Arab Today, arab today emc reports 19increase in q2
Last Updated : GMT 05:49:56
Arab Today, arab today
Arab Today, arab today

EMC reports 19 % increase in Q2

Arab Today, arab today

Arab Today, arab today EMC reports 19 % increase in Q2

Dubai - Arabstoday

EMC Corporation has reported strong financial results for the second quarter of 2012, marking the company’s 10th consecutive quarter of double-digit year-over-year growth. Second-quarter consolidated revenue was $5.31 billion, an increase of 10 per cent compared with the year-ago quarter.  Second-quarter GAAP net income attributable to EMC increased 19 per cent year over year to $650 million.  Second-quarter GAAP earnings per weighted average diluted share increased 21 per cent year over year to $0.29. During the second quarter, EMC generated operating cash flow of $1.24 billion and free cash flow2 of $958 million, a year-over-year increase of 16 per cent  and 36 per cent, respectively.  Additionally, the company expanded GAAP and non-GAAP gross margin and operating margin percentages on a year-over-year basis, and ended the quarter with $10.9 billion in cash and investments. Joe Tucci, EMC Chairman and Chief Executive Officer, said, “I am very pleased with EMC’s execution and record second-quarter financial performance.  We are seeing a transformation in the IT industry unlike anything we have seen before.  Organizations are moving quickly to adopt cloud computing and take advantage of both the efficiency and agility that comes with running IT-as-a-Service. Customers are also looking to deploy a new generation of Big Data applications to gain competitive advantage and differentiate their businesses.  And they demand that all this be done in a secure and trusted way.  EMC is widely recognised as a leader and driver of this transformation.” From:Gulftoday

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today emc reports 19increase in q2 Arab Today, arab today emc reports 19increase in q2

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today emc reports 19increase in q2 Arab Today, arab today emc reports 19increase in q2

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday