Q2 Earnings
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Reliance Jio True 5G Network Extends Battery Life by Up to 40 Percent, Claims Official
Reliance Jio’s True 5G network can improve the smartphone’s battery life by up to 40 percent, a company official highlighted during the company’s earnings call for the second quarter (Q2) of FY25. The telecommunications provider leverages a standalone (SA) architecture along with other technical features for its 5G services in India and assig...
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Take-Two Not Concerned About Potential GTA 6 Performance Issues on Xbox Series S
The lower-end Xbox Series S has run into hardware bottlenecks in the past when it comes to new releases, and concerns have been raised about whether the console would be able to run GTA 6 without problems. Take-Two Interactive CEO Strauss Zelnick has now downplayed those concerns, saying he is “not worried” about GTA 6 performance on Xbox Serie...
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EA CEO Suggests Apex Legends 2 Not Part of Plans as Season 22 Falls Short of Expectations
Electronic Arts is likely not looking to work on an Apex Legends sequel, the company suggested at its 2024 second-quarter earnings call on Tuesday. EA CEO Andrew Wilson said that a second iteration of a live service title was almost never as successful as the first version.
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TCS Cancels Q2 Earnings Press Conference After Ratan Tata's Death
Tata Consultancy Services will release its second-quarter results today. But the firm has cancelled its press conference this evening to announce its performance, which would have coincided with the last rites of the conglomerate's chairman emeritus.
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Reddit Announces Plans for Testing AI-Powered Summaries for Search Result Pages
Reddit will begin testing summaries generated using artificial intelligence (AI) for content, the company announced during its earnings call with investors on Tuesday. The AI-powered summaries will appear at the top of the search result pages. Courtesy of this feature, Reddit aims to help users “dive deeper” into the platform’s content, inclu...
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Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
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Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6 percent drop in total quarterly revenue.
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Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
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Samsung Electronics Expects Q2 Profit to Drop More Than 95 Percent Amid Ongoing Chip Glut
Samsung Electronics reported a likely 96 percent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut. Samsung estimated its operating profit fell to KRW 600 billion(roughly Rs. 3,795 crore) in April to June in April to ...
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TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy
TSMC on Thursday predicted a drop of up to 16 percent in Q2 sales as the Apple supplier struggles to clear its inventory amid a weakening global economy. The company's CEO C.C. Wei said he expects business in the second half of 2023 to be better than the first six months.
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SpiceJet Reports Loss Of Rs 577.7 Crore In Q2
SpiceJet posted a net loss of Rs 577.7 crore for the quarter ended September.
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Reliance Capital Reverses Losses Reports Rs 215 Crore Profit In Q2
Reliance Capital, which is undergoing insolvency process, posted a consolidated net profit of Rs 215.23 crore for the quarter ended September 2022.
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Adani Power Reports Rs 696 Crore Profit In Q2 On Higher One-Time Income
Adani Power on Friday posteda consolidated net profit of Rs 696 crore for September quarter 2022-23, mainly due to higher one-time income.
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Toshiba Cuts Annual Profit Outlook After 75 Percent Plunge in Q2 Earnings
Toshiba on Friday said that it was cutting its annual operating profit outlook after the company reported dismal second-quarter profit. The Japanese firm reported a 75 percent fall in Q2 profit, and said it was impacted by a slew of factors including a slump in the hard disk drive market and an appraisal loss following a fall share prices in the co...
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Mahindra And Mahindra Reports 44% Jump In Q2 Profit
Mahindra and Mahindra reported a sharp 46% jump in second-quarter profit on Friday on strong demand for the Indian automaker's passenger vehicles.
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Reliance Jio True 5G Network Extends Battery Life by Up to 40 Percent, Claims Official
Reliance Jio’s True 5G network can improve the smartphone’s battery life by up to 40 percent, a company official highlighted during the company’s earnings call for the second quarter (Q2) of FY25. The telecommunications provider leverages a standalone (SA) architecture along with other technical features for its 5G services in India and assig...
-
Take-Two Not Concerned About Potential GTA 6 Performance Issues on Xbox Series S
The lower-end Xbox Series S has run into hardware bottlenecks in the past when it comes to new releases, and concerns have been raised about whether the console would be able to run GTA 6 without problems. Take-Two Interactive CEO Strauss Zelnick has now downplayed those concerns, saying he is “not worried” about GTA 6 performance on Xbox Serie...
-
EA CEO Suggests Apex Legends 2 Not Part of Plans as Season 22 Falls Short of Expectations
Electronic Arts is likely not looking to work on an Apex Legends sequel, the company suggested at its 2024 second-quarter earnings call on Tuesday. EA CEO Andrew Wilson said that a second iteration of a live service title was almost never as successful as the first version.
-
TCS Cancels Q2 Earnings Press Conference After Ratan Tata's Death
Tata Consultancy Services will release its second-quarter results today. But the firm has cancelled its press conference this evening to announce its performance, which would have coincided with the last rites of the conglomerate's chairman emeritus.
-
Reddit Announces Plans for Testing AI-Powered Summaries for Search Result Pages
Reddit will begin testing summaries generated using artificial intelligence (AI) for content, the company announced during its earnings call with investors on Tuesday. The AI-powered summaries will appear at the top of the search result pages. Courtesy of this feature, Reddit aims to help users “dive deeper” into the platform’s content, inclu...
-
Apple CEO Tim Cook Talks About India in Q2 Earnings Call, Says It’s an ‘Incredibly Exciting Market’
Apple CEO Tim Cook made several call-outs to India during the company’s quarterly earning calls, specifically highlighting the country as an exciting market and an opportunity for it to expand further. The Cupertino-based tech giant has been heavily investing in India in recent years. Cook also revealed that the company made a quarterly revenue r...
-
Apple to Likely See iPhone Sales Dip, Could Record 1.6 Percent Drop in Total Quarterly Revenue
Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it is using artificial intelligence to augment growth, analysts said. It may also report a likely 1.6 percent drop in total quarterly revenue.
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Meta's Facebook Reports 3.03 Billion Monthly Active Users in Q2 2023, Posts Strong Rise in Advertising Revenue
Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by reviving digital ad business. Meta reported a profit of $7.8 billion (roughly Rs. 63,949 crore) on $32 billion (roughly Rs. 2,62,358 crore) in revenue during Q2, as the number of people using Facebook monthly rose to 3.03 billion.
-
Samsung Electronics Expects Q2 Profit to Drop More Than 95 Percent Amid Ongoing Chip Glut
Samsung Electronics reported a likely 96 percent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut. Samsung estimated its operating profit fell to KRW 600 billion(roughly Rs. 3,795 crore) in April to June in April to ...
-
TSMC Forecasts Up to 16 Percent Drop in Q2 Sales Amid Struggles to Clear Inventory, Weak Global Economy
TSMC on Thursday predicted a drop of up to 16 percent in Q2 sales as the Apple supplier struggles to clear its inventory amid a weakening global economy. The company's CEO C.C. Wei said he expects business in the second half of 2023 to be better than the first six months.
-
SpiceJet Reports Loss Of Rs 577.7 Crore In Q2
SpiceJet posted a net loss of Rs 577.7 crore for the quarter ended September.
-
Reliance Capital Reverses Losses Reports Rs 215 Crore Profit In Q2
Reliance Capital, which is undergoing insolvency process, posted a consolidated net profit of Rs 215.23 crore for the quarter ended September 2022.
-
Adani Power Reports Rs 696 Crore Profit In Q2 On Higher One-Time Income
Adani Power on Friday posteda consolidated net profit of Rs 696 crore for September quarter 2022-23, mainly due to higher one-time income.
-
Toshiba Cuts Annual Profit Outlook After 75 Percent Plunge in Q2 Earnings
Toshiba on Friday said that it was cutting its annual operating profit outlook after the company reported dismal second-quarter profit. The Japanese firm reported a 75 percent fall in Q2 profit, and said it was impacted by a slew of factors including a slump in the hard disk drive market and an appraisal loss following a fall share prices in the co...
-
Mahindra And Mahindra Reports 44% Jump In Q2 Profit
Mahindra and Mahindra reported a sharp 46% jump in second-quarter profit on Friday on strong demand for the Indian automaker's passenger vehicles.
