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Tag: revenues
EC considers tax of up to 5% of revenues on tech giants - report
2018-02-27 12:32:00| Telecompaper Headlines
(Telecompaper) The European Union is considering a tax of up to 5 percent on the revenues of multinational digital service providers, according to European Commission documents seen by Reuters. The proposal is part of plans to tax digital companies like Google and Facebook where their users are located rather than where they are headquartered, in order to increase tax returns from the providers.
Baidu's Q4 revenues jump 29%, profit up 1%; plans IPO for iQiyi
2018-02-14 07:58:00| Telecompaper Headlines
(Telecompaper) Chinese search provider Baidu reported total revenues of CNY 23.6 billion (approximately USD 3.62 billion) for the fourth quarter of 2017, a 29 percent increase year-on-year and just ahead of its guidance. Mobile revenue represented 76 percent of total revenues, compared to 65 percent for the fourth quarter of 2016. Net income amounted to CNY 4.2 billion, representing 1 percent growth year-on-year, and adjusted EBITDA increased 78 percent year-on-year to CNY 6.9 billion.
Telenet raises outlook amid 2.3% higher revenues in Q4
2018-02-13 09:27:00| Telecompaper Headlines
(Telecompaper) Belgian operator Telenet said revenues for the fourth quarter rose 2.3 percent from the year earlier to EUR 644 million. The adjusted EBITDA advanced 6.9 percent to EUR 299 million while the net profit went up to EUR 7.5 million, from breakeven. As a result, Telenet lifted its adjusted EBITDA CAGR for 2015-2018, saying it now sees growth at 6-7 percent instead of 5-7 percent. For the full year, the operator is guiding for adjusted EBITDA growth of 7.8 percent, and capex at 26 percent of revenue, with free cash flow of EUR 400-420 million.
Tags: higher
outlook
revenues
raises
Republic Services Reaches $10B in Revenues in 2017
2018-02-09 16:26:21| Waste Age
Republic also reported net income of $664.4 million, or $1.98 per diluted share, for the three-months ended December 31, 2017.
Tags: services
republic
revenues
reaches
Twitter moves to profit, with revenues rising 2% in Q4
2018-02-08 15:17:00| Telecompaper Headlines
(Telecompaper) Twitter reported its results for the fourth quarter, showing stronger revenues and a positive profit figure. CEO Jack Dorsey said he was pleased with the quarter, noting the company returned to revenue growth, achieved its goal of GAAP profitability, increased its shipping cadence, and reached five consecutive quarters of double digit DAU (daily active user) growth.
Tags: profit
rising
moves
revenues
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