From CNET: Samsung's ready to claw its way back from the Galaxy Note 7 disaster.
The company on Thursday estimated its operating profit for the first quarter should jump nearly 50 percent from the same period a year ago, while its revenue should be about flat but better than analysts expected.
Samsung said its overall operating profit should leap to 9.9 trillion won ($8.8 billion) from 6.68 trillion won a year earlier. Its sales should total about 50 trillion Korean won ($44.2 billion), up from 49.78 trillion won a year earlier. The company didn't provide any commentary or details about its results.
Analysts expected Samsung to post revenue of 49.3 trillion won ($43.6 billion), according to a poll by Thomson Reuters.
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