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Samsung Electronics Co., Ltd. (SSNHY)

- OTC Markets
SSNHY is defunct.
  • Jun. 25, 2014, 7:32 AM
    • Execs at Samsung (SSNLF) are not expecting great results this quarter, after announcing that company performance has been declining. Shares have fallen 8.5% so far this month, after a string of downgrades in earnings forecasts.
    • “It doesn’t look too good,” says CFO Lee Sang-hoon, in reference to second quarter results.
    • The company is scheduled to report its second-quarter earnings estimates in early July.
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  • Apr. 8, 2014, 3:24 AM
    • Samsung's (SSNLF) Q1 operating profit fell for the second quarter in a row in Q1, dropping a preliminary 4.3% to 8.4T won ($7.96B) and vs consensus of 8.5T won.
    • Sales rose slightly to 53T won from 52.87T won and vs expectations of 54.58T won.
    • Samsung released its Q1 estimates ahead of the global launch of the Galaxy S5 on Friday amid criticism that the device doesn't have any overly interesting new features.
    • Shares fell 0.2% in Seoul. (PR)
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Company Description
Currently, there's no company description for SSNHY.
Country: Korea