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Vodafone Narrows Operating Loss
News The company also narrowed its operating loss — from £14bn in 2006 to £1.6bn for 2007's financial year — and predicts its revenue will increase to up to £34.1bn for the 2008 financial year. Vodafone has slashed operating losses but European red tape...
[May 30, 2007, 9:22]
Motorola Posts First Loss In 15 Years
News Motorola fell short of analysts' reduced estimates in its first quarter Tuesday and posted its first operating loss in more than 15 years. This unit absorbed an operating loss of $131 million in the quarter, a dramatic decline from a profit of $128...
[April 11, 2001, 9:13]
Stock-swap Programme Costs Microsoft Millions
News Hit with a stock-option transfer programme and higher payroll costs, Microsoft's server and tools business posted a hefty operating loss in the December quarter. While revenue increased 21 percent, Server and Tools reported an operating loss...
[February 9, 2004, 9:25]
AMD Confirms Loss Due To Intel Pressure
News AMD has admitted that price pressure from rival Intel has forced the company to "incur an operating loss" for the current quarter, sending its shares into a $2 drop before trading was halted, yesterday.
[February 5, 1999, 10:45]
Red Hat Revenues Are Red Hot
News After market close Thursday, Linux ringleader Red Hat reported a first quarter operating loss of $2.5m (£1.65m), or two cents a share. In the same quarter a year ago, Red Hat reported an operating loss of $3.8m, or eight cents a share.
[June 16, 2000, 8:39]
OpenBSD Founder Makes Funding Plea
News OpenBSD developers have admitted that the organisation is running at a loss and want to increase annual income to continue funding the development of the project's open source operating system. OpenBSD for the past two years has turned a loss of...
[March 23, 2006, 10:10]
The Day Ahead: Red Hat Steps Up Profit Push
News Red Hat reported a first quarter operating loss of $2.5m (£1.65m), or two cents a share. The operating loss will decrease for the balance of 2000 until we reach profitability in 2001," said Harold Covert, chief financial officer.
[June 16, 2000, 12:45]
Amazon.com Misses Estimates But Sets Profit Roadmap
News Chief financial officer Warren Jenson said its fourth quarter operating loss was at the high point and would come down throughout 2000. Amazon.com posted a wider-than-expected loss in its fourth quarter Wednesday, losing $185m (£113bn), or 55 cents...
[February 3, 2000, 9:43]
Apple Losses Not So Bad
News Apple said its operating loss in the third quarter narrowed to $60 million from $116 million a year ago. The 44 cent per share loss was better than many on Wall Street had expected. Analysts surveyed by First Call had expected a loss of 61 cents...
[July 17, 1997, 9:07]
Wall Street Boos Amazon's Juggling Act
News The company's pro forma operating loss was 16 cents a share, well above First Call's consensus for a loss of 22 cents a share. On the bottom line, pro forma operating losses are expected to be flat or slightly down from the second quarter's, Amazon...
[July 25, 2001, 8:00]
Palm Reports Narrower-than-expected Loss
News Further, the company said it expects an operating loss in the current quarter, though somewhat narrower than in the last quarter. Palm's operating loss, excluding one-time events, was $59.9m. However, the company slashed its sales forecast for the...
[September 21, 2001, 9:18]
News Roundup: Tech Companies Face Clouded Future
News Friday 27th July After announcing an operating loss, Infineon is to reduce its workforce to cut costs Siemens posts operating loss JDS Uniphase reports record loss Friday 27th July Despite a four-fold increase in net income, the plunging valuation...
[July 26, 2001, 10:35]
The Day Ahead: Amazon Learns New Word (profit), Wall Street Cheers
News Chief financial officer Warren Jenson said its fourth quarter operating loss was at the "high point" and would come down throughout 2000. Sure Amazon missed estimates and reported a record fourth quarter net loss, $323m (£200m), to go with its...
[February 3, 2000, 11:45]
The Day Ahead: Corel Tries Out New Buzzwords
News For the record, Corel had a first quarter operating loss of 19 cents (12p) a share, missing First Call consensus by three cents (2p). In the third quarter, First Call consensus called for a loss of 6 cents (4p) a share.
[March 21, 2000, 11:50]
Amazon Cuts 1,300 Jobs On Q4 Losses
News The Seattle-based company posted a pro forma net loss of $90.4m (£61.8m), or 25 cents per share, excluding investment and other non-operating losses. A year ago, Amazon posted a pro forma loss of $184.9m, or 55 cents per share.
[January 31, 2001, 7:55]
More Job Cuts At Motorola As Q3 Forecast Worsens
News The improvement in the operating loss sequentially from second quarter is attributable to increased sales and improved profitability in our Personal Communications Sector and Commercial, Government and Industrial Systems Sector," explained...
[September 6, 2001, 17:33]
Commerce One President Heads To AOL
News In April, Commerce One released first-quarter results highlighted by soaring revenues and a plunging operating loss. But the net loss for the quarter was $228.5m (£163m), or $1.02 per share. That compared to a net loss of $43.6m (£31m), or 29 cents...
[June 19, 2001, 10:55]
Electronics Sales Boost Amazon's Results
News The company's new businesses, including its electronics, tools and kitchen products stores, posted a pro forma operating loss of $45.8m on $116.5m in sales. The pro forma operating loss on those operations also grew, rising from $27.4m last year to...
[April 25, 2001, 9:08]
Solid Sales Push AMD Past Expectations
News The flash group also achieved profitability in the quarter with operating income of $14m, compared with an operating loss of $3m in the fourth quarter of 2003. For the first quarter of last year, AMD reported a net loss of $146m on revenue of $715m.
[April 15, 2004, 9:10]
HP Fails To Meet Analysts' Expectations
News The segment posted a quarterly operating loss of $208m, compared with a loss of $20m in the previous year. That overall group posted revenue of $7bn, up 4 percent from a year ago, but operating profit fell dramatically, from $209m in the year-ago...
[August 12, 2004, 15:30]
