financetom
Technology
financetom
/
Technology
/
Samsung fourth-quarter operating profit outlook misses estimates by large margin
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Samsung fourth-quarter operating profit outlook misses estimates by large margin
Jan 7, 2025 4:00 PM

SEOUL, Jan 8 (Reuters) - Samsung Electronics ( SSNLF )

estimated on Wednesday a 131% jump in fourth-quarter operating

profit from a year earlier but missed analyst estimates by a

large margin as it lagged behind rival SK Hynix ( HXSCF ) in

supplying high-end chips to Nvidia ( NVDA ).

The world's largest memory chip, smartphone and TV maker

estimated an operating profit of 6.5 trillion won ($4.47

billion) for the three months ended Dec. 31, versus a 7.7

trillion won LSEG SmartEstimate.

($1 = 1,454.6000 won)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
IBC Advanced Alloys Announces Amendment of Existing Credit Facility
IBC Advanced Alloys Announces Amendment of Existing Credit Facility
May 4, 2026
FRANKLIN, IN / ACCESS Newswire / May 4, 2026 / IBC Advanced Alloys Corp. ( IAALF ) (IBC or the Company) (TSXV:IB)is pleased to announce that certain of the Company's U.S. subsidiaries (the Subsidiaries) have entered into an amendment (the Amendment) with Sallyport Commercial Finance, LLC (the Lender), assignee of Iron Horse Credit LLC's entire lending portfolio, to amend the...
Pinnacle West Capital Reports Q1 2026 Results: Full Earnings Call Transcript
Pinnacle West Capital Reports Q1 2026 Results: Full Earnings Call Transcript
May 4, 2026
Pinnacle West Capital ( PNW ) released first-quarter financial results and hosted an earnings call on Monday. Read the complete transcript below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. View the webcast at https://events.q4inc.com/attendee/685316375 Summary Pinnacle West Capital Corp ( PNW ) reported a strong...
Lattice Semiconductor to buy software firm AMI in $1.65 billion deal
Lattice Semiconductor to buy software firm AMI in $1.65 billion deal
May 4, 2026
May 4 (Reuters) - Lattice Semiconductor ( LSCC ) said on Monday it would acquire AI cloud and platform management firm AMI in a $1.65 billion deal. (Reporting by Zaheer Kachwala in Bengaluru) ...
NAPCO Security Techs Q3 2026 Earnings Call: Complete Transcript
NAPCO Security Techs Q3 2026 Earnings Call: Complete Transcript
May 4, 2026
NAPCO Security Techs held its third-quarter earnings conference call on Monday. Below is the complete transcript from the call. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. The full earnings call is available at https://app.webinar.net/Yr185qlxvQE Summary NAPCO Security Technologies Inc ( NSSC ) reported a 12% year-over-year increase in total sales for fiscal...
Copyright 2023-2026 - www.financetom.com All Rights Reserved