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Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks
2020-04-22 15:06:36| OGI
Oilfield firm Baker Hughes Co. reported a $10 billion loss and lower-than-expected revenue in the first quarter on April 22 as an 80% plunge in oil prices crushed demand for services and equipment.
Tags: reports
loss
miss
demand
Huawei maintains revenue growth in Q1, sales up 1.4% to CNY 182 bln
2020-04-21 11:46:00| Telecompaper Headlines
(Telecompaper) Huawei said results for the first quarter were in line with expectations, despite the effects of the coronavirus pandemic. The company said its business is continuing as usual and provided some figures. Revenues for the quarter rose 1.4 percent from the year before to CNY 182.2 billion, while the net profit margin was 7.3 percent.
Tags: sales
growth
revenue
maintains
Maroc Telecom Group revenue rises 4% in Q1, customer base up 11%
2020-04-20 09:47:00| Telecompaper Headlines
(Telecompaper) Maroc Telecom Group's consolidated revenue increased by 4 percent to MAD 9.31 billion for the first quarter to 31 March from MAD 8.95 billion in Q1 2019, thanks to a 6.9 percent rise in the group's international revenue. EBIDTA was MAD 4.79 billion, up 3.1 percent from MAD 4.65 billion, driven by the increase in revenue. The EBITDA margin was 51.5 percent.
Worldwide semiconductor revenue declined 12% in 2019
2020-04-15 19:30:39| Digital TV News
Worldwide semiconductor revenue totaled $419.1 billion in 2019, down 12% from 2018, according to Gartner. Intel regained the No. 1 position in the market as the downturn in the memory market negatively impacted many of the top vendors.
Tags: worldwide
revenue
declined
semiconductor
Telco revenue in developed markets to fall 3.4% due to COVID-19
2020-04-15 15:00:29| Digital TV News
COVID-19 will lead to a strong decline in telecoms revenue. Revenue for telecoms operators will fall by 3.4% in 2020 compared to 2019, before returning to growth (0.8%) in 2021, according to a report published by Analysys Mason.
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