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HTC confirms drop in Q3 results, no guidance for Q4

2015-10-30 12:07:00| Telecompaper Headlines

(Telecompaper) HTC has refrained from giving an outlook for its fourth-quarter results. In a presentation on the Q3 figures, the smartphone maker did not provide its usual guidance for the current quarter. HTC said Q3 results were better than expected, despite soft demand at the high end of the market. The restructuring programme underway resulted in a drop in operating expenses, while R&D spending was maintained. The company's revenues fell to TWD 21.4 billion from TWD 41.9 billion a year ago, in line with its outlook for sales of TWD 19-22 billion. The gross margin dropped to 18.0 percent from 22.9 percent in Q3 2014, below the group's forecast of 19.0-19.5 percent. HTC recorded an operating loss of TWD 4.9 billion, compared to a profit of TWD 0.2 billion a year earlier. The net result was a loss of TWD 5.41 per share, better than its forecast of TWD 5.51-5.85.  

Tags: results drop guidance htc

 

Nokia raises Networks guidance despite Q3 revenue slip

2015-10-29 01:00:00| Total Telecom industry news

Finnish kit maker announces 7 billion capital restructure; brings forward 900 million synergy target by a year.

Tags: networks nokia revenue guidance

 
 

Next lifts guidance after Q3 sales rise 

2015-10-28 12:06:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Next Plc has lifted the lower end of its full-year outlook, after booking sales gains during the third quarter. 

Tags: sales rise guidance lifts

 

Telenor trims 2015 guidance, Denmark exit an option

2015-10-28 01:00:00| Total Telecom industry news

Norwegian operator posts organic revenue and EBITDA growth in Q3; swings to loss on Vimpelcom charge.

Tags: option denmark exit guidance

 

CBP Announces FDA Guidance on Products from Tianjin

2015-10-27 09:00:00| Expeditors Newsflash - Americas Edition

Expeditors Newsflash - Americas Edition

Tags: products guidance announces fda

 

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