BRIC
Dell (NASDAQ: DELL) reports Q3 EPS of $0.23, 5 cents below the analyst estimate of $0.28. Revenue for the quarter was $12.9 Billion, which compares to the estimate of $13.2 million. Shares are down over 9% today.
Highlights From DELL's Q3 Conference Call:
(CFO) We're encouraged by our Q3 results, especially in our large enterprise and SMB businesses, where we saw sequential growth for the first time in seven quarters.
We also made solid progress on our key strategic initiatives this quarter. This includes improving the cost structure of the company through our COGS efforts and continued OpEx control, executing a differentiated enterprise strategy, and delivering strong cash flow from operations.
Overall, we grew sequentially for the second quarter in a row, and we expect Q4 to again be sequentially bigger than Q3.
We saw improving demand momentum in our large enterprise and small and medium businesses ...
Hot Topic (NASDAQ: HOTT) reports Q3 adjusted EPS of $0.15, 2 cents better than the analyst estimate of $0.13. Revenue for the quarter was $189.6 million, which compares to the estimate of $190.48 million. Shares are being drained, down about 15% this morning.
Highlights From HOTT's Q3 Conference Call:
Sees Q409 EPS $0.23 - $0.26, versus $0.30 consensus. Sees Q4 comps down in high single digits.
(CFO) Overall, total company net sales during the quarter decreased 7.7 million. The components of this decline are as follows: sales were $8.8 million lower based upon the Hot Topic comparable store sales decline of 5.8%, and the Torrid comparable storesales decline of 1.4%.
Sales were $1.4 million lower from closed stores. We gained $900,000 in sales from new, expanded or relocated and non-comparable Hot Topic and Torrid stores.
And lastly we gained $1.6 million in Internet sales.
NEW YORK, NY and PRAGUE, CZECH REPUBLIC -- (MARKET WIRE) -- 11/19/09 -- KIT digital, Inc. (NASDAQ: KITD), a leading global provider of on-demand software solutions for managing and monetizing Internet Protocol (IP)-based video assets, reported record financial results and new client contracts for the third quarter ended September 30, 2009. (Financial results are quoted in U.S. dollars, although a material portion of the company's revenue is earned in other currencies.) Revenue in the third quarter of 2009 increased 5% to a record $11.0 million from $10.5 million in the previous quarter, and increased 104% from $5.4 million in the same quarter a year ago. The company's revenues are primarily comprised of software license and maintenance fees, software set-up fees, and technical integration and creative service charges. After recognizing the non-cash accounting impact of accounting standard ASC 815-40, net loss for the third quarter of 2009 was $11.1 million or $(1.65) per basic and diluted share, compared to an adjusted net loss in ...
RSVP now for FREE transportation to 70 art galleries in hip Brooklyn "gallery districts" Initiative supports Brooklyn's creative economy; Art experts on hand to discuss "how-to's" of art buying for everything from holiday gifts to investment collections NEW YORK, Nov. 18 /PRNewswire-FirstCall/ -- On Saturday, November 21 and Sunday, November 22, 70 participating Brooklyn art galleries will offer visitors outstanding exhibitions and refreshments as well as a unique opportunity to learn more about Brooklyn's expanding art scene and galleries during the second annual smART Brooklyn Gallery Hop, an initiative of Brooklyn Borough President Marty Markowitz and ...
DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/1902af/opportunity_attr) has announced the addition of the "Opportunity & Attractiveness of BRIC (Brazil, Russia, India & China) Composite Markets: 2009-2014" report to their offering. The four BRIC countries (Brazil, Russia, India and China) have a combined population of 2.7 billion, slightly less than half the world's total population. The composites market in these 4 countries has been on a fast growth trajectory over the past last 5 years having increased at a 10% CAGR. Over the next 5 years, total composites consumption in BRIC ...
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Excel Funds Management Inc. Announces Portfolio Manager Change
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