je.st
news
Home › profits fall
Tag: profits fall
Qualcomm quarterly profits fall short of target, sees bigger drop in Q3
2020-04-30 08:05:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported net earnings for its fiscal second quarter to March down 25 percent year-on-year to USD 0.41 per share. The company said demand for mobile handsets was 21 percent below its forecast due to the impact of the Covid-19 pandemic. The chipmaker expects an even bigger shortfall of 30 percent in the third quarter to June.
Xiaomi profits fall in Q4 on marketing push to boost overseas growth
2020-03-31 14:04:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported revenues for the fourth quarter of 2019 up 27.1 percent year-on-year to CNY 56.5 billion. Net profit for the period fell to CNY 2.4 billion from CNY 3.4 billion a year earlier, after a sharp rise in marketing and promotional spend to boost sales outside China.
Tags: marketing
fall
growth
push
Sites : [1]