Samsung reported a 52% drop in third-quarter profit, pressured by a downturn in the memory-chip market
SEOUL—Samsung Electronics Co.’s third-quarter net profit fell sharply, pressured by a downturn in the memory-chip market, despite growth at its mobile and display businesses.
The South Korean tech giant reported a net profit of 6.29 trillion won for the three months ended Sept. 30, a 52% drop from a year earlier, when the company reported its highest-ever net profit. The company reported revenue of 62 trillion won, down 5.3%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
BP profits fall 40% as oil prices slideBP reported its first net loss in more than three years on an asset-sales charge, and lower oil prices hit underlying profit. Still, strong refining operations helped to beat analysts’ forecasts For more business news, follow ReutersBiz
Lire la suite »
Alphabet stock dips on earnings missAlphabet missed earnings expectations, sending the stock down after hours.
Lire la suite »
Pizza Hut, GrubHub troubles dent Yum profits; shares fallYum Brands Inc missed earnings expectations, largely hit by a write down in the ...
Lire la suite »
South Korea's October exports to fall for eleventh month on weak China, chip demandSouth Korea's exports likely contracted in October, falling for an 11th str...
Lire la suite »
Twilio stock falls after giving soft earnings guidanceTwilio's net dollar expansion rate was soft for the fiscal third quarter, and earnings for the next quarter was also lighter than expected.
Lire la suite »
Lyft stock falls despite earnings beat and raising guidance for yearLyft slides despite an earnings beat. Here are the key numbers: Loss per share: $1.57 vs. $1.66, per Refinitiv estimates Revenue: $955.6 million vs. $915 million, per Refinitiv estimates
Lire la suite »