The EMC Corporation, the data storage company, said Tuesday that its fourth-quarter profit fell 45percentt as one-time expenses weighed on its results.
Gannett, the media company, reported a 21 percent decline in profit for the second quarter on Monday, but its earnings excluding one-time expenses beat Wall Street's expectations.
Merger costs and several other one-time expenses, including a $620 million loss, before taxes, on the company's investments, helped account for its bottom-line loss.
Excluding one-time expenses, CareFusion said it earned 38 cents a share, one cent better than the 37 cents expected by analysts.
But one-time expenses lowered its net income.
Factor in one-time expenses such as equipment costs.
Under adjusted C.S.O.I., costs associated with these may be treated as one-time expenses.
The company attributed the drop to one-time expenses, including acquisitions.
High research and development costs along with some one-time expenses cut into net profit.
I.B.M. said yesterday that the one-time expenses from those actions cost $2.06 billion before taxes.
But remember to subtract any likely one-time expenses like those for an appendectomy.
