Gateway Computes Operating Profit
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Nation's third leading PC maker is turning operations in a positive direction.
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By Franklin Paul NEW YORK  - Gateway Inc.  on Monday said it would return to its roots as a personal computer company, backing off on an aggressive strategy of expanding into TVs, digital cameras and other gadgets in a move to return to profitability.
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Cisco yesterday reported net revenue of $6 billion for its first quarter, a slight uptick compared with the previous quarter but 17.1% more than in the year-ago quarter.
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Sub-prime takes the shine from quarter Cisco System profit rose 37 per cent in its first quarter '08, with growth in the networking equipment maker's international segments offsetting a "lumpy" US enterprise market.â¦
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Reynolds American Inc. reported today a profit of $339 million in the third quarter - the first earnings report that included the results of the combined RJ Reynolds Tobacco Co.
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Software maker Siebel Systems Inc. on Wednesday said its third-quarter results swung to a profit on improved licensing revenue. The company reported earnings of $19.
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IRVINE, Calif. -- A federal jury ruled that two former Gateway Inc. executives manipulated earnings to meet analysts' expectations, the Securities and Exchange Commission said Thursday.
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Hewlett-Packard (nyse: HPQ - news - people ) on Tuesday posted a 26.5% rise in fourth-quarter profit. For the three months ended Oct. 31, HP reported net income of $1.091 billion, or 37 cents per share, well
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SAN FRANCISCO (CBS.MW) -- Gateway Inc.&#39;s shares climbed as almost 8 percent Friday after the personal-computer and electronics company said it expects to post a second-straight quarter of earnings before one-time charges.
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Gateway Inc. reported a narrowed net loss in the first quarter as it continues to restructure its operations and integrate its acquisition of eMachines.
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Comcast Corp., the largest U.S. cable operator, on Wednesday posted a third quarter profit, boosted by high-speed Internet customer gains that offset slower growth in basic video subscribers.
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IRVINE, Calif., Feb. 27  /PRNewswire-FirstCall/ -- Gateway, Inc. today announced that Ed Coleman, CEO and John Goldsberry, senior vice president and CFO, will present an update on the company's progress and performance on Wednesday, Feb.
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Business Objects reported a 19 percent rise in revenue for the third quarter, driven by services, but earnings were dragged down by a shortfall in license revenue, recent acquisitions and legal costs.While the income figures are broadly in line with preliminary results announced on Oct. 7, the company had expected its earnings to be better. The results come about two weeks after&#160;SAP announced plans to acquire Business Objects&#160;for $6.7 billion.Earnings for the quarter fell to $6.4 million, or $0.07 per share, from $19.6 million, or $0.21 per share, a year earlier, Business Objects said. It had predicted earnings of $0.16 to $0.20 per share.The earnings reported include a charge of around $7 million, equivalent to $0.05 per share, to settle litigation with Decision Warehouse. Business Objects had previously honored Decision Warehouse as its top distributor in Latin America: the company now resells products from&#160;Hyperion, which was recently bought by Oracle, and&#160;BEA Systems, which Oracle is trying to buy.Revenue for the quarter, which ended Sept. 30, was $369 million, up 19 percent compared to a year earlier. The growth was driven by revenue from services such as product maintenance, up 27 percent, and consulting and training, up 34 percent year on year.Growth in license revenue lagged, up just 6 percent compared to a year earlier, although license revenue from all product lines continued to grow, the company said.The&#160;acquisition of Cartesis, completed on June 1, and of&#160;Inxight Software, completed on July 3, added around $21 million in revenue for the quarter.Business Objects also profited from exchange rate fluctuations: while total revenue grew 19 percent year on year, at constant currency rates it grew just 15 percent, while license revenue grew 2 percent at constant currency rates.Business Objects warned that there&#39;s more uncertainty ahead -- and not just because of SAP&#39;s bid for the company, announced Oct. 7.The unexpected shortfall in third-quarter licensing revenue, added to uncertainty about customers&#39; future spending ahead of the merger, prompted the company to withdraw previously issued financial guidance.
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By PAUL GORES  Journal Communications Inc. said Wednesday that fourth-quarter profits last year rose almost 40%, aided by an extra week in the quarter.  Net income was $23.4 million, or 33 cents per share, compared with $16.7 million, or 23 cents, in the final period of 2005.
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The stock exchange operator Deutsche BÃ¶rse said its profit in 2006 was up 56 percent. The company, which operates the Frankfurt stock exchange, said it earned 668.7 million euros ($879.01 million) in 2006 compared with 427.4 million euros ($562.25 million) a year earlier. Revenue rose to 1.85 billion euros ($2.43 billion) from 1.63 billion euros. The company did not release fourth-quarter profit figures, but said revenue during the period rose to 466.4 million euros ($613.08 million) from 408.8 million euros in 2005.
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Irvine, California - Gateway reported a narrowed net loss in the first quarter on continued restructuring of its operations and the integration of newly acquired firm eMachines.
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Harmony Gold Mining today reported a cash operating profit of R133 million for the first quarter of the 2005 financial year. It described this as a &quot;significant turnaround&quot; following the loss of R43.