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Recordati Posts Higher Q1 Profit - Quick Facts

5/8/2012 6:08 AM ET

Recordati S.p.A (REC.MI,RCDTF.PK) said its first-quarter net income attributable to equity holders of the parent grew 7.5% to 33.77 million euros from 31.42 million euros last year. Earnings per share amounted to 0.162 euros, higher than 0.150 euros a year ago.

Consolidated revenue in the recent quarter was 219.6 million euros, up 11.0% from 197.84 million euros in the same period of the preceding year. International sales climbed by 14.5%.

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by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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Starbucks Corp. said Thursday after the markets closed that its second quarter profit rose 9.4% from last year, helped by higher revenue. The company's quarterly earnings per share came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. The world's largest specialty coffee retailer also raised its full year earnings outlook. Software giant Microsoft Corp. said Thursday after the markets closed that its third quarter profit fell 6.6% from last year, when results were boosted by special upgrade offer revenues. However, the company's quarterly earnings per share came in above analysts' expectations as did its quarterly revenue. Apple Inc. said Wednesday after the markets closed that its second quarter profit rose 7% from last year, as sales surged and margins improved amid strong sales of its iPhones. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly revenue. At the same time, the company gave a slightly downbeat revenue forecast for the current quarter.
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