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Ericsson's Q3 revenue growth tempered by US slowdown

2014-10-24 02:00:00| Total Telecom industry news

Kit maker's gross margin widens on higher hardware margins, growth in intellectual property revenues.

Tags: us growth revenue slowdown

 

America Movil Q3 revenue rises 4% on mobile, TV growth

2014-10-24 02:00:00| Total Telecom industry news

Operating profit falls 5.5% due to higher depreciation, amortisation charges.

Tags: tv mobile america growth

 
 

Husky Energy reports third-quarter profit and revenue up from year ago

2014-10-23 18:33:06| Energy - Topix.net

Husky Energy said Thursday it earned $571 million in its third quarter, up from $512 million from the same period a year ago. The energy company said the profit amounted to 52 cents per diluted share for the three months ended Sept.

Tags: year ago reports energy

 

Waste-to-Energy Firm Covanta Reports Lower Earnings, Revenue for Quarter

2014-10-23 11:00:00| Waste Age

Waste-to-energy firm Covanta Holding Corp. posted lower net profits and revenue in its third quarter compared with a year ago. read more

Tags: reports lower firm quarter

 

AT&T lowers FY revenue outlook

2014-10-23 08:26:00| Telecompaper Headlines

(Telecompaper) AT&T has lowered its annual revenue growth outlook to 3-4 percent, from 5 percent previously. The company blamed the downgrade on divestments, such as its Connecticut wireline assets sold to Frontier, an exit from low-margin wireline wholesale businesses and fewer customer additions for AT&T Next, its handset upgrade programme. For the third quarter, the US operator posted revenues up 2.5 percent year-on-year to USD 33.0 billion. Operating profit fell to USD 5.4 billion from USD 6.2 billion a year ago, hurt by higher costs for the integration of Leap and Alltel and the proposed takeover of DirecTV. Excluding these costs, the operating margin was 17.2 percent. Net profit fell to USD 3.0 billion or 58 cents a share, from USD 3.8 billion or 72 cents a share a year ago. Adjusting for USD 0.03 of the previously mentioned merger and integration-related expenses and USD 0.02 of costs for early debt redemption, EPS was USD 0.63, compared to USD 0.66 in the year-ago quarter. Cash from operating activities totaled USD 8.7 billion in the third quarter, and capital expenditures reached USD 5.2 billion.

Tags: att revenue outlook lowers

 

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