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

Samsung Electronics‘ working 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 report quarterly earnings, up 10% from a 12 months previous, whilst its first-quarter working benefit climbed 1.5%.

Here are Samsung’s first-quarter effects when compared with LSEG SmartEstimates, which can be weighted towards forecasts from analysts who’re extra persistently correct:

• Revenue: 79.1 trillion Korean received vs. 78.1 trillion Korean received
• Operating benefit: 6.7 trillion Korean received vs. 6.4 trillion Korean received

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

Samsung is a number one producer of reminiscence chips, which can be used in units akin to laptops and servers, and may be the arena’s second-largest smartphone maker.

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