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Tag: revenue
Verizon profit beats but revenue slightly short
2015-07-21 14:27:49| IT Services - Topix.net
Revenue rose 2.4% to $32.2 billion. The FactSet consensus was for EPS of $1.01 and revenue of $32.5 billion.
Tags: short
slightly
profit
revenue
Cable & Wireless first-quarter revenue rises 4%
2015-07-21 09:22:19| IT Services - Topix.net
Cable & Wireless Communications PLC , a telecoms company serving Caribbean and Central American markets, Tuesday said first-quarter revenue rose 4% to $583 million, helped by revenue from recently-acquired Columbus International Inc. The company had net debt of $2.61 billion on June 30, up by $239 million since March 31, "primarily due to costs associated with the acquisition of Columbus and a scheduled pension top-up payment of GBP31 million." Revenue from the company's Cable & Wireless Communications arm rose 4%, including a 12% increase at Columbus.
Tags: wireless
cable
revenue
rises
Tele2 revenue growth continues in Q2, EBITDA turns lower
2015-07-21 08:42:00| Telecompaper Headlines
(Telecompaper) Tele2 reported continued revenue growth in the second quarter on its expansion in the mobile market, while profits fell due to the costs of launching its own network in the Netherlands and restructuring. Total revenues rose 4 percent to SEK 6.611 billion, led by a 7 percent rise in mobile service revenues to SEK 3.324 billion. EBITDA fell to SEK 1.393 billion from SEK 1.470 billion a year ago, and the margin dropped to 21 percent from 23. In addition to lower profits from fixed services, EBITDA was hurt by losses in the Netherlands mobile business for the roll-out of its own network there and SEK 71 million in charges for the earlier announced 'Challenger' programme to reduce costs. Net profit dropped to SEK 309 million from SEK 802 million a year ago, when the company had a positive one-off of SEK 363 million from the valuation of a put option in Kazakhstan. Capital expenditure jumped to SEK 1.134 billion from SEK 850 million in the year-earlier period, amid increased investments in mobile networks in the Netherlands, Sweden and Kazakhstan. Free cash flow was a negative SEK 268 million, little changed from a year ago. Tele2 maintained its outlook for mid single-digit growth in mobile service revenue this year and total revenues of SEK 25.5-26.5 billion. EBITDA is expected to reach SEK 5.8-6.0 billion in 2015, and capital expenditure will total SEK 3.8-4.0 billion. Restructuring costs for the Challenger programme are expected at around SEK 200 million.
Tags: lower
growth
continues
revenue
EFI reports record second quarter revenue
2015-07-21 07:00:00| Label and Narrow Web Breaking News
For the quarter ended June 30, 2015, the company reported revenue of $202.7 million, up 5% from 2014.
Tags: reports
record
quarter
revenue
Millicom posts revenue growth but slips into the red
2015-07-21 02:00:00| Total Telecom industry news
Emerging markets operator aims to become Latin America's second largest cable operator.
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