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Apple quarterly sales stronger than expected

2014-10-21 08:40:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues of USD 42.1 billion for its fiscal fourth quarter to September, up from USD 37.5 billion a year earlier and better than the company's forecast of USD 37-40 billion. The gross margin rose to 38 percent from 37 percent, and net profit increased to USD 8.5 billion or USD 1.42 per share, from USD 7.5 billion or USD 1.18 per share a year ago. The company sold 39.2 million iPhones in the quarter, up 16 percent year-on-year, while iPad sales fell 13 percent to 12.3 million. The number of Macs sold rose by 25 percent to 5.5 million. After operating cash flow of USD 13.3 billion in the quarter, Apple will pay a cash dividend of USD 0.47 per share. For the current quarter, Apple forecast a jump in revenue to USD 63.5-66.5 billion, thanks to strong sales of the recently launched iPhone 6. The gross margin is estimated at 37.5-38.5 percent. 

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Helix Energy Solutions Group (HLX) Posts Quarterly Earnings Results, Beats Estimates By $0.21 EPS

2014-10-21 07:47:36| Industrial Machines - Topix.net

Helix Energy Solutions Group released its earnings data on Monday. The company reported $0.71 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.50 by $0.21, Analyst Ratings.Net reports.

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Flotek Industries (FTK) Set to Announce Quarterly Earnings on Wednesday

2014-10-21 07:47:09| Chemicals - Topix.net

Flotek Industries is scheduled to issue its Q314 quarterly earnings data on Wednesday, October 22nd. Analysts expect the company to announce earnings of $0.24 per share and revenue of $115.20 million for the quarter.

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O'Reilly Automotive (ORLY) to Release Quarterly Earnings on Wednesday

2014-10-21 07:10:22| Auto Parts - Topix.net

O'Reilly Automotive is scheduled to announce its Q314 earnings results on Wednesday, October 22nd. Analysts expect the company to announce earnings of $1.96 per share and revenue of $1.86 billion for the quarter.

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UPDATE 2-Transformers, Marvel toys power Hasbro quarterly profit

2014-10-20 22:45:17| Toys - Topix.net

Hasbro Inc, the second-largest U.S. toymaker, reported a strong quarterly profit, driven by robust sales of Marvel and Transformers action figures in emerging markets such as Latin America and the Asia Pacific region. Hasbro's results were stronger than those of larger rival Mattel Inc, which last week posted its fourth straight quarterly fall in sales.

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