Samsung’s first-quarter running benefit and earnings beat expectancies on smartphone, chip gross sales

Samsung Electronics’ running benefit and earnings beat analysts’ estimates Wednesday, as gross sales of its flagship Galaxy S25 smartphones and in addition to reminiscence chips rose.

The South Korean corporate posted a file quarterly earnings, up 10% from a age previous, pace its first-quarter running benefit climbed 1.5%.

Listed below are Samsung’s first-quarter effects in comparison with LSEG SmartEstimates, which can be weighted towards forecasts from analysts who’re extra persistently correct:

• Earnings: 79.1 trillion Korean received vs. 78.1 trillion Korean received
• Running benefit: 6.7 trillion Korean received vs. 6.4 trillion Korean received

First-quarter earnings marginally crowned Samsung’s forecast of 79 trillion received, pace running benefit additionally got here in upper than the corporate’s expectancies of 6.6 trillion Korean received.

Samsung is a producer of reminiscence chips, which can be used in gadgets equivalent to computers and servers, and may be the arena’s second-largest smartphone maker.

The corporate flagged macroeconomic uncertainties because of business tensions and a slowdown in international enlargement. Samsung expects efficiency to enhance in the second one part of the age, “assuming that the uncertainties are diminished.”

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