Samsung issues Q3 guidance - up sequentially but down on a yearly basis

Samsung has just released its quarterly earnings guidance and it's still feeling the hangover from the memory boom party. The operating profit is significantly down on a yearly basis, but it has increased compared to Q2. Q3 2019 Guidance KRW / USD Q3 2018 Results KRW / USD Q2 2019 Results KRW / USD Sales 62 trillion / 52 billion 65.46 trillion / 55 billion 56.13 trillion / 47 billion Operating Profit 7.7 trillion / 6.4 billion 17.57 trillion / 14.7 billion 6.60 trillion / 5.5 billion Samsung usually...



Source: https://www.gsmarena.com/samsung_quarterly_guidance_reveals_a_declining_yearly_profit-news-39524.php

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