News Posts matching "Earnings"

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Ubisoft's Microtransactions Surpass Digital Games Sales in Earnings

Ubisoft has announced on its latest Q2 financials that earnings from microtransactions have exceeded proceeds from digital game sales. Digital revenue increased by a very respectable 69%, but Ubisoft says that Player Recurring Investment (PRI), or the sale of in-game items, DLC, season passes, and subscriptions, increased by a staggering 83% year-over-year, being responsible for €175 million (~$202.6 million) earned during the first two quarters of the year. This amounts to a cool 51% of total digital income, which means that actual digital games sales earned less than DLCs and microtransactions.

Total sales across both Q1 and Q2 came in at €466.2 million (~$539.9 million), up 60% year-over-year, but that's hardly the key point to this story. The key point here is that while a company that heavily focuses on linear, story-driven, single player games has just announced a 25% reduction in its workforce, Ubisoft has just announced tremendous games seemingly on the back of microtransactions and DLC, or, as the company puts it, Player Recurring Investment. We can say what we will regarding the chronicle of an announced death for story-driven single player games, but one fact remains: players love microtransactions, even as there's a universal understanding of loathing towards them.

Sources: Ubisoft Earnings PDF, via Gamasutra, Ubisoft Earnings Presentation PDF

Microsoft Releases FY17 Q3 Earnings - Azure Revenue Increases 93%

Microsoft just reported earnings for the last quarter, with the company reporting non-GAAP revenue of $23.6 billion and non-GAAP earnings per share of $0.73. YoY, Microsoft reported increased earnings per share of $0.11, from $0.62 in last year's quarter. Microsoft's "Intelligent Cloud" business hit $6.8 billion this quarter, up 11 percent from last year's $6.1 billion, and on its way to Microsoft's estimated $20 billion run rate by 2018. Azure revenue was up a staggering 93 percent, driven both by increased demand for the core Azure compute services as well as Azure's premium services. Azure's annual run rate is now $15.2 billion, which puts it on track to hit the $20 billion run rate Microsoft expects to achieve by 2020.

Intel Announces Q4 2016 and Full-Year Revenues - Record Q4, YOY

Intel today announced their quarterly earnings for Q4 of the 2016 fiscal year. The company set a new record for revenue for this quarter, coming in at $16.4 billion (up 10% from a year ago, which stood at $14.9B). For the year, Intel brought in $59.4 billion, up 7% from their 2015 results. Intel's gross margin fell, though, by 1.7 points down to a still hugely respectable 60.9%, with operating income of $12.9 billion, down 8% from a year ago. Net income was down 10% to $10.3 billion, and earnings per share fell 9% to $2.12. Intel announced a record annual cash flow from operations of $21.8 billion, with solid earnings with GAAP net income of $10.3 billion, and non-GAAP net income of $13.2 billion.

Leaving the corporate numbers talk behind us for a moment, this means that Intel managed to have another astounding year, with solid execution and even more solid margins and revenues. However, take a peek under the hood, and Intel's wins are based on consumer losses: lower volumes in almost all channels were offset by higher average selling prices (ASP), meaning that Intel is (like any company on the top would) keeping its revenue streams up by charging more for its products.

AMD's Q3 2016 Earnings Call - Revenue is Up, Debt is Down

AMD today released their earnings call for 3Q 2016, giving us some interesting tidbits in regards to their financial robustness. The balance of AMD's economics seems to be pending towards better execution, and, coeteris paribus, a much better outlook for the coming quarters, after the monumental missteps in the past that almost threw AMD under the proverbial bus. Reception for the results seems to be a tangled mess, however, with some sides claiming that AMD beat expectations, while others prefer to draw attention to AMD's 2% stock decline since the report was outed.

AMD posted revenue of $1,307 million, up 27% sequentially and 23% year-over-year. This revenue was distributed unevenly through AMD's divisions, though. "Computing and Graphics" segment revenue was $472 million, up 9% from Q2 2016, primarily due to increased GPU sales (where Polaris picked up the grunt of the work, being responsible for 50% of AMD's GPU revenue), offset by lower sales of client desktop processors and chipsets; whereas "Enterprise, Embedded and Semi-Custom" segment revenue was $835 million, up 41% sequentially, primarily due to record semi-custom SoC sales (such as those found in Microsoft's XBOX One and Sony's PS4 and upcoming PS4 Pro).

Microsoft Reports $20 Billion in Revenue for Q3 of FY2016

Microsoft Corp. today announced the following results for the quarter ended March 31, 2016:
  • Revenue was $20.5 billion GAAP, and $22.1 billion non-GAAP
  • Operating income was $5.3 billion GAAP, and $6.8 billion non-GAAP
  • Net income was $3.8 billion GAAP, and $5.0 billion non-GAAP
  • Earnings per share was $0.47 GAAP, and $0.62 non-GAAP
"Organizations using digital technology to transform and drive new growth increasingly choose Microsoft as a partner," said Satya Nadella, chief executive officer at Microsoft. "As these organizations turn to us, we're seeing momentum across Microsoft's cloud services and with Windows 10."

Cisco Reports First Quarter Earnings

Cisco, the worldwide leader in networking that transforms how people connect, communicate and collaborate, today reported its first quarter results for the period ended October 27, 2012. Cisco reported first quarter net sales of $11.9 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.1 billion or $0.39 per share, and non-GAAP net income of $2.6 billion or $0.48 per share.

"We delivered record results this quarter -- with revenue growth of 6 percent and strong earnings per share growth -- demonstrating our vision and strategy are working," said John Chambers, chairman and chief executive officer, Cisco. "Our innovation engine, operational discipline and on-going evolution are enabling us to differentiate in the market."

Samsung Electronics Announces Third Quarter 2012 Earnings Results

Samsung Electronics Co., Ltd. today announced revenues of 52.18 trillion Korean won on a consolidated basis for the third quarter ended September 30, 2012, a 26-percent increase year-on-year. For the quarter, the company's consolidated operating profit reached an all-time high of 8.12 trillion won, representing a 91-percent increase year-on-year. Consolidated net profit for the July-September period was 6.56 trillion won.

In its earnings guidance disclosed on October 5, Samsung estimated third quarter consolidated revenues would reach approximately 52 trillion won with consolidated operating profit of approximately 8.1 trillion won. Samsung's solid performance is mainly attributed to increased sales of handheld phones and stronger demand for display panels. The Mobile Communications Business posted 26.25 trillion won in revenue for the quarter, accounting for more than half of Samsung's total revenue. As for the display panel segment, increased shipments of Organic Light-Emitting Diode (OLED) and Liquid Crystal Display panels used in tablets and smartphones, as well as TVs drove up profitability.

Samsung Electronics Announces First Quarter 2012 Earnings Results

Samsung Electronics Co., Ltd. today announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year.

For the quarter, the company's consolidated operating profit reached an all-time high of 5.85 trillion won representing a 98-percent increase year-on-year. Consolidated net profit for the January-March period was 5.05 trillion won.

Despite a decrease in sales of semiconductor chips and TVs due to seasonal factors, an increase in profitability in display panels and mobile phones pushed up quarterly operating profit margins by 1.7 percentage points to 12.9 percent.

Microsoft Announces Quarterly Earnings Release Date and Notes Upcoming Events

Microsoft Corp. will release fiscal year 2009 second-quarter financial results after the close of the market on Thursday, Jan. 22, 2009. A live webcast of the earnings conference call will be made available at 2:30 p.m. Pacific Time on the Microsoft Investor Relations Website.

The company will also host the following event for the financial community:

Financial Analyst Briefing at the 2009 International CES Conference

Thursday, January 8, 2009, 3:00 p.m. PST, Robbie Bach, president, Entertainment and Devices Division

Interested parties can listen to a webcast of this event on Microsoft’s Investor Relations Website.Source: Microsoft

Intel Posts Record Third-Quarter Revenue of $10.2 Billion

Intel Corporation today announced record third-quarter revenue of $10.2 billion along with operating income of $3.1 billion, net income of $2 billion and earnings per share (EPS) of 35 cents.

"Intel delivered the best third-quarter revenue in its history," said Paul Otellini, Intel president and CEO. "We were solidly profitable, with operating income of over $3 billion, reflecting strong across-the-board execution and best-of-class products."

To read the complete earnings release, click here.Source: Intel
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