Compaq net up 24 percent for quarter

Article Abstract:

Compaq Computer Corp reports that profits for the 1st qtr of 1991 are up 24 percent. Data General reports a profit following after a sequence of losses, and Unisys reports increased losses. Compaq earns $114.3 million ($1.26 a share) for the 1st qtr, which compares favorably with $92.2 million ($1.07 a share) in the 1st qtr of 1990. Revenue is up, to $970.8 million, from $872.2 million in 1990. Compaq warns that 2nd qtr profits might be hurt by price cuts and economic conditions, and the company's stock falls 15 percent, to $52.50, in consequence, despite good international sales. Data General earns $19.2 million (60 cents a share) in the 3rd qtr ended Mar 30. The company lost $8.6 million in the same period a year ago. Revenue rises 2 percent, to $320.4 million from $314.8 million, in the 3rd qtr of 1991. Unisys loses $98.2 million in the 1st qtr, which is 30 times the company's losses in the comparable quarter a year ago. Unisys blames weak economic environments worldwide.

Prices and rates, Stocks, Profits, Unisys Corp., UIS, Stock prices, Data General, Computer Industry, Price, Third Quarter, Profit, Stock, DGN

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Compaq's earning off more than 60% in first quarter

Article Abstract:

Compaq reports 1st qtr 1992 earnings down 60.3 percent from 1st qtr 1991. The firm blames the situation on price competition and price reductions on computer products. The report sent stock prices down $3.375 a share to $23.75. Compaq's 1st qtr earnings are 53 cents a share or $45.3 million, in comparison to 1991's $1.26 a share and $114.3 million. Sales for the 1st qtr fell from $971 million in 1991 to $783 million. Even if Compaq's earnings improve in subsequent quarters, it is not certain that earnings will be positive for year-to year 1991-1992 results. Compaq expects to release new low-cost computer in Jun 1992, bolstered by heavy advertising, to help put the company back in a strong market position. Compaq may never enjoy the Wall Street status it once had, even with its entry into the low-cost computer market.

Sales, Financial Analysis Software, Industry Analysis, Strategic Planning, Sales Analysis, Losses

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Compaq reports a rise in operating profit for last quarter

Article Abstract:

Compaq Computer reports a $515 million profit for the fourth quarter, as opposed to $332 million this time last year. Along with the rise of 30 cents a share, Compaz's investment in CMGI has fallen, with shares going from $48 to $6.56. Analysts seemed happy and the company hopes for a 6-8% revenur growth for 2001.

United States, Electronic Computer Manufacturing, Analog & Hybrid Computers, Sales, profits & dividends, Management, Microcomputers, Company sales and earnings, Capellas, Michael, Company earnings/profit

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