EMC Corp (EMC) reported earnings for third quarter that decreased from last year.
The company said its bottom line came in at $837 million, or $0.429 per share. This was down from $903 million, or $0.438 per share, in last year's third quarter.
Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 0.8% to $6.08 billion. This was up from $6.03 billion last year.
EMC Corp earnings at a glance:
-Earnings (Q3): $837 Mln. vs. $903 Mln. last year.
-Earnings Decline (Y-o-Y): -7.3%
-EPS (Q3): $0.429 vs. $0.438 last year.
-EPS Decline (Y-o-Y): -2.1%
-Analysts Estimate: $0.44
-Revenue (Q3): $6.08 Bln vs. $6.03 Bln last year.
-Revenue Change (Y-o-Y): 0.8%
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