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AT&T grows Q2 revenue 1.4% to USD 33 billion

2015-07-24 08:29:00| Telecompaper Headlines

(Telecompaper) AT&T reported EUR 33 billion of consolidated revenue in the second quarter, up 1.4 percent compared to the second quarter of 2014. This operator's revenue reflects its Mexican acquisitions (Iusacell and Nextel Mexico) and pressure from foreign exchange and its exit from global hubbing. AT&T's Operating income rose by 1.7 percent to USD 5.71 billion, but adjusting for merger and integration-related expenses, it came in at USD 6.5 billion, compared with USD 5.8 billion a year earlier. Net profit declined by 14.2 percent to USD 3.04 billion, corresponding to USD 0.58 per diluted share, compared to USD 3.5 billion and USD 0.68 in the second quarter of 2014. AT&T's wireless segment grew its revenue by 2.1 percent to UDS 18.3 million. Operating income rose 8.2 percent to USD 4.69 billion. The company added 2.1 million mobile customers, including 410,000 postpaid, 331 prepaid and 1 million connected cars, to reach 123.9 million total wireless subscribers and connections at the end of June. In wireline, AT&T's revenue declined by 2.9 percent to USD 14.21 billion and the operating income dropped by 4.1 percent to USD 1.36 billion. Within the total, U-verse revenues grew by 19.2 percent to USD 4.1 billion. Wireline voice connections declined by 652,000 in the second quarter to 23.5 million at the end of June. This includes broadband connections down by 136,000 to 15.96 million and U-verse video connections decreased by 22,000 to 5.97 million. Strategic business service revenue rose by 13 percent to USD 2.7 billion.

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Vodafone organic service revenue growth improves to 0.8%

2015-07-24 08:28:00| Telecompaper Headlines

(Telecompaper) Vodafone showed a small improvement in underlying sales trends in its fiscal first quarter to June. Organic service revenues rose 0.8 percent year-on-year, with a 1.5 percent fall in Europe and 6.1 percent growth in Asia and Africa. Vodafone said it saw a continued recovery in Europe, as the UK grew service revenue 0.2 percent and the drop in organic service revenue slowed in Germany (-1.2%), Italy (-2.0%) and Spain (-5.5%). It also returned to revenue growth in South Africa and saw a strong increase of 15.0 percent in organic service revenue in Turkey and 6.9 percent growth in India. Group total revenue still fell 0.9 percent to GBP 10.1 billion, as negative forex effects took 7.3 percent points off revenue and acquisitions added 3.1 percent. Vodafone CEO Vittorio Colao said the improving revenue trend was due in part to customer demand for 4G and mobile data. Across the group, the total amount of data traffic carried over Vodafone networks grew by 78 percent, with the AMAP region growing 97 percent and Europe 64 percent. Vodafone had 24.1 million 4G customers across 18 markets at the end of June, and 4G accounted for 35 percent of all data traffic in its European markets. In AMAP, the number of active data users increased by 6.6 million in the quarter to 122.2 million. The number of fixed broadband subscribers rose by 264,000 in the quarter to 12.3 million. Vodafonealso added 3.36 million mobile customers in the three months, for a total 449.1 million at the end of June. 

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Skyworks Exceeds Q3 FY15 Revenue and EPS Guidance

2015-07-24 06:35:23| Semiconductors - Topix.net

Skyworks Solutions, Inc. , an innovator of high performance analog semiconductors connecting people, places and things, today reported third fiscal quarter results for the period ending July 3, 2015. Revenue for the third fiscal quarter was $810.0 million, up 38 percent year-over-year and exceeding the Company's guidance of $800 million.

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Skyworks Exceeds Q3 FY15 Revenue and EPS Guidance

2015-07-24 06:27:26| Electronics - Topix.net

Skyworks Solutions, Inc. , an innovator of high performance analog semiconductors connecting people, places and things, today reported third fiscal quarter results for the period ending July 3, 2015. Revenue for the third fiscal quarter was $810.0 million, up 38 percent year-over-year and exceeding the Company's guidance of $800 million.

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Under Armour lifts outlook after Q2 revenue hike

2015-07-23 16:59:00| Daily apparel & textile news and comment - from just-style.com

Sportswear specialist Under Armour has lifted its full-year outlook after booking its 21st consecutive quarter of revenue growth above 20%, driven by consumers ongoing interest in fitness and athleisure products.

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