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Tag: quarterly profit
Microsoft quarterly profit falls on handset business costs
2015-04-23 23:01:00| Telecompaper Headlines
(Telecompaper) Microsoft reported earnings down 10 percent year-on-year to USD 0.61 per share in its fiscal third quarter to March, hurt by costs for restructuring and integrating the former Nokia mobile phone business. Microsoft said the USD 190 million in restructuring costs in the quarter took 1 cent off earnings, while the 4 percent rise in its operating costs was also driven by the acquisition of the Nokia operations. This pushed its operating profit 5 percent lower to USD 6.59 billion. The gross margin was still up 1 percent to USD 14.57 billion, and revenues rose 6 percent year-on-year to USD 21.73 billion. The mobile phone business contributed revenue of USD 1.4 billion, and Lumia smartphone shipments rose 18 percent year-on-year to 8.6 million. The company also shipped 24.7 million feature phones in the quarter.
Tags: business
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microsoft
falls
Microsoft quarterly profit falls
2015-04-23 22:41:14| BBC News | Business | UK Edition
Microsoft reports a 12% fall in profits to almost $5bn in the first three months of 2015, but sales rise to $21.7bn, cheering investors.
Tags: microsoft
falls
profit
quarterly
ARM quarterly profit up by 33%
2015-04-21 09:25:00| Telecompaper Headlines
(Telecompaper) ARM Holdings reported first-quarter revenues up 22 percent to GBP 227.5 million. In dollars, the figure rose 14 percent to USD 348.2 million, with 31 percent growth in royalty revenue offsetting a 2 percent fall in licensing revenue. The group added 30 new processor licences in the quarter, and shipments of products based on its licences rose 31 percent year-on-year. The chip designer increased its adjusted operating margin to 51.7 percent from 50.4 percent a year ago, and pretax profit rose by a third to GBP 103.4 million. Earnings per share were up 36 percent to 6.0 pence, and ARM generated GBP 68.5 million in cash in the quarter, compared to GBP 40.1 million a year earlier. ARM said it had an encouraging start to 2015 and expects group dollar revenues for the full-year 2015 to be at least in line with current market expectations. For Q2, the market is expected to show a seasonal slowdown.
Tags: profit
arm
quarterly
quarterly profit
Credit Suisse quarterly profit rises
2015-04-21 08:40:26| BBC News | Business | UK Edition
Credit Suisse says quarterly profit rose by 23% from a year earlier because of gains from its securities trading and wealth management divisions.
Tags: credit
profit
quarterly
suisse
REFILE-UnitedHealth's quarterly profit rises as Optum business gains
2015-04-16 20:02:04| Beverages - Topix.net
UnitedHealth Group Inc, the largest U.S. health insurer, reported a 28.6 percent rise in quarterly profit, helped by a rise in total enrolments and strength in its Optum Health Services business. The company's profit rose to $1.41 billion, or $1.46 per share, in the first quarter ended March 31, from $1.10 billion, or $1.10 per share, a year earlier.
Tags: business
profit
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gains
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