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Tag: q1
Millicom revenues up 5% YoY, sheds 400,000 mobile clients in Q1
2020-04-30 15:05:00| Telecompaper Headlines
(Telecompaper) Millicom reported revenues up 5.1 percent to USD 1.50 billion in the first quarter of 2020, aided by recent acquisitions in Panama (Cable Onda) and Nicaragua (Telefonica) but impacted by weaker foreign currency and the early effects of the coronavirus pandemic. The company said Covi-19 lockdowns adversely affected operational and financial performance in many of its markets beginning in mid-March, and early signs suggested service revenue could be down "between 6 percent and 7 percent organically" in April. As a result, it predicted that operating and financial performance in Q2 and for the full year 2020 would be "materially weaker" than previously expected.
Tags: mobile
clients
revenues
q1
Twitter user growth hits record highs but bottom line turns to loss in Q1
2020-04-30 14:12:00| Telecompaper Headlines
(Telecompaper) Twitter lifted daily user numbers by almost a quarter in Q1 but reported results under expectations, impacted by the coronavirus pandemic. Revenues for the quarter rose 3 percent year-on-year to USD 808 million, reflecting a strong start to the quarter and later heavy hit by the covid-19 virus. Twitter said reduced expenses partially offset the revenue shortfall, resulting in an operating loss of USD 7 million, against a profit of 94 million the year before. The net loss went to USD 8 million, with a diluted loss per share of USD 0.07, from a profit of 191 million and 0.25 per share.
Facebook records strong engagement though slower growth in Q1
2020-04-30 09:45:00| Telecompaper Headlines
(Telecompaper) Facebook reported more engagement on its social network as people were confined to their homes during the coronavirus pandemic. This resulted in strong growth metrics but the company cautioned that some of this engagement should lessen in the future as in-place restrictions ease. Revenues went up in the quarter but growth was affected by less demand for advertising, plus a related decline in the pricing of ads. The company will therefore give no specific guidance for the second quarter, just a "snapshot" of how it is faring so far.
Tags: records
strong
growth
engagement
Swisscom sees drop in revenues, EBITDA, minimal impact of Covid-19 crisis in Q1
2020-04-30 09:23:00| Telecompaper Headlines
(Telecompaper) Swisscom said that its revenues decreased by 4.3 percent year-on-year in Q1 2020 to CHF 2.73 billion, in line with expectations, and with minimal impact of the Covid-19 crisis on its financial results for the period. EBITDA fell 0.7 percent to CHF 1.11 billion. In the Swiss market, the company saw a 4.4 percent decline in revenues to CHF 2.07 billion in the first quarter, with revenues in the telecommunication services down by CHF 72 million amid persistent competitive and price pressure in various segments.
Tags: impact
drop
crisis
minimal
Orange maintains revenue growth of 1% in Q1, outlook unchanged
2020-04-30 08:24:00| Telecompaper Headlines
(Telecompaper) Orange maintained growth in the first quarter, saying it's yet to see a major impact on results from the Covid-19 pandemic. The operator grew sales 1.0 percent on a like-for-like basis to EUR 10.4 billion and increased EBITDAal by 0.5 percent on the same basis to EUR 2.6 billion. The company maintained its full-year outlook and said it would provide a further update at its Q2 report after the impact of the crisis is more clear.
Tags: growth
orange
revenue
outlook
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