Earnings

The Korean conglomerate reported its earnings result for the previous quarter today. Samsung Q4 2018 profit has declined by 29 percent compared to the same period last year. The company says that it’s due to weak demand for its memory products and more headwinds for its mobile and display business. Overall, the results are in […]

Samsung recorded its highest ever profits last quarter, but three months on things aren’t looking so great. The company just announced its earnings guidance for Q4 2018 with an estimated 29 percent drop in profit. Weak demand in the memory division caused the profits to decrease sharply, Samsung said. In a regulatory filing, Samsung estimated sales worth 59 trillion […]

Samsung posted record profits in Q3 2018 which were largely contributed by its semiconductor division. This has been the case over the past few years. Samsung’s mobile division hasn’t contributed significantly to its record profit run. It’s a similar story in Q3 2018. The company revealed today that its mobile division has reported a drop […]

Samsung released its Q3 2018 earnings guidance last month. It predicted record profits this past quarter compared to the same period last year. Samsung expected sales of 65 trillion won or $57.5 billion and 17.5 trillion won or $15.5 billion in operating profits. That would have smashed its record for the highest profit ever in […]

The Samsung Q3 2018 has been officially released today. As expected, the company is predicting record profits for the period compared to last year. Analysts have already been expecting it to post record third-quarter profits this year. The company’s chip business is once again the star of the show. It has benefitted from increased demand […]

Samsung’s Q2 2018 earnings made it seem that its record profits run was ending. It may not be over yet as improved performance by its chip unit may result in record profits for Q3 2018 as well. Increased demand from data centers and better production yields may drive record third-quarter profits for the company. The […]

Samsung has posted record profits in every quarter over the past year but it was expected that the momentum would be slowing down by the second quarter of this year. Many analysts had predicted that the company’s record profit run would be nearing an end by Q2 2018. The company’s own earnings guidance for the […]

It was reported multiple times over the past couple of weeks that Samsung might see a dip in its revenues for the second quarter of this year. That does seem to be the case after looking at the Q2 2018 earnings guidance that the company has released today. Samsung expects to bring in 58 trillion […]