Apple Computers Earnings Call, First Quarter 2007
Jul 08, 4:30 PM EDT |
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| The firm kicked off what is going to be a very strong new product year for Apple by launching Apple TV and the revolutionary iPhone. |
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| The desktop and notebook computers, OS X operating system, and iLife and professional applications firm reported net income of $1 billion or $1.14 a share, up 78% as sales rose 24% to $7.12 billion from $5.8 billion in 2006 driven by very strong iPod sales during the holiday season and continued robust demand for Macs. iPod shipments grew even faster in international markets, which resulted in share gains. |
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Apple Computers Earnings Call, Fourth Quarter 2006
Jul 08, 4:26 PM EDT |
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| Despite an architecture transition converting Mac line to Intel microprocessors, the firm is likely to restate financials over stock option grants. |
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| The computer company reported revenue of $4.84 billion, up 32% driven by strong sales of the Mac portable products, a successful back-to-school season, and the continued popularity of music products. This helped drive net income by 27% to $546 million, or 62 cents a share, from $430 million or 52 cents a share. The firm sold over 5.3 million Macs, representing its best year ever, and reached new heights with iPod shipments, selling more than 39 million. |
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Apple Computers Earnings Call, Third Quarter 2006
Jul 08, 4:23 PM EDT |
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| The firm achieved a 48% rise in income attributable to the revenue growth, a very favorable component environment and solid expense management. |
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| The computer firm reported revenue of $4.37 billion, up 24% from $3.5 billion in 2005 fueled by the best Mac unit sales in any 13-week quarter in Apple''s history and continued healthy demand for music products. Consequently, net income was $472 million, or 54 cents a share, up 47.5% from $320 million or 39 cents a share in the prior year. The firm is investing heavily in iPod and iTunes engineering and is very enthusiastic about the products in the pipeline. |
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Apple Computer Earnings Call, Second Quarter 2006
Jul 08, 4:20 PM EDT |
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| The firm is optimistic about further market penetration potential globally and its ability to grow international market share. |
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| The computer company reported revenue of $4.36 billion, up 34% year over year driven by continued strong growth in the music business and solid performance in the Mac business during the transition to Intel. As a result, income was $410 million, or 47 cents a share, up 41.4% from $290 million or 35 cents a share in 2005. Looking ahead to the third quarter of fiscal 2006, Apple expects revenue of about $4.2 billion to $4.4 billion. |
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Jabil Circuit Earnings Call, Third Quarter 2008
Jul 08, 10:10 AM EDT |
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| The end-market environment remains unchanged and EBITDA margins are expected to be 40 basis points higher in fiscal 2008 than in fiscal 2007. |
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| The electronic product solutions company reported third quarter net revenues of $3.1 billion compared with $3 billion for the same quarter in fiscal 2007.The management announced that the GAAP net income for the quarter increase 517% to $38.4 million versus $6.2 million for the third quarter in 2007. The management expects fourth quarter revenue to be in the range of $3.2 billion to $3.3 billion and core EPS are forecast to be in the range of 29 cents to 33 cents. |
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Darden Restaurants Earnings Call, Fourth Quarter 2008
Jul 08, 2:37 AM EDT |
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| The company brands produced competitively superior results and outperformed the industry with strong performance from Olive Garden. |
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| The restaurant company reported Q4 sales from continuing of $1.83 billion versus $1.46 billion in the year ago quarter. The sales increase was fueled by sales from LongHorn Steakhouse and The Capital Grille brands and strong new and same-restaurant sales growth at Olive Garden. The Q4 diluted net earnings per share from continuing operations increased 7% to 72 cents versus 67 cents in the fourth quarter fiscal 2007. The company expects to open about 75 to 80 net new restaurants in fiscal 2009. |
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General Mills Earnings Call, Fourth Quarter 2008
Jul 08, 2:25 AM EDT |
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| Including the $111 million drop in the mark-to-market valuation, gross margin was 29.7% and would have been 33% excluding the dip. |
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| The Company’s full year net sales grew 10% to $13.7 billion and volume, measured in pounds, contributed three points to sales growth. The segment operating profits increased 6% to $2.4 billion despite the higher input costs and a 13% increase in consumer marketing expense. The fiscal 2008 net earnings firmed 13% to $1.3 billion including non-cash gains from mark-to-market valuation of certain commodity positions and a favorable ruling related to a tax contingency. |
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Worthington Industries Earnings Call, Fourth Quarter 2008
Jul 07, 10:15 AM EDT |
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| Escalating steel prices, operational improvements, plant closures and cost reduction initiatives were responsible for improvement in earnings. |
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| The metal processing firm reported earnings of $53.9 million or 68 cents a share, up 41% compared to $38.2 million, or 45 cents a share in the prior year due to revenue growth as sales increased 10% to $869 million from the $787 million in 2007. Sales growth was driven by higher selling prices as the firm has been raising prices to keep pace with the rapidly increasing prices of steel. The board of directors declared a quarterly cash dividend of 17 cents per share. |
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Advanced Micro Devices Earnings Call, Second Quarter 2006
Jul 07, 10:12 AM EDT |
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| AMD reported a marginal decline in sales growth despite record adoption of AMD Opteron processors. |
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| The provider of innovative microprocessor solutions reported sales of $1.22 billion, up 53% as the AMD Opteron processor sales grew and the firm gained server processor market share in the quarter. Operating income was $102 million or 18 cents a share up 23% from $83 million in 2005 as manufacturing execution was outstanding, with Fab 36 ramping 300mm capacity aggressively at mature yields. In addition, Chartered Semiconductor is now in production of AMD products. |
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Advanced Micro Devices Earnings Call, First Quarter 2006
Jul 07, 10:09 AM EDT |
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| Sales grew by 11% year-over-year driven by record sales of AMD Opteron™ processors. |
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| The provider of microprocessor solutions had earnings of $185 million or 38 cents a share from a loss of $17 million or 4 cents a share driven by record sales of AMD Opteron™ processors and gross margin. The firm gained market share based on strong customer demand for single and multi-core processors. It also expanded the customer base, achieved record AMD Opteron processor sales and increased average selling price (ASP) and continued to execute against plans to improve the balance sheet. |
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