When discussing the disappointing results for the second quarter by South Korean vendors Samsung Electronics Co. or LG Electronics Co. Ltd., one has to begin by noting the robust performances …
Quarterly Earnings
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SCHAUMBURG, Ill.—Shares of Motorola Inc. inched upward after the company unveiled plans to step up its stock buy-back plan. Motorola said it will spend $1.2 billion to buy back its …
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REDMOND, Wash.—Microsoft Corp.’s Mobile and Embedded Devices division achieved profitability for the first time, the company announced. The division houses the company’s smart phone efforts. Microsoft’s division logged an operating …
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FORT WORTH, Texas—A slight increase in wireless sales wasn’t enough to offset lagging overall sales and an expensive turnaround program for RadioShack Corp. during the second quarter. The electronics retailer …
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STOCKHOLM, Sweden—Shares of L.M. Ericsson dipped after the infrastructure provider posted a slight decline in second-quarter net profit due to its recent acquisition of Marconi Corp. Ericsson said its profit …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …
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MOUNTAIN VIEW, Calif.—Shares of VeriSign Inc. lost ground despite a rebound in the company’s mobile content business during the second quarter. The network infrastructure and wireless content company said its …
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SCHAUMBURG, Ill.—With unexpectedly strong growth in its second-quarter earnings boosting Motorola Inc.’s fortunes, the handset vendor plans to feed the buzz by launching an undisclosed number of much-anticipated new handset …
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MINNEAPOLIS—ADC Telecommunications Inc. said it expects its sales from continuing operations for 2006 to come in lower than it previously predicted. Sales are expected to be between $1.28 billion and …
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SAN DIEGO—Qualcomm Inc. reported third-quarter results of $1.95 billion in revenue and $643 million in net income, increases of 44 percent and 15 percent, respectively, from the year-ago quarter. The …
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SEOUL, South Korea— LG Electronics Co. Ltd. reported a net loss of $10.1 million on static sales of $6.1 billion in the second quarter on lackluster handset shipments and poor …
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ATLANTA—Mobile television provider SmartVideo Technologies Inc. said it raised $9 million in a private placement. SmartVideo delivers video programming to users with smart phones and laptop computers, and boasts relationships …
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The competitive landscape for the world’s top five mobile-phone vendors at mid-year has come into clearer focus with second-quarter earnings already reported or expected this week. The plot has thickened …
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SEOUL, South Korea—Samsung Electronics Co. Ltd., the world’s third-largest mobile handset vendor, said revenue from mobile-phone sales fell 4.5 percent to $4.2 billion from the year-ago quarter on shipments of …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …
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SANTA CLARA, Calif.—Wireless mesh network equipment vendor SkyPilot Networks said it raised $21 million in its latest funding round led by August Capital. Current investors including Mobius Venture Capital, Invesco …
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LONDON—Sony Ericsson Mobile Communications L.P. announced that its earnings for the second quarter—$181 million—nearly doubled its earnings from the year-ago quarter, while revenue increased more than 40 percent and handset …
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EMERYVILLE, Calif.—MobiTV Inc. said it snared a whopping $70 million in a Series C financing round led by Oak Investment Partners. The three-year-old wireless video provider said it will use …
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COPPELL, Texas—Shares of CellStar Corp. jumped after the company reported a profitable quarter and unveiled a distribution agreement with LG Electronics Co. Ltd. The wireless distributor reported a net income …
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HYDERABAD, India—Two wireless companies, IMImobile and Cellfire Inc., announced new venture-capital funding this week. IMImobile, which sells technology platforms and content-aggregation services, said it received a $10 million investment from …
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MURRAY HILL, N.J.—For the second time this year, Lucent warned of lower sales prior to releasing quarterly results. The company said it expects to post third-quarter earnings of $2.04 billion, …
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OKLAHOMA CITY—Dobson Communications Corp. released positive preliminary customer numbers for its most recent quarter as well as an 18 percent improvement in its churn rate compared with the same period …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …
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FRAMINGHAM, Mass.—NMS Communications said it expects to report disappointing second-quarter revenues and earnings results when it releases its full financial report later this month. Revenues are expected to be between …
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SAN DIEGO—Wireless modem maker Novatel Wireless Inc. announced a bullish outlook for its second quarter by raising its revenue guidance above $44 million, up from a previous guidance of $40 …
