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HTC forecasts net loss, lower sales in Q1

2014-02-10 09:11:00| Telecompaper Headlines

(Telecompaper) HTC forecast a further fall in results in the first quarter. Revenue is expected at TWD 34-36 billion, down from TWD 43 billion in the fourth quarter. The gross margin is expected to improve to around 21.75 percent from 17.8 percent in the last quarter, while the net result will be a loss of TWD 2.1-2.6 per share, reversing a profit of TWD 0.38 in Q4. HTC did not provide further details on its fourth-quarter handset sales. The company did announce a new licensing agreement with Nokia, putting an end to their multiple patent infringement cases. No financial details of the agreement were disclosed. 

Tags: net sales lower loss

 

American Axle reports net income of $94.5M in 2013

2014-02-08 06:51:54| Automakers - Topix.net

American Axle & Manufacturing Holdings Inc. said Friday it posted net income of $94.5 million or $1.23 a share for 2013, down more than 74 percent from 2012.

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MTS posts Q4 net loss; cites court pension decision and failed Allstream sale

2014-02-08 00:52:39| Telecom - Topix.net

The logo for MTS Allstream, a division of Manitoba Telecom Services Inc. is shown.

Tags: net sale posts loss

 

Kellogg cereal woes: Q4 net sales dip amid full year profits

2014-02-07 23:05:43| Agriculture - Topix.net

The Kellogg Company has reported lower-than-expected fourth quarter sales due to continued weakness in cereal but its president and CEO says the company can still win at the breakfast occasion.

Tags: net year full sales

 

US: Bebe Stores Q2 net losses widen

2014-02-07 11:57:00| Daily apparel & textile news and comment - from just-style.com

Women's wear retailer Bebe Stores saw its net loss widen in the second quarter as margins narrowed and sales fell.

Tags: net stores losses bebe

 

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