Related topics: revenue

Privacy fine set-aside dents Facebook's profit

Facebook said Wednesday its profit took a hit from setting aside billions of dollars for an anticipated fine from US regulators, in a quarterly report that sent shares higher.

India's TCS profits fall by 6 percent

India's largest IT services firm Tata Consultancy Services reported a nearly 6 percent fall in quarterly earnings Thursday owing to a strengthening rupee, the company said.

Cisco Systems announces 1,100 more layoffs

Cisco Systems Inc. said Wednesday that it is laying off 1,100 more workers, deepening job losses at the internet gear maker battling declining revenue.

Yahoo quarterly profit more than doubles

Yahoo beat expectations on Tuesday with quarterly earnings that showed profit more than doubled to $163 million despite only a slight rise in revenue.

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