Esat BT reaches key earnings target
Esat BT has become the first of BT's European Ignite operations to become EBITDA positive, thanks in part to a rebate it received from Eircom.
July 25 in MARKETS

Conduit profits climb as headcount falls
Directory enquiries assistance provider Conduit has announced a quarterly pre-tax profit of more than EUR1 million, which it will use to expand in the UK.
July 24 in MARKETS

Amazon cuts losses and beats forecasts
On-line retailer Amazon.com cut its losses with better than expected second quarter results, predicting a full year pro forma profit.
July 24 in MARKETS

Siemens earnings rise as sales fall
Siemens, the German electronics and engineering giant, reported a rise in third quarter earnings while sales and orders fell, as did mobile phone shipments.
July 24 in MARKETS

Lucent cuts Irish jobs
Ireland is to be spared the bulk of Lucent's 7,000 global job cuts, though the company did say on Tuesday that 20 jobs were lost here three weeks ago.
July 23 in MARKETS

Paddy Power cuts losses on-line
The on-line division of Irish bookmaker Paddy Power has moved closer to profitability as turnover in the unit jumped 196 percent in the first half of the year.
July 23 in MARKETS

Infineon losses narrow as sales climb
German chipmaker Infineon Technologies shot good news into the semiconductor industry on Friday, reporting better-than-expected Q3 earnings.
July 19 in MARKETS

Ericsson revenues fall by 32 percent
Despite savage cutbacks, Ericsson has announced more losses in its second quarter, as the firm hints at new cost cutting measures.
July 19 in MARKETS

Earnings Roundup 19 July
Profits climb at Microsoft as the company looks to recruit new workers | Xilinx meets its own forecasts and books USD41 million in profits
July 19 in MARKETS

SmartForce posts over USD37m in losses
Irish e-learning company SmartForce said its revenues improved slightly in Q2 when compared to Q1, but a USD26.4 million charge took its toll on earnings.
July 18 in MARKETS

Earnings roundup: 18 July
Siebel shares get slammed following Q2 results, 1,200 jobs to be cut | Symantec beats expectations
July 18 in MARKETS

Nokia reports rising profits
Nokia, the number one maker of mobile phones, reported lower second quarter revenues on Thursday, as net profits jumped nine percent.
July 18 in MARKETS

Nokia shares slip on lowered estimates
Nokia hit its targets for profits and sales growth, but its shares slumped on the Stockholm exchange as the mobile sector continues to be stagnant.
July 18 in MARKETS

IBM reports just USD56m in net income
IBM squeezed out a profit of just USD0.03 per share for Q2 on Wednesday after the technology giant included a whopping USD2.1 billion charge.
July 18 in MARKETS

SmartForce says it is stabilising
The latest results from Irish e-learning company SmartForce have shown a major dip in revenues and gross profits compared to the same period last year.
July 18 in MARKETS

Parthus performs well before Ceva merger
Announcing its last set of results before its pending merger, Parthus Technologies saw revenues climb 6 percent as net losses shrank significantly.
July 17 in MARKETS

Iona revenues fall by 50 percent
Hitting reduced expectations, Irish software company Iona reported USD26.3 million in revenues and a pro forma net loss of USD15.5 million.
July 17 in MARKETS

Apple earnings fall but meet forecasts
Computer maker Apple saw shares slide in after-hours trading after the firm reported a 48 percent fall in earnings and offered a cautious outlook.
July 17 in MARKETS

Intel cuts 4,000 jobs worldwide
Intel has announced disappointing second quarter revenues of USD6.3 billion and will cut 4,000 jobs, but no major impact is expected on its Irish operations.
July 17 in MARKETS

Inaccurate books send Orchestream lower
An operational review at telecom software provider Orchestream has revealed incorrect revenue figures for 2001 and the first quarter of 2002.
July 15 in MARKETS

Dell shares rise on new estimates
Dell has raised its estimates for the current quarter reporting solid margins, as it expands its product range to PC peripherals.
July 12 in MARKETS

DoubleClick revenues fall
Although it moved further into profitability and beat Wall Street expectations, on-line advertising technology company DoubleClick saw its revenues fall.
July 12 in MARKETS

Yahoo returns to profitability
After recording six straight quarterly losses, Yahoo announced USD21 million in net income for the second quarter, compared to a USD48 million loss last year.
July 11 in MARKETS

Microsoft Licensing 6.0 to boost sales
Microsoft's fourth quarter profit is expected to be at the high end of its own guidance thanks partly to the upcoming changes in its licensing practices.
July 11 in MARKETS

Iona losses mount on delayed contracts
Iona Technologies has announced dramatically higher losses than previously anticipated, claiming that potential customers have held off on closing large deals.
July 09 in MARKETS