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Twitter revenues, user base grow in Q3, losses widen

2013-10-16 09:21:00| Telecompaper Headlines

(Telecompaper) Twitter reported further growth in its user base in the third quarter, reaching an average 231.7 million monthly users compared to 218.3 million in the second quarter. In an amended SEC filing for its IPO, the company said it generated revenues of USD 168.2 million in the three months to September, up from 82.3 million a year ago thanks to the growth in the user base and the expansion of its advertising products such as promoted tweets. The company's net loss swelled to USD 64.9 million in the quarter from USD 21.7 million a year earlier. Twitter also announced that it will list on the New York Stock Exchange after the IPO.

Tags: user base grow losses

 

GERMANY: Ahlers Q3 profit slumps 26% as revenues slip

2013-10-15 16:36:45| Daily apparel & textile news and comment - from just-style.com

German fashion group Ahlers blamed postponed deliveries and increased investment for a 26% slump in third quarter profit, with revenues also falling.

Tags: germany profit slip revenues

 
 

UK: Burberry CEO Ahrendts steps down, H1 revenues grow

2013-10-15 13:18:00| Daily apparel & textile news and comment - from just-style.com

Burberry CEO Angela Ahrendts has said she will step down next year to take up a new role with Apple, as the UK luxury brand posted a double-digit increase in first-half revenues.

Tags: steps grow ceo revenues

 

US: Nike targets US$36bn revenues by 2017

2013-10-10 16:37:22| Daily apparel & textile news and comment - from just-style.com

Sporting goods colossus Nike has set a new revenue target of US$36bn by the end of fiscal 2017, and expects to break $30bn by fiscal 2015, it said at an investor meeting.

Tags: targets revenues nike

 

Self-Storage Rents, Revenues Attract Investor Recognition

2013-10-02 15:55:00| National Real Estate Investor

Self-storage property owners have increased their income this year because they are enjoying the best of both worldslower vacancies and higher rents. In fact, increased rental rates haven't deterred customers, so owners continue to lift unit rates higher every few months to see how high they can lift the ceiling. read more

Tags: recognition investor revenues attract

 

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