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Tag: revenues
Alcatel-Lucent narrows losses, revenues stable in Q1
2014-05-09 08:54:00| Telecompaper Headlines
(Telecompaper) Alcatel-Lucent returned to an adjusted operating profit of EUR 33 million in the first quarter, compared to a loss of EUR 179 million a year earlier. The result was helped by cost reductions, with improved profitability at its Core Networking division and reduced losses in the Access division. The net loss narrowed to EUR 73 million from EUR 353 million a year ago, also supported by fewer restructuring charges and lower financial losses. Operating cash flow was still negative, at EUR 59 million versus a negative EUR 279 million a year earlier. Revenues from continuing operations were up 0.3 percent year-on-year at constant exchange rates to EUR 2.963 billion. This excludes the Enterprise division up for sale. CEO Michel Combes said the results provided a good basis to build on in the rest of 2014 and works towards the company's goal of positive free cash flow in 2015.
Tags: stable
losses
revenues
q1
Telefonica Q1 revenues, earnings slide
2014-05-09 02:00:00| Total Telecom industry news
Operator's sales fall in Spain, Germany, Brazil; blames earnings decline on forex losses.
Tags: slide
earnings
revenues
telefonica
Valeant's revenues jump 77%
2014-05-08 15:15:09| Biotech - Topix.net
Valeant Pharmaceuticals International reports a first-quarter net loss of $23 million, but says its revenues jumped 77 per cent to $1.9 billion.
Tags: jump
revenues
revenues jump
Liberty Global grows revenues 2%, cash flow 8% in Q1
2014-05-07 08:30:00| Telecompaper Headlines
(Telecompaper) Cable operator Liberty Global added 370,000 revenue-generating units in the first quarter, for a total 48.64 million at the end of March. The company gained 345,000 RGUs on an organic basis, and the remainder came from small acquisitions in the UK and Austria. The total included 239,000 new broadband customers and 177,000 more telephony subscribers, offsetting a loss of 71,000 TV customers. The customer base was down by a net 6,000 in the three months, to 24.50 million. Liberty Global said it passed the 10 million triple-play customers mark during the quarter, ending Q1 with 57 percent of its customers on a bundled offer. The company also highlighted sales of its advanced TV boxes, Horizon and Tivo, which added 250,000 subscribers in Q1 to reach 550,000 Horizon users and 2.1 million Tivo customers. ARPU was USD 49.08 for the quarter, up 27 percent year-on-year thanks to the takeover of Virgin Media. The acquisition helped revenues increase to USD 4.5 billion from USD 2.7 billion a year ago. On a pro forma basis and excluding currency effects, revenues were up 2 percent. Operating cash flow was up 69 percent year-on-year to USD 2.1 billion, equal to 8 percent growth on a pro forma basis. Liberty Global maintained capital expenditure at 20 percent of revenue in the quarter, or USD 910 million.
Ritchie Bros. profits up 2 per cent to $14.3M in Q1, revenues down 3 per cent
2014-05-05 13:54:11| Industrial Machines - Topix.net
Ritchie Bros. Auctioneers Inc. reports first-quarter net earnings of $14.3 million, up two per cent, helped by the effects of a favourable tax rate and foreign exchange gains.
Tags: per
cent
profits
revenues
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