Creative Announces 4th Quarter 2003 Results

By TS | Thomas
Aug 6, 2003
  1. Sales for the fourth quarter were $149.6 million, in line with the Company's guidance. This compares to sales of $182.6 million for the same quarter of last year. Creative achieved net income for the fourth quarter of $4.6 million, & earnings per share met the Company's expectations, coming in at $0.06. This compares to last year's fourth quarter net loss of $48.4 million & loss per share of $0.65.

    "Between now & the end of the year, we plan to launch over 90 products, the most in our history," said Sim Wong Hoo, chairman & CEO of Creative Technology Ltd. "The introductions will come across all of our product categories & will extend our leadership position in Personal Digital Entertainment.
Topic Status:
Not open for further replies.

Similar Topics

Add New Comment

TechSpot Members
Login or sign up for free,
it takes about 30 seconds.
You may also...

Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.