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Twitter narrows loss as EBITDA reaches record high in Q3

2015-02-06 07:57:00| Telecompaper Headlines

(Telecompaper) Twitter's fourth-quarter revenues soared 97 percent from the year before to USD 479 million. Advertising revenue lifted 97 percent to USD 432 million, with mobile advertising revenue making up 80 percent of the total. Data licensing and other revenue advanced 105 percent to USD 47 million while international revenue totalled USD 164 million, up 149 percent. The company recorded record quarterly profit on an adjusted EBITDA basis, reaching USD 141.5 million from 44.8 million. The net loss meanwhile narrowed to USD 125.4 million from a net loss the year earlier of 511.5 million. CEO Dick Costolo expects the absolute number of net users added in the first quarter to be at similar levels as those seen during the first three quarters of 2014. This follows a loss of 4 million monthly users in Q4 due to changes in third-party integrations. Twitter's active monthly users will still up 20 percent year-on-year to 288 million, of which around 80 percent were on mobile platforms. For the first quarter, the company is guiding for revenues of USD 440-450 million and adjusted EBITDA of USD 89-94 million.

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Ancient snow patches melting at record speed

2015-02-06 05:53:00| Climate Ark Climate Change & Global Warming Newsfeed

PhysOrg: Norway is dotted with small glaciers and permanent snow patches that contain all sorts of archaeological treasures, from ancient shoes to 5000-year-old arrowheads. But climate change has turned up the temperature on these snowfields and they are vanishing at an astonishing rate. They actually shouldn't be found in Norway. Summers are too hot and winters too dry for glaciers or perennial snow patches to form here. Yet, the Kringsollfonna ice patch in S¸r-Tr¸ndelag county and the Storbreen glacier...

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Silicon Labs wows Wall Street amid record Q4 revenue

2015-02-05 00:03:17| Electronics - Topix.net

Shares of Silicon Laboratories Inc. surged more than 8 percent Wednesday after the company posted record fourth-quarter revenue and handily beat analyst earnings estimates. The Austin-based company reported a quarterly profit of $10 million, or 23 cents per share, on revenue of $161.9 million compared with a profit of $10.6 million, or 24 cents per share, on revenue of $146.2 million during the same period the previous fiscal year.

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Hottest year record ramps up climate pressure

2015-02-04 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New Scientist: LAST year was the warmest on record, even though El Nio failed to show up. Most of the previous hottest years, such as 1998, have come with the warmer sea surfaces that El Nio brings. If there ever was a warming hiatus, it is over. The long-term trend continues. The world is warming by 0.16 °C per decade. The effects are evident: record heatwaves, as in Australia, and record floods - and snow - in many places, with Mozambique and the US the latest to feel the effects. Sea level is rising...

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Toyota expects record annual profits

2015-02-04 09:24:17| BBC News | Business | UK Edition

Toyota, the world's biggest carmaker, raises its annual profit outlook as the weak yen offsets a fall in domestic sales.

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