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Tag: revenue
Verizon Communications beats 1Q net income expectations, misses revenue forecasts
2015-04-21 14:22:30| Telecom - Topix.net
The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for earnings of 95 cents per share.
Tags: net
communications
income
revenue
Tele2 mobile service revenue grows 10% in Q1
2015-04-21 08:32:00| Telecompaper Headlines
(Telecompaper) Tele2 reported first-quarter sales up 6 percent to SEK 6.512 billion, led by 10 percent growth in mobile service revenue. Revenue was also helped by currency effects and rose just 2 percent excluding forex. EBITDA increased 5 percent (or 2 percent excl forex) to SEK 1.428 billion, while net profit fell 12 percent to SEK 517 million. The results are based on continuing operations and exclude the SEK 1.8 billion capital gain realised on the sale of Tele2 Norway. Tele2 also started a 'challenger' programme in Q4 with the aim of increasing productivity and saving SEK 1 billion annually by 2018. This resulted in SEK 14 million in restructuring costs in Q1 and led to a 27 percent fall in EBIT to SEK 702 million.
Tags: service
mobile
revenue
grows
Oil Search suffers quarterly revenue slump
2015-04-21 05:08:30| Oil & Gas - Topix.net
But the oil and gas producer remains on track to meet its full year production forecasts as it cuts costs to keep its balance sheet in a sound position. Oil Search, which has a 30 per cent stake in the PNG LNG project in Papua New Guinea, said revenue fell 16 per cent to $US472.3 million in the March quarter compared to $US562.1 million in the previous quarter.
Tags: search
oil
revenue
quarterly
IBM revenue slides about 12 percent
2015-04-21 01:11:08| Electronics - Topix.net
International Business Machines Corp reported an about 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. People walk past sign at the booth of IBM at the CeBIT trade fair in Hanover in this March 15, 2015, file photo.
Tags: percent
revenue
ibm
slides
IBM revenue falls for the 12th straight quarter
2015-04-20 23:32:41| Semiconductors - Topix.net
International Business Machines Corp reported an about 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. It was the 12th straight quarter that the Armonk, New York-based company reported a drop in quarterly revenue, including the effects of currency.
Tags: straight
falls
quarter
revenue
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