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11 months ago
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Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025.
David Paul Morris | Bloomberg | Getty Images
Samsung Electronics on Thursday reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.
The South Korean technology giant posted a quarterly revenue of 74.6 trillion Korean won, up slightly from 74.07 trillion won a year earlier.
Here are Samsung's second-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:
- Revenue: 74.6 trillion won ($53.5 billion) vs. 74.43 trillion won
- Operating profit: 4.7 trillion won vs. 5.33 trillion won
While Samsung's second-quarter operating profit beat its forecast of around 4.6 trillion won, it was a steep drop from the 10.44 trillion won recorded in the same period last year.
Samsung's second-quarter operating revenue also beat its forecast of 74 trillion won.
The company is a leading provider of memory chips, semiconductor foundry services and smartphones.
