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USA Truck Narrows Quarterly Loss, Beats Revenue Estimates
2014-04-30 15:20:10| Trucking - Topix.net
USA Truck Inc. of Van Buren posted another quarterly loss on Wednesday, but it was narrower than the trucking firm reported last year, and the company beat analysts' estimates for quarterly revenue.
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TransAlta swings to profit on revenue gains
2014-04-29 17:02:08| Chemicals - Topix.net
Power generation company TransAlta Corp. reports net earnings of $49-million, or 18 cents per share, up $60-million from a net loss of $11-million, or four cents per share, in the same period last year.
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Sprint revenue rises on new device installment plan
2014-04-29 16:08:08| Telecom - Topix.net
Sprint Corp, the No. 3 U.S. mobile provider on Tuesday reported an increase in quarterly revenue in line with analysts' expectations, due to a new billing plan that lowered wireless expenses.
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Bharti Airtel quarterly revenue up 13.5% on Indian strength
2014-04-29 14:01:00| Telecompaper Headlines
(Telecompaper) India-based Bharti Airtel reported revenue for its fiscal fourth quarter to March up 13.5 percent year-on-year to INR 222.2 billion. The company grew revenues 11.6 percent in its home market and 3 percent abroad, helped by stronger voice pricing in India, a near doubling in mobile data revenue and customer expansion in Africa and south Asia. EBITDA improved 20.6 percent to INR 73.1 billion, and net profit jumped 89.1 percent to 9.6 billion, supported by lower forex losses. The operator finished the quarter with 295.9 million customers in 20 countries, up 3.0 percent from the end of 2013 and 9.1 percent more than March 2013. Quarterly growth slowed in Africa to 1.7 percent due to regulatory issues, notably a sales ban in Nigeria, giving Airtel 69.44 million customers on the continent at end-March. In India, mobile customers grew 3.5 percent in the three months to 205.52 million, TV subscribers were up 2.3 percent to 9.01 million, and fixed customers were unchanged at 3.36 million. After a 22 percent rise in net income over the full year, Airtel raised its dividend to INR 1.80 per share from INR 1.00 last year.
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Orange maintains outlook as revenue trend improves in Q1
2014-04-29 08:51:00| Telecompaper Headlines
(Telecompaper) Orange reported improving trends in the first quarter, with the drop in revenues slowing compared to the previous quarter. Revenues were down 4.6 percent year-on-year to EUR 9.80 billion, hurt in part by negative forex effects (-0.6%). On a comparable basis, excluding regulatory effects, sales fell 4.9 percent in France and 5.1 percent in Poland, but rose 3.2 percent in Spain. The rest of the world was down 0.2 percent, as growth in the Mideast, Africa and Romania was offset by weakness in other European markets such as Slovakia and Belgium. Orange reported adjusted EBITDA down 3.4 percent to EUR 3.02 billion, with the margin up 0.4 percent point to 30.8 percent thanks to savings on sales and personnel costs. Capital expenditure was little changed year-on-year at EUR 1.16 billion in Q1. Orange attributed the improved results to its investments in fibre and LTE, as well as convergent offers. The operator also grew its customer base 4.2 percent year-on-year to 239.4 million. Orange maintained its outlook for full-year adjusted EBITDA of EUR 12.0-12.5 billion, a net debt ratio closer to 2x EBITDA by year-end and an increase in the dividend to 60 cents a share.
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