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Tufco Technologies posts 4Q loss on impairment
2014-01-02 20:10:37| Paper - Topix.net
Tufco Technologies Inc. , a Green Bay-based contract manufacturer of wet and dry wipes converting and provider of business imaging services, said its 2013 fourth-quarter sales were $22 million, 24 percent less than it reported for the 2012 fourth quarter.
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Herman Miller posts second quarter loss tied to pension charges
2013-12-19 04:32:10| Furniture - Topix.net
Despite an increase in revenues, Herman Miller Inc. reported Wednesday a fiscal second-quarter loss tied to the closing out of its former U.S. pension plan.
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Legacy Oil and Gas posts 3Q net loss after heavy Alberta rain and floods
2013-11-12 10:46:34| Furniture - Topix.net
Legacy Oil and Gas Inc. is reporting a net loss of $1.87 million or one cent per share for the third quarter, as production was impacted by heavy rains and subsequent flooding in southern Alberta.
HTC posts net loss in Q3
2013-11-05 09:08:00| Telecompaper Headlines
(Telecompaper) HTC reported a net loss of TWD 3.0 billion for the third quarter, versus a profit of TWD 3.9 billion a year earlier. Revenue tumbled to TWD 47.0 billion from TWD 70.2 billion, and the gross margin dropped to 20.4 percent from 25.0. The smartphone maker had a negative operating margin of 7.4 percent, in line with its earlier forecast. HTC said sales of its flagship One smartphone were "solid" in the EMEA region, with a "halo effect" on sales of its other new devices such as the One mini. In the US, the company expanded its distribution to all four of the major carriers, and in China, the group's preparing to launch the first TD-LTE phone with the One Max. During the quarter, HTC also sold its stakes in Beats and Saffron Digital. For the fourth quarter, HTC expects a further drop in sales, to TWD 40-45 billion, while the gross margin should be stable at around 20 percent. The net result is expected to improve to a profit of TWD 0.1-1.7 per share.
Nokia Posts Net Loss in 3Q as Sales Plunge
2013-10-31 12:24:04| Wireless - Topix.net
A third quarter net loss of 91 million euros for phone maker Nokia was driven by plunging sales in its handset unit, which is being sold to Microsoft.
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