View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 18, 1995

COMPANY RESULTS

By CBR Staff Writer

Automatic Data Processing Inc saw first quarter net profits up 19.2% at $81.9m, on turnover up 20.1% to $747.1m. Net per share rose 16.3% to $0.57.

Compaq Computer Corp has reported third quarter net profits up 21.9% at $245m, on turnover up 26.6% at $3,594m; nine month net profits rose 13.3% to $707m, on turnover that was up 32.0% at $10,054m. Net earnings per share rose 18.7% to $0.89 in the quarter, 10.3% to $2.57 in the three quarters.

Data Switch Corp saw third quarter net up 61.6% at $1.6m, on sales up 9.4% at $25.6m; nine month net rose 123.7% to $3.5m, on turnover up 10.2% at $73.7m. Net per share rose 62.5% to $0.13 in the quarter, and 115.4% to $0.28 in the three quarters.

Eastman Kodak Co has reported third quarter net profits up 75.1% at $338.0m, on turnover up 9.8% at $3,877.0m; nine month net profits rose 81.3% to $977.0m, on turnover up 13.3% at $11,078.0m. Net earnings per share rose 73.7% to $0.99 in the quarter, 77.6% to $2.86 in the three quarters.

Electronic Data Systems Corp has reported third quarter net profits up 13.5% at $245.7m on turnover that rose 21.2% at $3,109.1m; nine month net profits rose 14.3% to $669.4m, on turnover that jumped 24.1% at $8,856.2m. Net earnings per General Motors Corp Class E share rose 13.3% to $0.51 in the quarter, 14.8% to $1.40 in the three quarters.International Business Machines Corp, IBM, has reported at third quarter net loss of $538m after wirting off $1,840m of purchased in-process research and development at Lotus Development Corp, against a profit last time of $710m, on turnover that rose by 8.6% at $16,754m. Net profit for the nine months soared 42.2% at $2,647m on turnover that rose 13.3% at $50.020m. Net earnings per share jumped 44% to $4.13 in the nine months.

Platinum Technology Inc has reported third quarter net losses of $28.4m, up from $7.5m losses last time, on turnover up 28.6% at $63.2m; nine month net losses were $44.3m, up from $1.2m losses last time, on turnover that was up 34.2% at $179.9m.

SBC Communications Corp reported third quarter net losses of $2,285.0m, after an extraordinary charge of $2,819.3m for the switch to non-regulated accounting, against $3,001.0m profits the same period last year, on turnover that rose 8.0% at $3,242.0m; nine month net losses of $1,447.8m, after the same charge as before, against $1,224.0m profits last time, on turnover that was up 8.3% at $9,108.4m.

Content from our partners
How designers are leveraging tech to apply the brakes to fast fashion
Why the tech sector must embrace faster, smarter talent recruitment
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate

Sprint Corp has reported third quarter net profits up 16.7% at $268.5m, on turnover up 6.4% at $3,442.3m; nine month net profits rose 9.1% to $738.5m, on turnover up 7.0% at $10,079.4m. Net earnings per share rose 15.2% to $0.76 in the quarter, 8.2% to $2.10 in the three quarters.

Sun Microsystems Inc has reported first quarter net profits up 120% at $84.7m on turnover 16.6% ahead at $1,485.3m. Net per share jumped 112% to $0.85.

VLSI Technology Inc has reported third quarter net profits up 114.3% at $16.2m, on turnover up 24.1% at $188.2m; nine month net profits rose 24.6% to $27.7m, on turnover that was 22.3% at $535.6m. Net earnings per share were up 75% to $0.35 in the quarter, and 11.9% to $0.66 in the three quarters.

Weitek Corp has reported third quarter net losses of $1.1m, down from $1.6m losses the same period last year, on turnover down 49.2% at $3.3m; nine month net losses were $3.0m, down from $6.9m losses last time, on turnover that fell 35.3% to $14.3m.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU