo ended up with...
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