Akamai Technologies Earnings Call, Second Quarter 2006
Jun 19, 9:44 AM EDT |
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| Revenue was $100.6 million up 11% over the second quarter 2005 driven by strength across many customer segments and geographies. |
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| The global service provider of accelerating content and business processes online reported net income of $11.3 million or 7 cents per share, down from $15.9 million or 12 cents a share in 2005 on higher costs. Akamai experienced robust demand for services across many verticals, with heavier than expected customer usage resulting in part from the explosion in digital media consumption and the continued proliferation of broadband around the world. |
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Akamai Technologies Earnings Call, First Quarter 2006
Jun 19, 9:48 AM EDT |
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| Revenue grew to a record $90.8 million, up 51% year-over-year due to greater than expected demand from seasonal sporting events. |
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| The global service provider for accelerating content and business processes online, reported revenue of $90.8 million, a 55% increase from $25.8 million or 17 cents a share in 2005. Growth in the business is being pushed by the broadband availability. The company benefited from strong demand for the core content delivery services as more enterprises continued to move critical business processes online, especially in the area of digital media and entertainment content. |
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Lehman Brothers Holdings Earnings Call, Second Quarter 2008
Jun 19, 6:48 AM EDT |
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| The challenging macro environment adversely impacted performance, though the firm has taken action to improve the liquidity position. |
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| The financial services firm reported net revenues of a negative $668 million down from a positive $5.5 billion in 2007 due to a significant dislocation in spread movements between derivative instruments and cash assets. As a result, it realized a net loss of $2.8 billion or $5.14 a share, down from net income of $1.3 billion or $2.21 a share on gross mark-to-market adjustments of $3.6 billion concentrated in the residential and commercial exposures. |
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FMC Earnings Call, First Quarter 2008
Jun 19, 6:34 AM EDT |
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| The firm achieved strong first quarter results despite combined effects ofhigher raw material and energy costs across the businesses. |
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| The chemicals company reported income of $94 million, or $1.23 per share, up 105% from $46 million, or 59 cents per share in 2007 due to strong performance across all businesses sectors through higher margins and sales volumes. Revenue of $750.2 million rose 11% as Agricultural Products achieved sales gains in Asia, Europe and Latin America while Specialty Chemicals experienced strong commercial performance in BioPolymer and lithium specialties. |
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Expedia Earnings Call, First Quarter 2008
Jun 19, 6:30 AM EDT |
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| While the year continues to present an uncertain economic backdrop, the firm remains focused on driving growth in long-term free cash flow. |
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| The online travel services firm announced earnings growth of 48% from $34.8 million or 24 cents a share in 2007 to $51.3 million or 24 cents a share as revenue increased 25% driven by increased worldwide merchant hotel revenue and advertising and media revenue. Gross bookings increased 20% to $5.9 billion compared with $4.9 billion in 2007. Expedia Distribution, entered new partnerships with ExpressJet, Frontier Airlines, BMI and Sky Travel. |
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Valero Energy Earnings Call, First Quarter 2008
Jun 19, 6:24 AM EDT |
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| Despite a difficult environment for gasoline margins, the firm reported positive results as inventories have fallen and demand increased. |
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| The energy company reported income from continuing operations of $261 million, or 48 cents per share, down 321% from $1.1 billion, or $1.77 per share in 2007 due to higher refinery operating expenses, higher energy costs and maintenance expenses. Revenue increased 49% to $27.9 billion. The company also spent $518 million to purchase 8.8 million shares of its common stock and used $375 million to redeem high-coupon debt. |
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Adobe Systems Earnings Call, Second Quarter 2008
Jun 19, 5:17 AM EDT |
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| Profit rose to $214.9 million, amid strong sales of design and document software. |
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| Revenue rose to $886.9 million from $745.6 million a year ago. Strong performance was driven by the product mix and geographic diversity of business. Adobe''s effective GAAP tax rate was 22.7%, and non-GAAP tax rate was 23.8%. The company achieved 79% year-over-year growth with digital and web video products, and continues to see strong growth in Flash Media streaming business. For Q3, the company is targeting revenue range of $855 million to $885 million. |
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Sun Microsystems Earnings Call, Second Quarter 2008
Jun 19, 4:29 AM EDT |
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| Profit was $260 million or earnings per share of 31 cents as compared with a net income of $133 million or earnings per share of 15 cents last year. |
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| Revenue was $3.62 billion compared to sales of $3.57 billion a year ago. Total gross margin was 48.5% of revenue, an increase of 3.5 percentage points over the gross margin for Q2 2007. The company repurchased 36.7 million shares of its common stock, which equates to approximately $750 million. Shares were repurchased at an average price of $20.44. The company saw double digit growth in India, China, Latin America, Eastern Europe, the Middle East and Africa, where it is amplifying investments. |
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Adobe Systems Earnings Call, Fourth Quarter 2006
Jun 17, 12:10 PM EDT |
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| The firm successfully integrated Macromedia, leveraging combined assets to provide platform level solutions. |
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| The company that revolutionizes how the world engages with ideas and information, reported net income of $181.9 million or 31 cents a share, up 16% compared to $156.3 million or 32 cents a share in 2005 as revenue rose 34% to $682.2 million, which was near the high end of the targeted range. The company repurchased 2.2 million shares at a cost of $81.8 million, as part of share repurchase programs. |
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Adobe Earnings Call, Third Quarter 2006
Jun 17, 2:31 PM EDT |
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| The bottom line remains weak despite revenue growth and a strong project pipeline. |
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| The provider of graphic design, publishing, and imaging software for Web and print production reported income of $94.4 million or 16 cents a share, down 34.9% from $144.9 million or 29 cents a share in the prior year due to higher revenue costs and expenses. Revenue was $602.2 million compared to $487.0 million in 2005, a growth of 24% as the firm continues to leverage its service platform and benefit from economies of scale. |
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