Gartner Fourth Quarter Earnings Call
Feb 15, 4:12 AM EST |
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| Strong growth in the Research segment aided the firm to achieve net income of $38.8 million versus $22.6 million in prior year. |
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| Gartner, which provides research and analysis on information technology sector, reported revenue of $348.4 million, an increase of 15% from the prior year, on 18% growth in the value of its contracts. Aiming to improve its sales capability and productivity, in fiscal 2007, the firm added 143 new sales associates, bringing the total to 806. For fiscal 2008, Garnter expects that total revenues to grow by 9% to 11% to approximately $1.3 to $1.325 billion. |
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AutoNation Fourth Quarter Earnings Call
Feb 15, 2:27 AM EST |
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| The earnings were $51.7 million or 28 cents per share as against $75.2 million or 36 cents per share in the prior year quarter. |
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| The leading automotive retailer reported revenue of $4.21 billion, down 4% from last year. The Q4 results reflected a decline in new vehicle retail sales, especially in California and Florida, as the two states account for half of the new vehicle sales of AutoNation. During the quarter, the firm completed the acquisition of two stores, representing a combined annual run rate of $60 million. The firm believes that, in 2008, industry sales of new vehicles would be around mid-15 million units. |
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Deere & Co. First Quarter Earnings Call
Feb 14, 3:51 PM EST |
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| Income was $369 million or 83 cents a share from $239 million or 52 cents a share in 2006, up 54% on worldwide net sales growth. |
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| The provider of agricultural implements reported an 18% growth in worldwide net sales to $5 billion as favorable conditions throughout the global farm sector, coupled with a positive customer response to the company’s product lineup, is continuing to drive results. The non-agricultural operations remain on a profitable course in spite of weakening economic conditions in the U.S. and at the same time the firm is well-positioned to continue benefiting from powerful global economic trends. |
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PF Chang’s Fourth Quarter Earnings Call
Feb 14, 2:28 PM EST |
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| Revenues rose 16.2% to $292 million from $252 million in the prior year due to stronger weekly sales. |
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| The restaurateur reported a drop in earnings to $7 million or 28 cents a share, from $8.8 million or 34 cents a share in the prior year due to higher costs and expenses related to marketing. The firm expects to open seventeen (17) new Bistro restaurants and twenty five (25) new Pei Wei restaurants in 2008, which will drive revenues up 14%. The firm repurchased $1.8 million shares using $50 million leaving another $50 million under the current authorization. |
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Blue Nile Fourth Quarter Earnings Call
Feb 14, 8:42 AM EST |
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| Despite the slowdown in the economy, the net profit touched $7.5 million, an increase of 31% from $5.8 million in the prior year. |
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| The online retailer of diamond jewelry reported 23% increase in revenue over last year to $111.9 million. While Mark Vandon, the founder of Blue Nile, has assumed the role of Executive Chairman, Diane Irvine, who was the chief financial officer, has been promoted as chief executive officer. In 2007, the company launched two local currency websites, serving the Canadian and UK markets. The firm, which witnessed weak demand in January, has projected EPS of 11 cents to 14 cents for Q1. |
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Blackboard Fourth Quarter Earnings Call
Feb 13, 6:09 PM EST |
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| Income rose significantly to $4.2 million or 14 cents a share as a result of revenue growth and positive impact from tax provisions. |
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| The provider of innovative educational products reported a 23% increased in revenues to $63.2 million from $51.4 million in the prior year driven by continued growth in the annual licensing of enterprise level products, as well as continued strong growth from ASP hosting business. The firm experienced a negative impact on earnings from currency translation losses relating to the pay down of inner company debt, which will reduce the impact of translation, losses and gains in future. |
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Getty Images Fourth Quarter Earnings Call
Feb 13, 6:06 PM EST |
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| Revenue rose 7.1% to $218.1 million from $203.6 million in 2006 due to increasing licenses in different segments. |
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| The distributor of visual content and other digital media reported a 7.8% decrease in net income to $28.5 million or 48 cents, from $30.9 million or 51 cents a share due to higher expenses associated with acquired companies, investments in new products, and the impact of foreign exchange rates. The firm continues to make investments in technology, editorial imagery, iStockphoto, music and consumer, which will be important for the future growth of the company. |
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General Motors Fourth Quarter Earnings Call
Feb 13, 3:33 PM EST |
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| Net loss was $722 million, or $1.28 a share, from a net income of $950 million, or $1.68 a share in 2006 due to a softer US market as job cuts loom. |
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| The automaker reported a 7% decline in revenue to $47.1 billion from $50.8 billion in 2006, due to the exclusion of GMAC revenue. It implemented further significant structural cost reductions in North America, grew aggressively in emerging markets, negotiated an historic labor contract with the UAW partners, advanced development of a broad range of advanced propulsion technologies and introduced a series of breakthrough cars and trucks around the world. |
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ConocoPhillips Fourth Quarter Earnings Call
Feb 13, 3:03 PM EST |
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| Net income of $4.4 billion or $2.75 a share, was up 36% from $3.2 billion or $1.94 in 2006 due to improved prices and margins. |
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| The oil and gas company reported a 27% increase in revenues to $53 billion as the upstream business produced 2.26 million BOE per day, including the share of LUKOIL’s production. In the downstream business, worldwide refining crude oil capacity utilization rate improved to 95%. The asset rationalization program remains on target, with proceeds of approximately $3.8 billion since inception. |
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Taiwan Semiconductor Fourth Quarter Earnings Call
Feb 13, 2:46 PM EST |
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| TSM posted a 24% jump in quarterly profit to a record of T$34.485 billion ($1.07 million) on increased demand for chips. |
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| The world’s largest dedicated semi-conductor foundry reported earnings of NT$1.31 on revenues of NT$94 billion (US$2.90 billion), a 5.5% increase from the year ago quarter. Total revenue from advanced technologies accounted for 59% of total wafer sales, a 3% improvement from the previous quarter. The company now forecasts the semiconductor industry to grow by above 5% in 2008 compared to the 2007 figures. |
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