Second quarter 2023 reported and adjusted operating income* grew 18% and 17%, respectively, compared to PY Second quarter 2023 reported and adjusted EPS* were $2.42 and $2.32, an increase of 14% and 9%, respectively The Company raises its full year adjusted EPS outlook to be in the range of $8.80-$9.40, up from $8.70-$9.40 WESTCHESTER, Ill., Aug. 8 [...]
SEOUL, Aug. 8 (Korea Bizwire) — K-pop powerhouse Hybe Co. said Tuesday it posted over 1 trillion won (US$761.3 million) in sales in the first half of this year on the back of strong album and concert revenue, surpassing the milestone for the first time. The entertainment agency behind K-pop supergroup BTS, NewJeans and Seventeen [...]
SEOUL, Aug. 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday its second-quarter net profit rose 35 percent year-over-year driven by a one-off profit related to its investment in a U.S mobility company. Net income came to 347.8 billion won (US$265.8 million) in the April-June period, up 34.8 percent from [...]
SEOUL, Aug. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s No. 3 mobile carrier, said Tuesday its second-quarter net profit rose nearly 32 percent from a year earlier, driven by its robust wireless business. Its net income amounted to 213.3 billion won (US$163.3 million) in the April-June period, up 31.7 percent from the year-ago [...]
SEOUL, Aug. 7 (Korea Bizwire) — KT Corp., South Korea’s No. 2 wireless carrier, said Monday its second-quarter net income jumped 19 percent from a year earlier thanks to robust sales in business-to-business operations. KT’s net profit reached 432.5 billion won (US$331.8 million) in the three months through June on a consolidated basis, up from [...]
SEOUL, Aug. 4 (Korea Bizwire) — South Korean internet portal giant Naver Corp. said Friday its second-quarter operating profit and revenue hit quarterly highs, driven by the robust performance of its commerce and content businesses. Its net profit rose more than 80 percent on an annual basis to 286.7 billion won (US$220.7 million), up 80.9 [...]
Second Quarter 2023 Highlights Product revenue of $472.6 million, up 18% year over year Service revenue of $820.2 million, up 30% year over year Total revenue of $1.29 billion, up 26% year over year Billings of $1.54 billion, up 18% year over year1 Deferred revenue of $5.13 billion, up 30% year over year GAAP operating [...]
SEOUL, Aug. 3 (Korea Bizwire) — Kakao Corp., the operator of South Korea’s top mobile messenger, on Thursday said its second-quarter net profit dropped due to increased costs and investments. Its net profit reached 56.3 billion won (US$43.3 million) in the April-June period, down 44 percent from a year earlier, the company said in a [...]
PHOENIX, Aug. 2 (Korea Bizwire) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative flexible space and storage solutions, today announced second quarter 2023 results and provided an update on operations and the current market environment, including the following highlights: Second quarter revenue increased [...]
The following is an extract from the “Iveco Group 2023 Second Quarter and First Half Results” press release. The complete press release can be accessed by visiting the media section of the Iveco Group corporate website: https://www.ivecogroup.com/media/corporate_press_releases or consulting the accompanying PDF: Iveco Group consolidated revenues of €4.2 billion (up 24% year-on-year). Adjusted EBIT of €301 million (up [...]