Q3 Earnings
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How Infosys CEO Reacted To "Stagnant Salaries, Toxic Clients" Allegations
Infosys CEO Salil Parekh addressed toxic work culture allegations during the companys Q3 earnings call on January 16.
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PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
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Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
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TCS To Take $125 Million Hit To Q3 Earnings Over US Trade Secret Lawsuit
Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by US-based Epic Systems.
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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 1.6Â percent drop in total quarterly revenue.
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John Wick 5 Is in Early Development at Lionsgate, AAA Video Game Also in the Works
John Wick 5 is in early development, as per a Lionsgate Q3 2023 earnings call. Longtime John Wick director Chad Stahelski had previously confirmed that he was open to working on a fifth film, though it’s unclear if Keanu Reeves will be replaced. Motion Picture Group chairman Joe Drake also confirmed a AAA John Wick video game to be in considerati...
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Axis Bank Completes Acquisition Of Citibank Businesses: What It Means For Customers
Axis Bank had last year announced that it is starting the process of acquiring Citibank's consumer and non-banking finance businesses in India.
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Infosys Q3 Profit Rises By $808 Million, Beats Estimates
Infosys reported a quarterly profit that beat estimates today, helped by a strong deal pipeline despite a challenging macro environment.
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Nokia Q3 Operating Profits Below Expectations Amid Strong Demand From Phone Makers, India 5G Rollout
Nokia on Thursday said that the company's Q3 operating profits, which rose EUR 658 million (roughly Rs. 5,500 crore) from EUR 633 million (roughly Rs. 5,150 crore) last year, were below market expectations. The company said that it expects growth on a constant currency basis in its markets in 2023.
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Samsung Flags 32 Percent Drop in Q3 Profits Amid Lower Demand for Electronics, Memory Chips
Samsung on Friday flagged a 32 percent drop in Q4 operating earnings, amid a fall in demand for electronic devices and memory chips, amid an economic downturn. The company's shipments of memory chips were expected to be below downgraded expectations from analysts, with priced expected to fall even further in Q4 2022. Samsung is currently not discus...
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EA Teases Four New Games for Early 2023, New Remake and Major IP Included
Electronic Arts is planning to launch four new games in Q4 FY 2022 that ends on March 31, 2023, as per its latest quarterly earnings report. These games include a "major IP", a partner title, a remake, and a sports title.
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Microsoft Says Over 10 Million People Have Streamed Games via Xbox Cloud Gaming Till Date
The Microsoft Q3 2022 earnings report revealed that Xbox gaming has accounted for 4 percent growth in content and services, while Xbox hardware revenue was up by 14 percent with an overall 6 percent boost for gaming revenue.
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Mahindra Reveals Q3 FY2022 Results: Registers 57 Per Cent Growth In Profits
Mahindra's revenue from operations for Q3 FY2022 came in at Rs. 15,238 crore, up 8.41 per cent against Rs. 14,056 crore in the year-ago period.
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TVS Motor Company Reports Highest Ever Revenue In Q3 FY 2022
TVS Motor registered yet another highest-ever operating revenue of Rs. 5,706 crore in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020.
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Paytm Q3 Revenue Rises 88% To Rs 1,456 Crore
Paytm reported widening of consolidated loss to Rs 778.5 crore in the December 2021 quarter
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How Infosys CEO Reacted To "Stagnant Salaries, Toxic Clients" Allegations
Infosys CEO Salil Parekh addressed toxic work culture allegations during the companys Q3 earnings call on January 16.
-
PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
-
Samsung Electronics Apologises for Disappointing Profit as It Struggles in AI Chips
Samsung warned its third-quarter profit would come in below market expectations and apologised for the disappointing performance. Samsung's share price, already down more than 20 percent so far this year, fell 1.3 percent, underperforming a 0.4 percent fall in the benchmark KOSPI.
-
TCS To Take $125 Million Hit To Q3 Earnings Over US Trade Secret Lawsuit
Tata Consultancy Services (TCS) on Tuesday said it would make a $125 million provision in its third-quarter results in relation to a trade secret lawsuit filed by US-based Epic Systems.
-
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 1.6Â percent drop in total quarterly revenue.
-
John Wick 5 Is in Early Development at Lionsgate, AAA Video Game Also in the Works
John Wick 5 is in early development, as per a Lionsgate Q3 2023 earnings call. Longtime John Wick director Chad Stahelski had previously confirmed that he was open to working on a fifth film, though it’s unclear if Keanu Reeves will be replaced. Motion Picture Group chairman Joe Drake also confirmed a AAA John Wick video game to be in considerati...
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Axis Bank Completes Acquisition Of Citibank Businesses: What It Means For Customers
Axis Bank had last year announced that it is starting the process of acquiring Citibank's consumer and non-banking finance businesses in India.
-
Infosys Q3 Profit Rises By $808 Million, Beats Estimates
Infosys reported a quarterly profit that beat estimates today, helped by a strong deal pipeline despite a challenging macro environment.
-
Nokia Q3 Operating Profits Below Expectations Amid Strong Demand From Phone Makers, India 5G Rollout
Nokia on Thursday said that the company's Q3 operating profits, which rose EUR 658 million (roughly Rs. 5,500 crore) from EUR 633 million (roughly Rs. 5,150 crore) last year, were below market expectations. The company said that it expects growth on a constant currency basis in its markets in 2023.
-
Samsung Flags 32 Percent Drop in Q3 Profits Amid Lower Demand for Electronics, Memory Chips
Samsung on Friday flagged a 32 percent drop in Q4 operating earnings, amid a fall in demand for electronic devices and memory chips, amid an economic downturn. The company's shipments of memory chips were expected to be below downgraded expectations from analysts, with priced expected to fall even further in Q4 2022. Samsung is currently not discus...
-
EA Teases Four New Games for Early 2023, New Remake and Major IP Included
Electronic Arts is planning to launch four new games in Q4 FY 2022 that ends on March 31, 2023, as per its latest quarterly earnings report. These games include a "major IP", a partner title, a remake, and a sports title.
-
Microsoft Says Over 10 Million People Have Streamed Games via Xbox Cloud Gaming Till Date
The Microsoft Q3 2022 earnings report revealed that Xbox gaming has accounted for 4 percent growth in content and services, while Xbox hardware revenue was up by 14 percent with an overall 6 percent boost for gaming revenue.
-
Mahindra Reveals Q3 FY2022 Results: Registers 57 Per Cent Growth In Profits
Mahindra's revenue from operations for Q3 FY2022 came in at Rs. 15,238 crore, up 8.41 per cent against Rs. 14,056 crore in the year-ago period.
-
TVS Motor Company Reports Highest Ever Revenue In Q3 FY 2022
TVS Motor registered yet another highest-ever operating revenue of Rs. 5,706 crore in the third quarter of 2021-22 as against Rs. 5,391 Crores in the third quarter ended December 2020.
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Paytm Q3 Revenue Rises 88% To Rs 1,456 Crore
Paytm reported widening of consolidated loss to Rs 778.5 crore in the December 2021 quarter
