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Tenaris (TS) Posts Quarterly Earnings Results, Beats Expectations By $0.25 EPS

2013-02-23 00:46:30| Steel - Topix.net

Tenaris released its earnings data on Thursday. The company reported $0.61 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.36 by $0.25. The company had revenue of $2.76 billion for the quarter, compared to the consensus estimate of $2.73 billion.

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HP quarterly profits beat expectations

2013-02-22 08:15:00| Telecompaper Headlines

(Telecompaper) HP reported adjusted EPS for its fiscal first quarter of USD 0.82, down 11 percent from the prior year, but above its earlier outlook of 68-71 cents. On a reported basis, EPS fell 14 percent to USD 0.63, also better than expected. Revenue for the three months to January declined 6 percent to USD 28.4 billion, led by an 8 percent fall in its Personal Systems business due to the slowdown in the PC market. Printing revenue was down 5 percent, Enterprise equipment revenue fell 4 percent, Enterprise service revenue declined 7 percent, and Software revenue fell 2 percent. Operating cash flow more than doubled compared to a year earlier to USD 2.6 billion, and the company said it devoted USD 1 billion to net debt reduction in the quarter and will continue to focus on improving its balance sheet. For the second quarter, HP forecast adjusted EPS of USD 0.80-0.82 and reported EPS of USD 0.38-0.40, including 42 cents per share of costs for the amortization of purchased intangible assets, restructuring charges and acquisition-related charges. HP maintained its full-year outlook, saying it expects the benefits of the restructuring started last year to accelerate in the course of the year.

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HP beats expectations, raises outlook

2013-02-21 23:01:24| CNET News.com

CEO Meg Whitman notes that HP "still has a lot of work to do to generate the kind of growth we want to see," but "we expect the benefits from our restructuring will accelerate through fiscal 2013." [Read more]

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Daktronics (DAKT) Posts Quarterly Earnings Results, Misses Expectations By $0.01 EPS

2013-02-19 19:11:07| IT Services - Topix.net

Daktronics issued its quarterly earnings data on Tuesday. The company reported $0.06 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.07 by $0.01. The company had revenue of $111.10 million for the quarter, compared to the consensus estimate of $123.83 million.

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Great expectations for next PlayStation

2013-02-15 22:54:00| CNET News.com

A new controller may debut with the PS4 next week, Skype adds video messages, and the Bump app gets an extremely useful upgrade. [Read more]

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