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Vodafone service revenue still on the slide

2014-07-25 02:00:00| Total Telecom industry news

CEO Vittorio Colao encouraged by signs of stability in Europe; reaches 1 million UK 4G customers.

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Husky Energy reports Q2 profit, revenue and production up from year ago

2014-07-24 18:08:11| Oil & Gas - Topix.net

Husky Energy says it earned $628 million in its latest quarter, up from $605 million a year ago as production increased about eight per cent.

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Husky Energy reports Q2 profit, revenue and production up from year ago

2014-07-24 17:50:05| Energy - Topix.net

Husky Energy says it earned $628 million in its latest quarter, up from $605 million a year ago as production increased about eight per cent.

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Qualcomm warns of licence revenue shortfall in China

2014-07-24 08:17:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues for its fiscal third quarter to June of USD 6.81 billion, up 9 percent from a year earlier and 7 percent more than in the previous quarter. Operating profit rose 24 percent year-on-year to USD 2.08 billion, and net profit was up 42 percent to USD 2.24 billion or USD 1.31 per share. The results were better than the company's outlook, driven by demand for its chips in smartphones. The company however lowered its near-term outlook due to suspected under-reported revenues from licensees in China. Qualcomm estimates 287-296 million 3G/4G devices not reported or not licensed by manufacturers this year compared to its previous sales estimate, leading to a revenue shortfall. Some manufacturers may be delaying taking a licence pending the outcome of the investigation by the Chinese authorities into Qualcomm's business practices. Qualcomm said it's taking steps to address the issue, but it can't give a timetable for a resolution. As a result, the company narrowed its outlook for full-year results to 6-9 percent revenue growth and 1.04-1.13 billion devices shipped, versus a previous estimate of 5-11 percent revenue growth and 1.22-1.30 billion devices shipped. The EPS outlook was improved to 17-21 percent growth, helped by further share buybacks planned for the fourth quarter. 

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UPDATE 1-Cirrus Logic forecasts quarterly revenue below estimates

2014-07-24 03:11:00| Semiconductors - Topix.net

Cirrus Logic Inc, a supplier of audio chips for the iPhone, forecast current-quarter revenue slightly below the midpoint of analysts' estimates.

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