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Opinions differ on element of surprise in Nokia's Q1 loss

2019-04-25 02:00:00| Total Telecom industry news

Industry-watchers were surprised by the Q1 net loss posted by Nokia on Thursday, but the vendor itself did its best to convince the market that everything's under control. Nokia chef executive Rajeev Suri admitted that the first quarter was weak for Nokia, but "we expected that it would be…read more on TotalTele.com »

Tags: loss opinions element surprise

 

AT&T says on track with debt reduction after small rise in Q1 adjusted earnings

2019-04-24 13:20:00| Telecompaper Headlines

(Telecompaper) AT&T reported revenues up 17.8 percent in the first quarter to USD 44.8 billion, driven by its takeover of Time Warner, expansion in advertising services and mobile service revenue growth. This was offset by continued declines its legacy wireline services and pay-TV subscriber losses. The company's net profit fell to USD 4.1 billion from USD 4.7 billion, hurt by one-time charges for the merger and employee benefit schemes. On an adjusted basis, the operating margin rose to 21.4 percent from 19.7 percent, and EPS increased to USD 0.86 from USD 0.85 a year ago. 

Tags: small track rise reduction

 
 

How did The Coca-Cola Co perform in Q1 2019? - results data

2019-04-23 15:05:00| Daily beverage news and comment - from just-drinks.com

The Coca-Cola Co has retained its forecast for mid-single-digit sales growth this year, with the first three months delivering a 6% top-line rise for the group.

Tags: results data perform q1

 

Twitter lifts user numbers, beats revenue expectations in Q1

2019-04-23 13:59:00| Telecompaper Headlines

(Telecompaper) Twitter said monetisable daily active users (mDAU) rose 11 percent from the year before to 134 million in the first quarter. Growth was stronger than in the previous quarter, although the total user numbers were lower.  

Tags: user numbers revenue expectations

 

Huawei trumpets 39% revenue growth in Q1

2019-04-23 02:00:00| Total Telecom industry news

Huawei does not seem to have suffered much from the US-led campaign to stop telcos using its products: the Chinese vendor this week reported a 39% surge in first quarter revenue. The company said in a statement on Monday that it turned over 179…read more on TotalTele.com »

Tags: growth revenue q1 huawei

 

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