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Tag: revenues
Revenues double at China's Xiaomi
2015-01-05 03:22:50| BBC News | Business | UK Edition
China's Xiaomi said it more than doubled its revenue in 2014, just a week after it was named the world's most valuable tech start-up.
Tags: double
revenues
chinas
double revenues
Blackberry narrows loss as Q3 revenues fall to USD 793 mln
2014-12-19 15:53:00| Telecompaper Headlines
(Telecompaper) BlackBerry said revenues for its third quarter to 29 November fell to USD 793 million from 1.2 billion the year before. Hardware contributed 46 percent to revenues, services accounted for another 46 percent and software for 8 percent. Hardware revenue was recognised on 2 million BlackBerry smartphones. The company sold a total of 1.9 million smartphones to end customers. The net loss narrowed to USD 148 million or USD 0.28 per share, from a loss the year before of 332 million or 0.63 per share. The non-GAAP net result went to a profit of USD 6 million or USD 0.01 per share, from a loss the year earlier of 0.02 per share. At the end of fiscal Q3, the company had total cash, cash equivalents, short-term and long-term investments of USD 3.1 billion, up by USD 43 million from the previous quarter. The EZ Pass Program resulted in a total of 6.8 million licenses issued for BES10, a 100 percent increase from fiscal Q2, with over 30 percent of total licenses traded in from competitor Mobile Device Management platforms. Going forward, Blackberry expects to maintain its strong cash position, while increasingly looking for opportunities to prudently invest in growth. The company continues to anticipate break-even or better cash flow from operations. As it expands distribution capability, the company continues to target sustainable non-GAAP profitability some time in fiscal 2016.
Govt lost almost 377bn/- in revenues in sugar industry
2014-12-18 09:36:45| Sugar Industry News
A recent study has established that the sugar sub-sector has registered a general loss of between 183bn/- and 377bn/- over the past 10 years, from 2002 to 2012.
Tags: lost
industry
sugar
revenues
Dutch mobile market slows drop in service revenues in Q3
2014-11-26 15:16:00| Telecompaper Headlines
(Telecompaper) The Dutch mobile market started to show signs of stabilisation in the third quarter, with revenues flat compared to Q2, according to research by Telecompaper. On an annual basis, mobile service revenues in the Netherlands were still down 6.4 percent to EUR 1.26 billion in Q3, but the drop slowed from an annual decline of around 8 percent in the previous three quarters. The market continues to suffer from the weak economy, which is driving a shift to cheaper SIM-only offers and low-cost brands as well as lower out-of bundle revenues. The Q3 performance is in line with Telecompaper's full-year outlook for a fall of 6.5-7.0 percent in service revenues. For the period 2014-2018, the Dutch market is expected to show a negative CAGR of 3.0 percent, reaching around EUR 4.6 billion in revenues in 2018.
Tags: service
market
mobile
drop
HP Q4 revenues fall 2%, EPS down 4%
2014-11-26 08:55:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal fourth quarter to October down 2 percent year-on-year to USD 28.4 billion. On a constant currency basis, revenues fell 3 percent. Adjusted net profit rose 5 percent from a year ago to USD 1.06 per share, in line with HP's outlook. Reported EPS was down 4 percent to USD 0.70, also in line with guidance. The company generated USD 2.7 billion in cash flow from operations in the quarter and returned USD 1.1 billion to shareholders in the form of share repurchases and dividends in the fourth quarter. CEO Meg Whitman said that HP's turnaround was on track, with revenues stabilised in the past year, strong financial discipline and strengthened operations. She expects an acceleration in the progress in 2015. For the year to October 2015, HP forecast adjusted EPS of USD 3.83-4.03, up from USD 3.74 in the past year, and reported EPS of USD 3.23-3.43, versus USD 2.62 last year. For fiscal Q1, HP estimates adjusted EPS at USD 0.89-0.93 and reported EPS of USD 0.72-0.76. The outlooks do not include costs associated with the planned separation of HP's computer and printing activities.
Tags: fall
revenues
eps
revenues fall
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