LG Electronics has reported its earnings for Q3 2012, notching its third straight quarter of positive income with a net profit of 157 billion won ($138.57 million) and "solid" performances from its home theater and mobile businesses. Revenue is down from the same period last year, but seeing as it's actually making money this time around it's probably still reason to celebrate. On the mobile side of the aisle it reports an operating profit of $19.42 million with slightly higher sales than Q2, mostly thanks to those LTE smartphones it's been rolling out. Its home entertainment biz noted a rise in LCD sales, with 3D TVs and LED-lit models growing from last quarter in most markets. We're digging through the numbers now, check out more details in the press release after the break or detailed breakdowns in the PDF linked below.
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Filed under: Cellphones, Home Entertainment, HD, Mobile, LG
LG records a 'solid' $138.57 million net profit for Q3, keeps the positive trend going originally appeared on Engadget on Wed, 24 Oct 2012 00:32:00 EDT. Please see our terms for use of feeds.
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