Tagged With "loss"
Topic
Sharp may spin off LCD unit, seek investment from govt-backed fund - source
TOKYO (Reuters) - Loss-making Japanese electronics maker Sharp Corp may spin off its LCD panel business and seek funding for it from the government-backed Innovation Network Corporation of Japan (INCJ), a source familiar with the plan said on...
Topic
Sharp says no plans to exit solar battery, home LED businesses
(Reuters) - Loss-making Sharp Corp ( 6753.T ) said on Friday it is not considering exiting the solar battery or home-use LED businesses, denying a Mainichi newspaper report it will withdraw from those operations as part of its restructuring. ...
Topic
Toshiba: What's going wrong?
The Japanese industrial giant has had about 45% of its value wiped off since 26 December. That came after it warned of a heavy one-off loss at its nuclear business that some expect to near $6bn (£4.7bn). It has dealt a huge blow to the company as it tries to move on from a profit-inflating scandal. What has gone wrong? Most people still recognise the name Toshiba for its electrical products but that is no longer at the heart of its business. It no longer makes televisions for export, for...
Topic
Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei
FILE PHOTO - The logo of Toshiba is pictured on its flash memory factory, seen during a media tour in Yokkaichi, western Japan September 9, TOKYO (Reuters) - Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen ($3.52 billion) in the nine months through December, the Nikkei reported on Sunday. The loss is largely due to a goodwill impairment of around 600 billion yen on a U.S. nuclear unit that came to light in late 2016. During the year-earlier...
Topic
Ringdale Joins IDC's Annual UK Security Conference to Address Companies' GDPR Compliance Challenges Within Their Office Printing Environments
BURGESS HILL, England , February 15, 2018 /PRNewswire/ -- Ringdale, the inventor and provider of FollowMe, the leading Data Loss Prevention (DLP) solution for printer fleets, will be attending IDC's Annual UK Security Conference, 14th - 15th March, London, United Kingdom . (Logo: http://mma.prnewswire.com/media/476805/FollowMe_Ringdale_Logo.jpg ) In anticipation of the General Data Protection Regulation (GDPR) deadline ( 25th May 2018 ), attendance for the event is set to top previous years,...
Topic
Business Hit with Six-fold Increase in Cybersecurity Losses in Past Year
A recent study by insurer Hiscox has revealed a six-fold increase in cybersecurity losses among businesses targeted in the past year, increasing from a median $10,000 (£8,051) per firm to $57,000 (£45,892). The international study, using findings from 5,569 companies across eight countries, shows a $1.2 billion rise in cyber losses to almost $1.8 billion, with the most heavily-targeted sectors being financial services, manufacturing and technology, media and telecoms (TMT). However, there...
Topic
Riso reports last quarter’s earnings
Riso reports last quarter’s earnings For Q1 of 2020, total revenue down 30% to $125 million o Revenue in Americas down 37% to $5.65 million o Loss of $2.75 million - Net income down 92% to $427,000 - Has $136 million cash on hand - Expects to incur a net loss of $13 million for fiscal year
Topic
Xerox Posts $US 2 Billion Revenue Loss
Xerox Posts $US 2 Revenue Loss During COVID19 Reported on Wide Format Online Full year 2020 revenue was $7 Billion Full year 2019 revenue was $9.1 Billion 22.5% loss in revenue Expect to return to growth in 2021 Still delivered positive earnings per share Restructure it's software offerings in 2021 Will establish a $250 million corporate venture capital fund for investment with start-ups, early & mid-stage growth companies
Topic
Xerox Releases First-Quarter Results, Affirms Guidance
Increased demand drives equipment revenue and IT Services growth, company poised to capitalize on economic recovery Financial Summary $1.71 billion of revenue, down 8.1 percent year-over-year or 10.4 percent in constant currency. GAAP earnings per share (EPS) of $0.18, up $0.21 year-over-year, and adjusted EPS of $0.22, up $0.01 year-over-year. Adjusted operating margin of 5.2 percent, up 50 basis points year-over-year. $117 million of operating cash flow, down $56 million year-over-year.