In an earlier post, I found 39 US Technology Corps, which file with
the SEC, which reported their calendar December 2012
quarterly
earnings through the end of January 24, 2013, and which reported
Adjusted After-tax Net Income or Net Loss of at least $100 mil in either
the 4Q 2012 or in the 4Q 2011.
These 39 Early Reporting US Technology Corps generated Total Adjusted After-tax Net Income in the 4Q 2012 of $47,320 mil, down 1% from the $47,914 mil like earnings generated in the 4Q 2011.
The Total Revenues of these 39 Tech Corps in the 4Q 2012 was 4% higher than that reported in the 4Q 2011.
Since then, from January 25, 2013 through today February 18, 2013, there have been another 22 like US Technology Corps which have reported their calendar December 2012 quarterly earnings.
How did they do?
Well, substantially better than the 39 Early Earnings Reporters.
These 22 Late Earnings Reporting US Technology Corps generated Total Adjusted After-tax Net Income in the 4Q 2012 of $9,110 mil, up 15% from the $7,941 mil like earnings generated in the 4Q 2011. The main contributor to this robust earnings growth was Qualcomm.
The Total Revenues of these 22 Late Earnings Reporting US Tech Corps in the
4Q 2012 was 14% higher than that reported in the 4Q 2011. The main contributors to this robust revenue growth were Amazon, Qualcomm and Facebook.
This Adjusted After-tax Net Income above was used when this amount was disclosed in the company's earnings release, and it excludes Special, Unusual Items which are significant in amount relative to Reported Net Income.
There still are several like US Techs which still haven't yet reported their December 2012 quarterly earnings, including the superb Priceline.com.
Below here are the Adjusted After-tax Net Income and Total Revenues of
each of these 22 Late Earnings Reporting US Technology Corps in the 4Q 2012 and in the 4Q 2011:
| 4Q 2012 | 4Q 2011 | |||||||
| Non-GAAP | Non-GAAP | |||||||
| Adjusted | Adjusted | Increase | Increase | 4Q 2012 | 4Q 2011 | Increase | ||
| Big | Net | Net | (Decrease) | (Decrease) | Total | Total | (Decrease) | |
| Corp | Income | Income | Amount | % | Revenues | Revenues | % | |
| mils of $s | mils of $s | mils of $s | mils of $s | mils of $s | ||||
| Technology Corps Late Earnings Reporters (Jan 25-Feb 18, 2013) | ||||||||
| Qualcomm | 2,204 | 1,672 | 532 | 32% | 6,018 | 4,681 | 29% | |
| EMC | 1,194 | 1,065 | 129 | 12% | 6,030 | 5,574 | 8% | |
| Activision Blizzard | 891 | 725 | 166 | 23% | 2,595 | 2,408 | 8% | |
| Seagate Technology | 523 | 581 | (58) | -10% | 3,668 | 3,195 | 15% | |
| Thermo Fisher Scientific | 493 | 446 | 47 | 11% | 3,259 | 3,089 | 6% | |
| Broadcom | 462 | 394 | 68 | 17% | 2,080 | 1,820 | 14% | |
| 426 | 360 | 66 | 18% | 1,585 | 1,131 | 40% | ||
| Yahoo | 370 | 307 | 63 | 21% | 1,346 | 1,324 | 2% | |
| Automatic Data Processing | 352 | 332 | 20 | 6% | 2,748 | 2,571 | 7% | |
| VMWare | 349 | 266 | 83 | 31% | 1,293 | 1,060 | 22% | |
| Cognizant Technology | 301 | 259 | 42 | 16% | 1,948 | 1,664 | 17% | |
| CSC | 179 | 26 | 153 | 588% | 3,781 | 3,687 | 3% | |
| Electronic Arts | 176 | 334 | (158) | -47% | 1,182 | 1,651 | -28% | |
| Citrix Systems | 169 | 147 | 22 | 15% | 740 | 619 | 20% | |
| BMC Software | 151 | 157 | (6) | -4% | 580 | 548 | 6% | |
| Roper Industries | 147 | 122 | 25 | 20% | 816 | 739 | 10% | |
| Harris Corp | 142 | 142 | 0 | 0% | 1,287 | 1,310 | -2% | |
| Teradata | 135 | 113 | 22 | 19% | 740 | 673 | 10% | |
| Amdocs | 119 | 111 | 8 | 7% | 826 | 807 | 2% | |
| Cerner | 118 | 96 | 22 | 23% | 710 | 616 | 15% | |
| Unisys | 112 | 109 | 3 | 3% | 979 | 985 | -1% | |
| Amazon.com | 97 | 177 | (80) | -45% | 21,268 | 17,431 | 22% | |
| Total all 22 | 9,110 | 7,941 | 1,169 | 15% | 65,479 | 57,583 | 14% | |
