Siemens AG (NYSE:SI) will release the fourth quarter earnings for 2009 on Thursday, December 3. The financial results will be posted on the company’s website at w1.siemens.com/press/en/events/corporate/2009-q4.php. A live press conference will be broadcasted live and available on the same page, in addition to satellite data, press pictures, and accompanying documents.
Siemens’ third quarter earnings reported revenues of €18.348 billion, 4% lower than the previous year during the same period. The company’s net income was €1.317 billion, higher than the second quarter but still less than the third quarter of 2008. Free cash flow was also reported to have declined due to substantial outflows from previously reported project reviews and initiatives in order to safeguard profitability.
Penny Stock Professor, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Penny Stock Picks.
Siemens AG (Siemens) is engaged in electronics and electrical engineering. During the fiscal year ended September 30, 2008 (fiscal 2008), the Company reorganized its operations. It operates in six segments: Industry, Energy, Healthcare, Siemens IT Solutions, Services and Siemens Financial Services (SFS), and Equity Investments. Industry, Energy and Healthcare segments are reported along with 14 divisions, which comprise the Divisions Industry Automation, Drive Technologies, Building Technologies, Osram, Industry Solutions and Mobility belonging to the Industry Sector, the divisions Fossil Power Generation, Renewable Energy, Oil & Gas, Power Transmission and Power Distribution belonging to the Energy Sector, and the Divisions Imaging & Information Technology (IT), Workflow & Solutions and Diagnostics belonging to the Healthcare Sector. As a globally operating organization, the Company also conducts business with customers in Iran, Sudan, Syria and Cuba.
Follow us on Twitter: http://www.twitter.com/pennystockspro
Sign up for the free Penny Stock Professor newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
Penny Stock Professor is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
