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Posts Tagged ‘quarterly revenue’

Sprint Corp, the No. 3 U.S. mobile provider, on Tuesday reported an increase in quarterly revenue that was in line with analysts expectations and said it lost wireless subscribers in the first quarter. The company, which is 80 percent owned by Japans SoftBank Corp, said its operating losses narrowed to $151 million, or 0.04 cents […]

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IBM Corp, the worlds biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China. That has undercut business at some U.S.-based multinationals operating in the worlds second-biggest economy.

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(Reuters) – International Business Machines Corp reported lower-than-expected quarterly revenue as weakness in its storage and server businesses continues to offset gains in its software services. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts average estimate of $22.91 billion. The worlds largest technology services companys net profit fell to […]

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