Market Overview

Sharp Posts FQ2 Net Loss

Related SHCAY
Watch The Consumer Electronics Group Following Toshiba's Raised Outlook
Samsung Offsetting Recall Costs By Selling Stakes In Other Tech Companies

Sharp (OTC: SHCAY) posted a net loss in its fiscal second quarter.

Sharp posted a quarterly net loss of Y249.1 billion ($3.11 billion), versus a year-ago net profit of Y9.4 billion.

Its revenue declined to Y645.5 billion. For the full year, the company now projects a net loss of Y450 billion, versus its August forecast for a loss of Y250 billion.

Sharp shares closed at $2.12 yesterday.

Posted-In: lossEarnings News Guidance


Related Articles (SHCAY)

View Comments and Join the Discussion!

BSkyB Posts Drop In Q3 Pretax Profit

Sony Posts Narrower FQ2 Net Loss