Quanta Q2 profit beats f'casts, upbeat on Q3 shipments
TAOYUAN, Taiwan |
TAOYUAN, Taiwan Aug 24 (Reuters) - Quanta Computer (2382.TW), the world's largest contract laptop PC maker, reported market-beating second-quarter earnings on Monday, boosting hopes of returning tech demand as the global economy recovers. A key supplier to top brands such as HP (HPQ.N), Dell (DELL.O) and Apple (AAPL.O), the company said it made a net profit of T$4.897 billion ($149 million) in the April-June quarter, better than analysts' expectations for a T$3.7 billion net profit but smaller than the T$5 billion recorded a year ago.
The company also said it expected shipments in the current quarter to climb over 20 percent from the previous three months.
(Reporting by Roger Tung; Editing by Jonathan Hopfner)
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