Photo illustration showing the Samsung Group company logo displayed on a smartphone screen.
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Samsung Electronics‘ operating profit and revenue beat analysts’ estimates Wednesday, as sales of its flagship Galaxy S25 smartphones and as well as memory chips rose.
The South Korean company posted a record quarterly revenue, up 10% from a year earlier, while its first-quarter operating profit climbed 1.5%.
Here are Samsung’s first-quarter results compared with LSEG SmartEstimates, which are weighted toward forecasts from analysts who are more consistently accurate:
First-quarter revenue marginally topped Samsung’s forecast of 79 trillion won, while operating profit also came in higher than the company’s expectations of 6.6 trillion Korean won.
Samsung is a leading manufacturer of memory chips, which are utilized in devices such as laptops and servers, and is also the world’s second-largest smartphone maker.
The company flagged macroeconomic uncertainties due to trade tensions and a slowdown in global growth. Samsung expects performance to improve in the second half of the year, “assuming that the uncertainties are diminished.”
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