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quarter: search

Novell's Linux business Posting Big Numbers

Novell, Inc. today announced financial results for its second fiscal quarter ended April 30, 2008. For the quarter, Novell reported net revenue of $236 million. This compares to net revenue of $232 million for the second fiscal quarter 2007. Income from operations for the second fiscal quarter 2008 was $2 million, compared to a loss from operations of $12 million for the second fiscal quarter 2007. Income from continuing operations in the second fiscal quarter 2008 was $6 million, or $0.02 per share. This compares to a loss from continuing operations of $1 million, or $0.00 loss per share, for the second fiscal quarter 2007. Foreign currency exchange rates favorably impacted revenue by $8 million, unfavorably impacted operating expenses by $9 million and negatively impacted income from operations by $1 million yearover- year.

Napster Q4 net loss narrows; Revenues Grow - update

(RTTNews) - Online music retailer Napster, Inc. (NAPS) on Wednesday reported a narrower loss for the fourth quarter, helped by an increase in revenue and subscribers and lower expenses. The company also provided revenue outlook for the first quarter that is below current Street estimates. The company posted a net loss of $4.3 million or $0.10 per share, compared to a net loss of $8.5 million or $0.20 per share in the prior year quarter. On average, ten analysts polled by First Call/Thomson Financial expected a loss of $0.13 per share for the fourth quarter. Net revenue for the fourth quarter increased 6% to $30.8 million from $29.1 million in the same quarter last year. Ten analysts had a consensus revenue estimate of $30.70 million for the fourth quarter.

LookSmart Announces Preliminary Second Quarter Revenue Results; Will Report Full Second Quarter Results on August 5

SAN FRANCISCO - (Business Wire) LookSmart, Ltd. (NASDAQ:LOOK), an online search advertising network and technology solutions company, today announced that based on a preliminary evaluation of the second quarter of 2008, the Company expects to report total revenue of between $17.0 million and $17.1 million, which represents a 16% - 17% increase over second quarter 2007 revenue of $14.6 million (which included $1.1 million derived from certain of the Company's consumer assets sold or retired in 2007) . This result is preliminary and therefore subject to change. The Company is still in the process of completing its review of second quarter operating results, and therefore does not yet have visibility into other results of operations.

Google announces second quarter 2008 results

Google Inc. has announced financial results for the quarter ended June 30, 2008. "Strong international growth as well as sustained traffic increases on Google's Web properties propelled us to another strong quarter, despite a more challenging economic environment," said Eric Schmidt, CEO of Google. "As we continue to focus on innovating in our core business of search, ads and apps, we also look forward to enhancing the experience of our users and expanding the reach of our advertisers and partners with new technologies and formats, particularly as our integration of DoubleClick gains momentum and creates new opportunities in display advertising and elsewhere." Google reported revenues of $5.37 billion for the quarter ended June 30, 2008, an increase of 39 percent compared to the second quarter of 2007 and an increase of 3 percent compared

Advance Nanotech Reports First Quarter 2008 Financial Results

today reported financial results for its first quarter ended March 31, 2008. This quarter was the first, full fiscal period since the Company refocused its business model from managing the development of a portfolio of early-stage nanotechnologies to developing one technology within the portfolio that has extraordinary immediate and long-term commercial potential: the Owlstone chemical detection system. Highlights from the quarter include:

Circuit City Stores, Inc. Reports First Quarter Results

today reported results for the first quarter ended May 31, 2008. "In the first quarter, we continued to see improvement in many of our operating performance measures," said Philip J. Schoonover, chairman, president and chief executive officer of Circuit City Stores, Inc. "We are rebuilding our selling culture and focusing on creating a good first and last impression with the customer. We have seen improved trends in our store close rate and in our services and accessories attachments, and we are delivering a better customer experience in our stores as evidenced by the upward trends in our third-party mystery shop scores. In short, the quarter represented improved execution and solid, steady progress towards our goals, and we expect to start to see year-over-year improvements in our financial results beginning in the second half of the yea

Buy.com First Quarter Profit Increases 138 Percent

ALISO VIEJO, Calif., May 20, 2008 (PRIME NEWSWIRE) -- Buy.com(r), the Internet Superstore(tm), today announced record profits for the first quarter of 2008 of $1.4 million compared to $568k in the first quarter of 2007. This reflects Buy.com's sixth consecutive profitable quarter.

Advance Nanotech Reports First Quarter 2008 Financial Results

Advance Nanotech, Inc. (OTC Bulletin Board: AVNA) today reported financial results for its first quarter ended March 31, 2008. This quarter was the first, full fiscal period since the Company refocused its business model from managing the development of a portfolio of early-stage nanotechnologies to developing one technology within the portfolio that has extraordinary immediate and long-term commercial potential: the Owlstone chemical detection system. Highlights from the quarter include:

Advance Nanotech Reports First Quarter 2008 Financial Results

NEW YORK, May 19 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc. (OTC Bulletin Board: AVNA) today reported financial results for its first quarter ended March 31, 2008. This quarter was the first, full fiscal period since the Company refocused its business model from managing the development of a portfolio of early-stage nanotechnologies to developing one technology within the portfolio that has extraordinary immediate and long-term commercial potential: the Owlstone chemical detection system. Highlights from the quarter include:

Advance Nanotech Reports First Quarter 2008 Financial Results

NEW YORK, May 19 /PRNewswire-FirstCall/ -- Advance Nanotech, Inc. (OTC Bulletin Board: AVNA - News) today reported financial results for its first quarter ended March 31, 2008. This quarter was the first, full fiscal period since the Company refocused its business model from managing the development of a portfolio of early-stage nanotechnologies to developing one technology within the portfolio that has extraordinary immediate and long-term commercial potential: the Owlstone chemical detection system. Highlights from the quarter include:

North American Robot Orders Decline 17% in First Quarter

May 23, 2008 - According to robotic companies, new orders sold to North American manufacturers fell 17% in 1st quarter of 2008 from same quarter in 2007, but revenue rose 5%. However, orders to non-automotive companies jumped 36%. Total of 3,828 robots valued at $288.1 million were sold in opening quarter by North American based robotics companies. RIA hopes to foster increased growth in non-automotive sectors when it sponsors its upcoming Robots 2008 conference in Boston, June 10-12.

South Korean LG Electronics posts profits up in second quarter

Seoul - South Korean concern LG Electronics posted profits for the second quarter up 84 per cent on the basis of strong demand for mobile phones and flat-screen television sets, in figures published Monday. The country's second-largest electronics maker said profits for the quarter had come in at 707 billion won (700 million dollars) up from 385 billion won in the same quarter last year.

Books-A-Million web sales rise 3% for the first quarter

Books-A-Million Inc. reported web revenue increased 3% to $6.3 million in the first quarter ended May 3, 2008, from $6.1 million in the same quarter in 2007. Comparable store sales decreased $3.6 million, or 3.4% in the same period to $102 million, vs. the first quarter of 2007.

EBay quarterly profit rises, but shares fall on outlook

Online auction house eBay Inc. said yesterday that its second-quarter profit jumped 22 per cent, as the company enjoyed strong growth in its e-commerce sites and its PayPal payments service. But eBay's outlook for the current quarter was softer than analysts had been forecasting, and the company's shares fell in after-hours trading after closing up $1.21 at $28.10. EBay earned $460-million, or 35 cents a share, compared with $376-million, or 27 cents, in the year-ago quarter. Excluding certain items, eBay earned 43 cents a share. That beat Wall Street's forecast for 41 cents a share. EBay's revenue rose 20 per cent to $2.2-billion. Analysts polled by Thomson Financial had been looking for $2.17-billion. EBay expects third-quarter earnings of 30 cents to 32 cents a share, or 39 cents to 41 cents a share on an adjusted basis, and $2.

Web sales increase 4% in Q1 2009 at American Greetings

AG Interactive, the e-commerce business unit of American Greetings Corp., reported sales of $20.6 million for the first quarter of fiscal 2009, up by 4% compared with $19.9 million in the same quarter of 2008. Total revenue for the quarter was $428.3 million, an increase of 2% vs. $420 million in the prior year quarter.

Analyst: Apple boosting iPod orders, cutting Macs...

Apple is shifting the amount of stock it is ordering from manufacturers, according to FBR Capital Markets analyst Craig Berger. In conducting a survey of Apple's supply chain, Berger says he has learned that for the June quarter, the company has boosted its iPod build numbers by 15 percent over the March quarter. This leads him to believe that iPod builds will grow 35 percent quarter-over-quarter.

First quarter web sales drop by 7% at Brown Shoe

In Q1 web sales for Brown Shoe decreased by 6.8% to about $16.4 million from $17.6 million in the first quarter of 2007. Retail sales also declined for Famous Footwear and Brown Shoe’s specialty retail unit, which includes Naturalizer stores and e-commerce. In the first quarter sales for Famous Footwear declined by 1.9% to $318.8 million from $325.3 million in the prior year. Operating earnings decreased by 63.8% to $7.6 million from $21 million in the prior year.

Raymor Releases First Quarter Results of 2008

Raymor Industries Inc. (TSX VENTURE: RAR), a leading developer and producer of single-walled carbon nanotubes, nanomaterials and advanced materials, today released its first quarter 2008 unaudited financial statements, along with the company's Management Discussion and Analysis (MD&A). Raymor posted quarterly revenues of $2,335,487 a 327% increase as compared to the same period in 2007. The Company presents a net loss after depreciation and amortization of $422,627 or ($0.004 per share), as compared to a net loss after depreciation and amortization of $686,295 or ($0.007 per share) for the corresponding period in 2007. When excluding depreciation and amortization, the net loss is stated at $157,491 for the first quarter 2008 as compared to net loss of $527,361 in 2007.

eBay Inc. Reports Second Quarter 2008 Results

SAN JOSE, Calif.-- (BUSINESS WIRE) -- eBay Inc. (Nasdaq:EBAY) today reported financial results for its second quarter ended June 30, 2008. The ecommerce company posted second quarter revenue of $2.20Â billion, up $361Â million from the same period last year. Net income on a GAAP basis was $460Â million, or $0.35 per diluted share, and non-GAAP net income was $568Â million, or $0.43 per diluted share.

Robot orders decline 17% in first quarter, but jump in non-automotive sectors

North American robotics companies reported that new orders sold to North American manufacturers fell 17 percent in the first quarter of 2008 from the same quarter in 2007, but revenue rose five percent. However, orders to non-automotive companies surged, an encouraging sign for future robotics growth, according to the Robotic Industries Association (RIA).

Activision Blizzard Announces Record First Quarter Fiscal Year 2009 Activision Stand-Alone Results

SANTA MONICA, Calif., Jul 14, 2008: Activision Blizzard, Inc. (Nasdaq: ATVID) today announced that Activision's stand-alone preliminary financial results for the first quarter of fiscal year 2009, which ended on June 30, 2008, prior to the closing of the transaction with Vivendi, on July 9, 2008, were higher than Activision's previously provided first quarter outlook.


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