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Thinkpad (AXcess News) Cincinnati - Proctor & Gamble (NYSE: PG) reported 15% earnings per share for the second quarter of the year in the wake of higher commodity costs, increased competitive spending and economic weakness in Europe and Japan.
Stamps.com Reports Third Quarter 2003 Financial Results Revenue Up 32% Year over Year; Customer Acquisition Momentum Builds SANTA MONICA, October 29, Stamps.com™ ( STMP) today announced financial results for the third fiscal quarter ended September 30, 2003. Third quarter revenue was up 32% versus the same quarter last year, and up 7% versus the second fiscal quarter of 2003. In addition, the company reported an increase in customer acquisition during the third quarter, particularly with higher value Power Plan customers.
Microsoft The company posted net sales growth of 10 percent for both the quarter and fiscal year. Diluted net earnings per share were $0.56 for the quarter, a 12 percent increase, and $2.66 for the fiscal year, a 15 percent increase. This is the fourth consecutive fiscal year the company delivered results at or above its long-term annual growth rate targets.
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Laptop Computers All business segments, regions and each of the company's top 16 brands posted volume growth for the fiscal year.
Stamps.com Reports First Quarter 2001 Financial Results Company reports 158% growth in revenue over first quarter 2000, with 39% gross margin and narrowed losses SANTA MONICA, Calif. April 17, Stamps.com™ ( STMP) today announced that revenue in the first quarter of 2001 was $5.3 million, an increase of 158% over the first quarter of 2000.
Laptop Computer Net sales for the quarter increased 10 percent to $14.26 billion. For the fiscal year, sales also grew 10 percent to $56.74 billion.
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Desktop Computer Diluted net earnings per share increased 12 percent for the quarter and 15 percent for the fiscal year.
Notebooks "We delivered another year of strong top- and bottom-line results despite significant challenges from higher commodity costs, increased competitive spending and continued economic weakness in Western Europe and Japan," said Chairman of the Board, President and Chief Executive A.G. Lafley.
Lenovo Net sales for the quarter increased 10 percent to $14.26 billion. Organic sales increased nine percent, well above the company's long-term annual target. Foreign exchange added two percent to sales growth due to the strength of the euro, Canadian dollar and British pound. Pricing added two percent to sales growth behind actions that partially recovered the impact of higher commodity costs in family care, pet health & nutrition, coffee and certain fabric care markets.
Hard Drive For the quarter, net earnings increased nine percent to $1.50 billion. Earnings growth was primarily driven by volume and pricing, partially offset by higher commodity costs. Diluted net earnings per share increased 12 percent to $0.56. Diluted net earnings per share grew ahead of net earnings due to share repurchase activity. The company's stepped up share repurchase activity associated with the Gillette acquisition, net of interest expense, was neutral to earnings per share on the quarter.
Travelstar Shares of Procter & Gamble Co were down $0.71, or 1.28%, at $54.92 at 10:24am EST Monday following the company's second quarter results announcement fueled by economic concerns over rising oil prices following the death of Saudi Arabia's King Fahd.
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