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HTC posts net loss of TWD 8 bln in Q2
2015-08-06 10:40:00| Telecompaper Headlines
(Telecompaper) HTC reported a net loss of TWD 8.0 billion in the second quarter, versus a profit of TWD 2.3 billion a year earlier, hurt by a sharp fall in sales and an asset impairment charge of TWD 2.9 billion. HTC said it suffered from weak demand at the high end of the Android smartphone market as well as lower-than-expected sales in China. Revenues nearly halved, to TWD 33.0 billion from TWD 65.1 billion a year ago. The gross margin dropped to 19.3 percent from 22.2 in the year-earlier period and 19.7 in Q1 this year. HTC said it started a company-wide focus on reducing costs and optimising the use of resources. It continues to invest in new product areas though, notably virtual reality, where it plans to launch the HTC Vive glasses later this year. For the third quarter, the company forecast a further slide in sales, to TWD 19-22 billion compared to TWD 41.9 billion a year earlier. The gross margin is estimated at 19.0-19.5 percent and EPS at a loss of TWD 5.51-5.85.
Edgewell reports Q3 loss following Energizer spin-off
2015-08-06 06:28:47| Electronics - Topix.net
Edgewell Personal Care Co., formerly the personal care division of Energizer Holdings Inc., on Wednesday reported a third-quarter loss of $72.5 million, compared with a $64.5 million profit in the prior-year period.
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Devon Energy posts $2.8 billion loss
2015-08-05 07:27:32| Oil & Gas - Topix.net
Devon Energy Corp. on Tuesday recorded a second-quarter loss of $2.8 billion as tumbling oil prices led the company to write down the value of its assets. The loss translates to $6.94 a share, down from a profit of $675 million, or $1.64 a share in the second quarter of 2014.
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Devon Energy posts $2.8 billion loss
2015-08-05 06:53:05| Energy - Topix.net
Devon Energy Corp. on Tuesday recorded a second-quarter loss of $2.8 billion as tumbling oil prices led the company to write down the value of its assets. The loss translates to $6.94 a share, down from a profit of $675 million, or $1.64 a share in the second quarter of 2014.
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PetroQuest reports second-quarter loss
2015-08-04 03:29:15| Chemicals - Topix.net
Lafayette-based PetroQuest Energy Inc. posted a second-quarter loss of $61.1 million, or 94 cents per share, compared to a profit of $9.6 million, or 15 cents per share, a year ago. For the first six months of 2015, the company's loss totals $183.3 million, or $2.83 per share, compared to net income of $19.6 million, or 30 cents per share, for the 2014 period.
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