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Snap users fall again in Q3 while revenues hit new record

2018-10-26 09:26:00| Telecompaper Headlines

(Telecompaper) Snap reduced its losses and grew revenues in the third quarter but showed another drop in users of its app Snapchat, a trend expected to continue in Q4. Revenues rose 43 percent to a record USD 298 million, better than the company's outlook, and the adjusted EBITDA loss narrowed to USD 138 million from USD 179 million, also better than forecast. 

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Alphabet revenues advance 21% in Q3 boosted by mobile search

2018-10-26 09:16:00| Telecompaper Headlines

(Telecompaper) Google parent company Alphabet reported stronger revenues and profit in the third quarter, with the positive momentum helped by mobile search and a lower effective tax rate. Revenues rose to USD 33.74 billion, up 21 percent from the year before and by 22 percent in constant currency terms. The operating profit advanced 25 percent to USD 8.31 billion, though the margin slid to 25 percent from 28 percent. The net profit jumped to USD 9.19 billion from 6.73 billion, with diluted earnings per share going to USD 13.06 from 9.57. The effective tax rate was lower at 9 percent from 16 percent year-on-year.

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Orange maintains outlook as revenues up 1% in Q3, EBITDA grows 3%

2018-10-25 08:32:00| Telecompaper Headlines

(Telecompaper) Orange reported strengthening growth rates in the third quarter, despite what the company termed "increasingly intense" competition in its main markets France and Spain. Revenues rose 1.0 percent to EUR 10.3 billion, and adjusted EBITDA was up 3.0 percent to EUR 3.7 billion. Orange said it was on track to achieve its full-year targets and grow further in 2019. 

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Global TV revenues grow to $265 billion

2018-10-22 09:00:34| Digital TV News

According to Digital TV Research, global revenues from traditional pay TV and OTT TV episodes and movies will reach $265 billion in 2018; up from $254 billion in 2017 and $234 billion in 2015.

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America Movil improves EBITDA growth to 8% in Q3, revenues up 2%

2018-10-17 08:52:00| Telecompaper Headlines

(Telecompaper) America Movil improved EBITDA growth to 7.7 percent in the third quarter, to MXN 71.8 billion, driven by improved margins in Brazil. Revenues rose a slower 2.1 percent to MXN 250 billion. At constant exchange rates, EBITDA increased 13.0 percent year-on-year and revenue was up 3.4 percent.

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