Quarterly Loss
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Ola Electric's Q2 Loss Narrows, Says Most Service Issues 'Minor'
Ola Electric on Friday reported a narrower loss for the second quarter, attributing this to a significant increase in sales. The company also claimed that the recent rise in service requests primarily concerned "minor issues." Between July and September, Ola Electric delivered a total of 98,619 two-wheelers, marking a 73.6 percent increase from the...
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Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
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Earth's Biodiversity Crisis: 1 Million Species Face Extinction
Over a quarter of plants and animals assessed on the International Union for Conservation of Nature's Red List of threatened species risk extinction.
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PV Sindhu Goes Down In Quarters, India's Campaign Ends At Denmark Open
Indian star PV Sindhu bowed out with a quarterfinal loss to Paris Olympics bronze-winner Gregoria Tunjung as the country's campaign came to an end in the Denmark Open badminton tournament.
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Bitcoin Sees Dip Alongside Most Altcoins as Nvidia, HP Get Ready to Report Quarterly Earnings
The overall market cap of the crypto sector has dropped by 5.27 percent in the last 24 hours. Bitcoin and Ether clocked losses on Wednesday, August 28. Most cryptocurrencies, including Solana, Dogecoin, Cardano, and Avalanche, saw losses. A wave of liquidations totaling more than $300 million (roughly Rs. 2,518 crore), sparked by investor uncertain...
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Microsoft's Xbox Unit Logs 61 Percent Growth, Fuelled by Purchase of Activision-Blizzard
Microsoft has managed to see a substantial growth in its Xbox unit, while having logged losses in Azure, which has been the software firm's main growth engine in recent years. In the fourth quarter, which ended June 30, capital expenditures for Microsoft jumped to $19 billion (roughly Rs. 1,59,091 crore) from $14 billion (roughly Rs. 1,17,225 cror...
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Paytm Q4 FY24 Loss Widens To Rs 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.
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Boeing Reports Quarterly Loss Of $343 Million Amid Safety Troubles
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.
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Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
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Boxing: Nishant Dev, Jaismine Lamboria Sail Into Quarters; Heartbreak For Deepak Bhoria
World Championships bronze medallist Deepak Bhoria's Asian Games campaign ended in heartbreak as he bowed out with a pre-quarterfinal loss
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Meta’s Reality Labs Continues to See Losses Despite Company Boasting 11 Percent YoY Spike in Revenue
Meta’s revenue climbed to $32 billion (roughly Rs. 2,62,377 crore) in the second quarter of 2023. The social networking giant did not disclose exactly how much its metaverse-related unit Reality Labs lose this quarter. It did however say, that its Reality Labs division could see more dips.
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Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
-
Samsung Electronics Expects Q2 Profit to Drop More Than 95 Percent Amid Ongoing Chip Glut
Samsung Electronics reported a likely 96 percent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut. Samsung estimated its operating profit fell to KRW 600 billion(roughly Rs. 3,795 crore) in April to June in April to ...
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GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coas...
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Zomato Shares Climb 2.55% Post Q4 Earnings
Shares of Zomato climbed 2.55 per cent in morning trade on Monday, after the company's consolidated net loss narrowed to Rs 187.6 crore in the fourth quarter ended March 2023, on the back of robust revenue growth.
-
Ola Electric's Q2 Loss Narrows, Says Most Service Issues 'Minor'
Ola Electric on Friday reported a narrower loss for the second quarter, attributing this to a significant increase in sales. The company also claimed that the recent rise in service requests primarily concerned "minor issues." Between July and September, Ola Electric delivered a total of 98,619 two-wheelers, marking a 73.6 percent increase from the...
-
Intel Set for Big Drop in Quarterly Revenue as Chipmaker Struggles to Bounce Back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once iconic American chipmaker.
-
Earth's Biodiversity Crisis: 1 Million Species Face Extinction
Over a quarter of plants and animals assessed on the International Union for Conservation of Nature's Red List of threatened species risk extinction.
-
PV Sindhu Goes Down In Quarters, India's Campaign Ends At Denmark Open
Indian star PV Sindhu bowed out with a quarterfinal loss to Paris Olympics bronze-winner Gregoria Tunjung as the country's campaign came to an end in the Denmark Open badminton tournament.
-
Bitcoin Sees Dip Alongside Most Altcoins as Nvidia, HP Get Ready to Report Quarterly Earnings
The overall market cap of the crypto sector has dropped by 5.27 percent in the last 24 hours. Bitcoin and Ether clocked losses on Wednesday, August 28. Most cryptocurrencies, including Solana, Dogecoin, Cardano, and Avalanche, saw losses. A wave of liquidations totaling more than $300 million (roughly Rs. 2,518 crore), sparked by investor uncertain...
-
Microsoft's Xbox Unit Logs 61 Percent Growth, Fuelled by Purchase of Activision-Blizzard
Microsoft has managed to see a substantial growth in its Xbox unit, while having logged losses in Azure, which has been the software firm's main growth engine in recent years. In the fourth quarter, which ended June 30, capital expenditures for Microsoft jumped to $19 billion (roughly Rs. 1,59,091 crore) from $14 billion (roughly Rs. 1,17,225 cror...
-
Paytm Q4 FY24 Loss Widens To Rs 550 Crore After RBI Action Against Payments Bank
Digital payments firm Paytm posted a wider loss in the fiscal fourth quarter on Wednesday, hurt by weakness in its payments and financial services business after the central bank shut down its banking unit.
-
Boeing Reports Quarterly Loss Of $343 Million Amid Safety Troubles
Troubled aviation giant Boeing reported a first-quarter loss of $343 million on Wednesday, reflecting recent safety troubles that have slowed production and deliveries.
-
Apple Shares Weaken After Warning of Dull Holiday Quarter
Apple shares on Friday pared losses that were driven by its forecast for a subdued holiday quarter after a US jobs report bolstered hopes of a pause in interest rate hikes by the Federal Reserve. The stock was down 1.5 percent in early trading, having fallen more than 3 percent before the bell.
-
Boxing: Nishant Dev, Jaismine Lamboria Sail Into Quarters; Heartbreak For Deepak Bhoria
World Championships bronze medallist Deepak Bhoria's Asian Games campaign ended in heartbreak as he bowed out with a pre-quarterfinal loss
-
Meta’s Reality Labs Continues to See Losses Despite Company Boasting 11 Percent YoY Spike in Revenue
Meta’s revenue climbed to $32 billion (roughly Rs. 2,62,377 crore) in the second quarter of 2023. The social networking giant did not disclose exactly how much its metaverse-related unit Reality Labs lose this quarter. It did however say, that its Reality Labs division could see more dips.
-
Paytm Expects to Generate Free Cash Flow by Year-End: CEO Vijay Shekhar Sharma
Fintech firm One97 Communications, which operates under the Paytm brand, expects to generate free cash flow by the end of this year, a top company official said on Saturday. Paytm founder and CEO Vijay Shekhar Sharma, in an earnings call, said that growth for the company in the June 2023 quarter came on account of expansion in payments, financial ...
-
Samsung Electronics Expects Q2 Profit to Drop More Than 95 Percent Amid Ongoing Chip Glut
Samsung Electronics reported a likely 96 percent plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut. Samsung estimated its operating profit fell to KRW 600 billion(roughly Rs. 3,795 crore) in April to June in April to ...
-
GameStop Ousts CEO, Posts Bigger-Than Expected Quarterly Loss
Ryan Cohen, the billionaire investor whose bold bet on GameStop made him a hero to meme stock traders, took over as executive chairman on Wednesday after the video game retailer ousted its CEO and posted a bigger-than expected quarterly loss. Investors pushed the stock price down more than 20 percent in after-hours trading, continuing a roller-coas...
-
Zomato Shares Climb 2.55% Post Q4 Earnings
Shares of Zomato climbed 2.55 per cent in morning trade on Monday, after the company's consolidated net loss narrowed to Rs 187.6 crore in the fourth quarter ended March 2023, on the back of robust revenue growth.
