AMD Earnings Call, Fourth Quarter 2008
Jan 24, 3:07 PM ET |
|
| The chip giant reported a net loss of $1.42 billion, or $2.34 a share, versus a loss of $1.77 billion, or $3.06 a share, a year earlier. |
|
| Revenue was $1.16 billion, down from $1.74 billion last year. Adjusted net loss was $418 million. Both unit sales and average selling prices of microprocessors declined. The graphics chips business sales dropped 8% from a year ago. AMD expects first quarter 2009 revenue to decrease sequentially. |
|
|
Full Story... |
Amazon Earnings Call, Fourth Quarter 2008
Jan 30, 3:40 PM ET |
|
| Profit in the fourth quarter was $225 million, or 52 cents per share, versus $207 million, or 48 cents per share, a year ago. |
|
| For the full year, Amazon earned $645 million, or $1.49 per share, on $19.2 billion in revenue vs. $476 million, or $1.12 per share, on revenue of $14.8 billion in 2007. Revenue rose 18% to $6.7 billion. Sales of electronics and other merchandise rose 31% to $2.89 billion. |
|
|
Full Story... |
United States Steel Earnings Call, Fourth Quarter 2008
Jan 30, 2:47 AM ET |
|
| Despite the negative global economic situation, the company had an outstanding year 2008 with record net sales, income from operations and net income. |
|
| The steel company reported Q4 net income of $308 million or $2.65 per share. This compares with Q3 net income of $919 million or $7.79 per share and Q4 of 2007 net income of $35 million or 29 cents per share. The management announced Q4 net sales of $4,565 million compared with net sales of $4,535 million in the year ago quarter and $7,312 million in Q3 of 2008. In light of the deteriorating economic forecasts, the management anticipates an operating loss for first quarter 2009. |
|
|
Full Story... |
New York Times Earnings Call, Fourth Quarter 2008
Jan 29, 6:17 PM ET |
|
| Disruptions of the global economy are affecting all businesses and industries, hence revenues from advertising. |
|
| The media firm reported earnings of $63.3 million or 19 cents a share, down 38% from $102 million or 37 cents a share in 2007 as the firm saw a weakening of revenues as the economy declined and advertisers pulled back on placements. Revenues declined 11% to $772 million with ad revenues down 18%. |
|
|
Full Story... |
McDonalds Earnings Call, Fourth Quarter 2008
Jan 29, 6:11 PM ET |
|
| The firm reiterated commitment to investing capital prudently, optimizing our restaurant ownership mix and returning cash to shareholders. |
|
| The fast food restaurateur reported that revenues were down 3% to $5.6 billion from $5.7 billion in 2007 driven by franchise revenues while company operated restaurants dropped 6%. Income was $985 million or 87 cents a share, down 23% on weaker operating expenses and tax benefits in 2007. |
|
|
Full Story... |
Yahoo Inc! Earnings Call, Fourth Quarter 2008
Jan 29, 6:09 PM ET |
|
| Given the uncertainty around revenue, the firm will keep a razor focus on costs management. |
|
| The internet company reported a marginal drop in revenue to $1.81 billion, despite worldwide owned and operated search revenue growing 11%. Net loss was $303 million or 22 cents per diluted share compared to net income of $206 million or 15 cents per diluted share for the same period of 2007. |
|
|
Full Story... |
Plantronics Earnings Call, Third Quarter 2009
Jan 29, 10:14 AM ET |
|
| Gross profit margins were affected by the mix Bluetooth revenue and lower factory usage amidst efforts to reduce inventories across all product lines. |
|
| The Company generated third quarter revenues of $182.8 million compared with $232.8 million in the equivalent period last year. The decline in revenue was driven by continued economic weakness across geographies and product lines. The management advised that GAAP loss per share was $1.90 during the quarter versus EPS of 39 cents in the same quarter last year. The management now anticipates a Q4 non-GAAP operating loss in the range of $4 million to $10 million. |
|
|
Full Story... |
The McGraw-Hill Companies Earnings Call, Fourth Quarter 2008
Jan 29, 10:08 AM ET |
|
| The 2008 results reflect cost reduction actions and the strategic value of a resilient portfolio of products and services amidst of a recession. |
|
| The global information services provider reported a fourth quarter 9.8% decrease in revenue to $1.4 billion. The management advised that quarterly net income dropped 17.6% to $115.9 million. The 2008 results include a pre-tax restructuring charge of $73.4 million or 14 cents per share while the 2007 EPS reflect a 3 cents gain on divestiture on a mutual fund data business and an 8 cents restructuring charge. The company now projects 2009 revenues to decline by 1% to 2% versus 2008. |
|
|
Full Story... |
General Motors Earnings Call, Fourth Quarter 2008
Jan 29, 10:00 AM ET |
|
| Despite the forecast difficult economic conditions in the near term, the management is positive about the aggressive government fiscal policies. |
|
| The automaker reported that Q4 global auto market sales were approximately 14.2 million vehicles, representing a drop of about 3.4 million vehicles compared with the equivalent quarter last year. The management announced annual company sales of 8.35 million vehicles as the automaker’s global sales fell 11% due to economic pressures mainly in North America and Western Europe. On the upside, the company’s sales outside of the U.S. were 64% of total sales versus 59% in the previous year. |
|
|
Full Story... |
United Technologies Earnings Call, Fourth Quarter 2008
Jan 29, 9:52 AM ET |
|
| Solid margin rise at the aerospace units and Fire & Security offset the impact of a sharp decline at Carrier as tough conditions impacted order rates. |
|
| The Company reported fourth quarter EPS of $1.23 and net income of $1.1 billion, an increase of 14% and 8% respectively. Consolidated revenues for the quarter were $14.5 billion, 1% lower than last year, with 3 points of organic growth more than offset by 5 points of adverse foreign exchange translation. The management reported that cash flow from operations was $2 billion and after CapEx of $406 million substantially exceeded Q4 net income. |
|
|
Full Story... |
|
|
1
