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Bank of America Reports $4.2 Billion in Q1 Earnings

Earnings Exceed All of 2008

CHARLOTTE, N.C., April 20 -- Bank of America Corporation today reported first-quarter 2009 net income of $4.2 billion. After preferred dividends, including $402 million paid to the U.S. government, diluted earnings per share were $0.44.

Those results compared with net income of $1.2 billion, or diluted earnings per share of $0.23 after preferred dividends, during the same period last year.    » read more »

Citi Reports First Quarter Revenues of $24.8 Billion

Net Income of $1.6 Billion, Loss Per Share of $0.18

New York, NY, April 17, 2009 — Citigroup Inc. (NYSE: C) today reported net income for the first quarter of 2009 of $1.6 billion and a loss per share of $0.18, based on 5,385 million shares outstanding. Revenues of $24.8 billion were driven by strong results in the Institutional Clients Group, partially offset by net write-downs. Results also include $7.3 billion in net credit losses and a $2.7 billion net loan loss reserve build.    » read more »

PACCAR Announces Second Quarter 2008 Revenues and Earnings

Strong International and Aftermarket Parts Business Capital Investments Generate Efficiency Gains

Bellevue, Washington, July 22, 2008 – "PACCAR reported very good revenues and net income for the second quarter of 2008," said Mark C. Pigott, chairman and chief executive officer. "PACCAR benefited from balanced global diversification, with over 65 percent of revenues originating outside the U.S. and continued solid performance from the company’s aftermarket parts and financial services businesses. Robust demand for PACCAR products in Europe and international markets continues to generate excellent earnings and provide opportunities for growth, tempered by the continued softness in the U.S. and Canadian truck markets."    » read more »

NII Holdings Posts Record Second Quarter 2008 Results

Company achieves record results for net subscriber additions, operating revenues and operating income before depreciation and amortization

RESTON, Va., July 23, 2008 -- NII Holdings, Inc. (Nasdaq: NIHD) today announced its consolidated financial results for the second quarter of 2008. For the second quarter, the Company added 394,500 net subscribers, a new quarterly record resulting in an ending subscriber base of over 5.4 million subscribers, a 34% increase over the subscriber base reported at the end of the second quarter of 2007. Financial results for the second quarter of 2008 included consolidated operating revenues of $1.1 billion, a new quarterly record representing a 40% increase over the same period last year.

Highlights:    » read more »

Logitech Announces Record Q1 2008 Financial Results

Q1 Revenue Up 18%, Operating Income Up 24%

FREMONT, Calif., July 21, 2008 and ROMANEL-SUR-MORGES, Switzerland, July 22, 2008 — Logitech International (SWX: LOGN) (Nasdaq: LOGI) today announced financial results for the first quarter of Fiscal Year 2009. Sales for Q1 were $509 million, up 18 percent from $430 million in the same quarter last year. Operating income was $30 million, up 24 percent from $24 million for the same quarter a year ago. Net income was $29 million ($0.16 per share) compared to $26 million ($0.14 per share) in Q1 of FY 2008. Gross margin was 34.1 percent, compared to 33.7 percent in Q1 of FY 2008. Cash flow from operations was $44 million, up by more than three times compared to Q1 of FY 2008.    » read more »

Sigma-Aldrich Reports 16.7% Gain in Second Quarter 2008 Diluted EPS

Q2 2008 Sales Rise 14.4%. 2008 Diluted EPS Forecast Raised $.05 to $2.62-$2.72

ST. LOUIS, July 22, 2008 -- Sigma-Aldrich (Nasdaq: SIAL) 2008 Q2 Highlights:
2008 Results (all percentage comparisons are to comparable periods in 2007):    » read more »

XM Satellite Radio Announces Second Quarter 2008 Results

Net Loss Narrows on Increased Revenue and Lower Subscriber Acquisition Costs

WASHINGTON, July 22, 2008 -- XM Satellite Radio Holdings Inc. (NASDAQ: XMSR) today announced earnings for the three-month period ended June 30, 2008. Revenue for the second quarter 2008 rose to $318 million, a nearly 15 percent increase over second quarter 2007 revenue of $277 million.

Highlights:
- Fifth Consecutive Quarter of Record Automotive Additions
- Second Quarter Ending Subscribers Grow 17% Year over Year to Exceed 9.6 Million    » read more »

Yahoo! Reports Second Quarter 2008 Financial Results

Highlights:
Revenues - $1,798 Million
Operating Income - $101 Million
Operating Income Before Depreciation, Amortization, and Stock-Based Compensation Expense - $427 Million

SUNNYVALE, Calif., July 22, 2008 - Yahoo! Inc. (Nasdaq: YHOO) today reported results for the second quarter ended June 30, 2008.    » read more »

Cadence Design Systems Reports Q2 2008 Revenue of $329 Million

SAN JOSE, Calif., July 23, 2008 -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today reported second quarter 2008 revenue of $329 million, compared to revenue of $391 million reported for the same period in 2007. On a GAAP basis, Cadence recognized net income of $5 million, or $0.02 per share on a diluted basis, in the second quarter of 2008, compared to net income of $60 million, or $0.20 per share on a diluted basis, in the same period in 2007.    » read more »

Check Point Software Reports Second Quarter 2008 Financial Results

Revenue: $199.6 Million - 13% growth year over year

REDWOOD CITY, Calif., July 22, 2008 — Check Point® Software Technologies Ltd. (NASDAQ: CHKP), the worldwide leader in securing the Internet, today announced its financial results for the second quarter ended June 30, 2008.

Highlights:
* Products & Licenses Revenue: $85.0 Million - 16% growth year over year
* Deferred Revenue: $279.2 Million - 18% growth year over year
* Non-GAAP EPS: $0.43 - 12% growth year over year    » read more »

Citrix Systems Reports Second Quarter 2008 Earnings Results

Year-over-year Quarterly Revenue Growth of 17%; GAAP Diluted Earnings Per Share of $0.18; Non-GAAP Diluted Earnings Per Share of $0.38

FORT LAUDERDALE, Fla., 7/23/2008 -- Citrix Systems, Inc. (NASDAQ:CTXS), the global leader in Application Delivery Infrastructure, today reported financial results for the second quarter of fiscal 2008 ended June 30, 2008.

FINANCIAL RESULTS
In the second quarter of fiscal 2008, Citrix achieved revenue of $392 million, compared to $334 million in the second quarter of fiscal 2007, representing 17 percent revenue growth.

GAAP Results
Net income for the second quarter of fiscal 2008 was $35 million, or $0.18 per diluted share, compared to $53 million, or $0.29 per diluted share, for the second quarter of 2007.

Non-GAAP Results    » read more »

Genzyme Corporation Reports Strong Growth in Second Quarter 2008

Genzyme Delivers Solid Financial Performance While Building for the Future

July 23, 2008 -- Genzyme Corporation (NASDAQ: GENZ) today reported strong sales and profit growth in the second quarter, along with significant progress in its commercial and clinical programs.

Revenue increased 25 percent to approximately $1.171 billion from $933.4 million in last year’s second quarter. The increase was driven by growth across all areas of the business.

GAAP net income was $69.6 million, or $0.25 per diluted share, compared with $83.8 million, or $0.31 per diluted share, in the second quarter a year ago. GAAP net income reflects the fee for the license to mipomersen, a highly promising cholesterol-lowering drug in late-stage development.    » read more »

Research In Motion Limited Reports First Quarter 2008 Results

Waterloo, ON, June 25, 2008 – Research In Motion Limited (RIM) (Nasdaq: RIMM; TSX: RIM), a world leader in the mobile communications market, today reported first quarter results for the three months ended May 31, 2008 (all figures in U.S. dollars and U.S. GAAP).

Revenue for the first quarter of fiscal 2009 was $2.24 billion, up 19% from $1.88 billion in the previous quarter and up 107% from $1.08 billion in the same quarter of last year. The revenue breakdown for the quarter was approximately 82% for devices, 13% for service, 3% for software and 2% for other revenue. During the quarter, RIM shipped approximately 5.4 million devices.    » read more »

Oracle Corporation Reports Q4 GAAP EPS Up 27% to 39 Cents, Non-GAAP EPS Up 27% to 47 Cents

Q4 Applications New License Revenues Up 36%, Q4 Technology New License Revenues Up 23%

REDWOOD SHORES, Calif., 25 JUNE 2008 -- Oracle Corporation (NASDAQ: ORCL) today announced that fiscal 2008 Q4 GAAP earnings per share were up 27% to $0.39, compared to the same quarter last year. Fourth quarter GAAP revenues were up 24% to $7.2 billion, while quarterly GAAP net income was up 27% to $2.0 billion. Total GAAP software revenues were up 26% to $6.0 billion. GAAP new software license revenues were up 27% with database and middleware new license revenues up 23% and applications new license revenues up 36%. GAAP software license updates and product support revenues were up 25% to $2.8 billion. GAAP service revenues were up 18% to $1.3 billion.    » read more »

Ericsson Reports Lower Than Expected Result For Third Quarter 2007

October 16, 2007 -- Ericsson (NASDAQ:ERIC) expects sales of SEK 43.5 b., an operating income of SEK 5.6 b. and a cash flow of SEK -1.6 b. for the third quarter 2007. This is below the company's own as well as current market expectations and primarily a result of an unexpected shift in the business mix.    » read more »

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