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AT&T Forecasts Double-Digit Revenue Growth

2015-08-12 16:25:54| Telecom - Topix.net

AT&T Inc, the No.2 U.S. telecom company, said it expected double-digit consolidated revenue growth for the rest of 2015, citing gains from its purchase of DirecTV. AT&T, which closed the acquisition of DirecTV in July, forecast 2015 adjusted profit of $2.62-$2.68 per share.

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SMIC Expects First 28nm Revenue by Year End

2015-08-12 16:04:45| Electronics - Topix.net

Semiconductor Manufacturing International Corp. , China's largest foundry, said Wednesday that it expects to make its first sales of 28nm products by the end of this year. The company will start commercial production of its most advanced technology node in the third quarter and expects its first revenue contribution from 28nm in the fourth quarter of 2015, SMIC CEO Tzu-Yin Chiu said on a conference call to announce the company's second-quarter results.

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SMIC Expects First 28nm Revenue by Year End

2015-08-12 15:39:28| Semiconductors - Topix.net

Semiconductor Manufacturing International Corp. , China's largest foundry, said Wednesday that it expects to make its first sales of 28nm products by the end of this year. The company will start commercial production of its most advanced technology node in the third quarter and expects its first revenue contribution from 28nm in the fourth quarter of 2015, SMIC CEO Tzu-Yin Chiu said on a conference call to announce the company's second-quarter results.

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Alibaba quarterly revenue misses estimates, slowest growth in more than three years

2015-08-12 15:33:54| IT Services - Topix.net

Alibaba Group Holding Ltd's revenue for the three months ended June rose 28 percent, missing analysts' estimates, with growth slowing to its lowest rate in more than three years. China's biggest e-commerce company posted quarterly revenues of $3.27 billion, below an expected $3.39 billion, according to a Thomson Reuters SmartEstimate poll of 28 analysts.

Tags: years three growth estimates

 

Fossil (FOSL) Stock Slumping in After-Hours Trading on Revenue Miss

2015-08-12 00:42:34| Jewelry - Topix.net

For the quarter ended July 4, the watchmaker reported earnings of $1.12 per share on revenue of $740 million. In the same period the previous year the company earned 98 cents per share on revenue of $773.8 million.

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