Tag Archives: Quarterly

HTC Posts Seventh Consecutive Quarterly Loss

Taiwan’s HTC on Tuesday announced worse than expected fourth-quarter results and analysts said its much-hyped virtual reality products had failed significantly to boost the struggling smartphone maker. Revenue from October to December was down 13.62 percent year-on-year to TWD 22.2 billion ($720 million or roughly Rs. 4,820 crores). The net loss was TWD 3.1 billion, an improvement on the year-before ... Read More »

LG Books First Quarterly Loss in 6 Years on Worst Mobile Result

South Korea’s LG Electronics Inc on Wednesday reported its first quarterly operating loss in six years in October-December due to its worst mobile performance. Its fourth-quarter loss reached KRW 35 billion ($30.06 million or roughly Rs. 204 crores), in line with its guidance earlier this month, said LG Electronics, the world’s second-largest television maker behind Samsung Electronics Co Ltd. That ... Read More »

BlackBerry Posts Another Quarterly Loss as Revenue Slides

BlackBerry posted another loss and a 47.3 percent fall in third-quarter revenue on Tuesday as the software growth it is relying on failed to make up for shrinking handset sales and lost service fees. The Waterloo, Ontario-based company said it had a net loss of $117 million (roughly Rs 796 crores), or 22 cents a share, on revenue of $289 ... Read More »

Qualcomm Reports Better-Than-Expected Quarterly Revenue

Smartphone chipmaker Qualcomm Inc, which agreed to buy NXP Semiconductors NV for about $38 billion last week, reported a better-than-expected 13.3 percent rise in quarterly revenue, helped by strong demand, particularly in China. The company’s shares were marginally higher in after-hours trading on Wednesday. The San Diego-based company, which supplies chips to Android smartphone makers and Apple, reported mobile chip ... Read More »

Xiaomi Redmi Note 3 Quarterly Shipments Hit Record 880,000 Units

Xiaomi on Monday announced it had shipped 1.75 million units of the Redmi Note 3 in just five months. The company also pointed to a recent IDC report that said it had shipped 880,000 units of the smartphone in the online channel in Q2 2016 – which it claims is almost twice the volume of the next-highest shipped smartphone in ... Read More »

Coca-Cola’s Quarterly Sales Fall 8%

Coca-Cola Co reported an 8 per cent fall in quarterly net revenue, as a strong dollar once again reduced the value of sales from outside the United States. The net income attributable to shareholders rose to $1.24 billion, or 28 cents per share, in the fourth quarter ended December 31, from $770 million, or 17 cents per share, a year ... Read More »