Here you will find all the articles with the tag: profit.
Samsung had a difficult task to accomplish during its quarterly earnings presentation. Indeed, the figures were its worst in 15 years. Its fourth-quarter operating profit went down 34.57 percent in comparison with 2022. Samsung's reported operating profit from the past quarter could not make in... Read more
3 months ago
Nokia has lowered the bar for its profit forecast from its sales until 2026. This is the result of the recent loss of telecom operator AT&T as a customer. However, the network giant did announce that it had won Deutsche Telekom as a new customer. Nokia adjusted its profit forecast from its s... Read more
5 months ago
Stack Overflow is going to lay off 28 percent of its staff. The platform is struggling with profitability, as the news also brings to mind challenges posed by the rise of generative AI tools. The announced mass layoff at Stack Overflow is notable because the community platform for developers was... Read more
6 months ago
Nvidia CEO Jensen Huang thinks the AI hype will continue for a while. Meanwhile, Nvidia has been part of the "trillion dollar club" for a few months now, but it is also buying back $25 billion in its own shares. Thus it seems that Huang and co expect even more of a value increase. Can it deliver en... Read more
8 months ago
Big tech is benefiting from the continuous movement to the cloud. Both Google and Microsoft saw substantial revenue increases in this sector, thanks in part to the explosion in AI investments. Last quarter we came with the news that Google Cloud had become profitable for the first time. Fiscal r... Read more
9 months ago
The crisis in the global chip market is causing Samsung's second-quarter profit to fall sharply. An end to the problems in the chip market is not expected until 2024. In its preliminary financial results for the second quarter of 2023, Samsung indicates that profits have hit a low point. It is l... Read more
10 months ago
Alphabet, the parent of Google, is facing a period of stalled growth amidst the ongoing economic turbulence in Silicon Valley. Gone are the days of exponential profit and employee growth as the company navigates a slowdown in digital advertising. In its latest financial statement, Alphabet poste... Read more
1 year ago
Deutsche Telekom raised its annual projection for the second time and reported quarterly profit above expectations on Thursday. The results were boosted by strong sales from its US T-Mobile unit and European businesses. Earnings before interest, tax, depreciation, and amortization after leases ... Read more
2 years ago
Call center software company, Aircall has reportedly topped 100 million dollars in annual recurring revenue. Aircall reported annual recurring revenue of over $100 million and plans to grow in Madrid and Singapore as it prepares for a potential stock market IPO. In addition, Aircall stated th... Read more
2 years ago
Google's parent has performance that is putting its Big Tech rivals to shame. Alphabet reported huge beats on its top and bottom lines for its first quarter of 2021, as well as a new $50 billion stock buyback, which boosted the shares more than 4% in after-hours trading. The company's shar... Read more
3 years ago
