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Tag: forecasts
ABI Research forecasts more than 20M connected cars to ship globally with built-in software-based security technology by 2020
2014-02-11 15:30:28| Green Car Congress
Tags: research
technology
security
cars
Sprint forecasts stronger EBITDA growth in 2014
2014-02-11 13:13:00| Telecompaper Headlines
(Telecompaper) Sprint forecast a further improvement in adjusted EBITDA in 2014, after reporting 13 percent growth in 2013. The result rose to USD 5.4 billion last year and is expected to reach USD 6.5-6.7 billion in 2014. In the fourth quarter of 2013, Sprint increased revenues slightly to USD 9.14 billion from USD 9.01 billion a year ago, helped by the acquisition of Clearwire, and adjusted EBITDA rose nearly 40 percent to USD 1.15 billion, helped by reduced handset subsidies and the shutdown of the Nextel network. Customer growth improved compared to the third quarter, with the net addition of 477,000 subscribers, including 219,000 in prepaid and 327,000 wholesale, offset by the loss of 69,000 in postpaid. The company added a net 58,000 postpaid users under the Sprint brand in the quarter, but lost 127,000 at Clearwire and the operations acquired last year from US Cellular. In total, Sprint had 55.354 million customers at year-end, down from 55.626 million at the end of 2012. The number of connected devices rose by over 1 million year-on-year, including 466,000 tablets in Q4 alone, to 4.50 million at end-2013. Despite more of the low-margin devices, ARPU improved over the year to USD 63.44 for retail postpaid and USD 27.34 for retail prepaid in Q4. Sprint increased capex last year to USD 7.45 billion from USD 5.37 billion in 2012. The company plans a further increase this year to around USD 8 billion, as it expands LTE coverage to 250 million people by mid-year, from 200 million currently.
Tags: growth
stronger
sprint
forecasts
HTC forecasts net loss, lower sales in Q1
2014-02-10 09:11:00| Telecompaper Headlines
(Telecompaper) HTC forecast a further fall in results in the first quarter. Revenue is expected at TWD 34-36 billion, down from TWD 43 billion in the fourth quarter. The gross margin is expected to improve to around 21.75 percent from 17.8 percent in the last quarter, while the net result will be a loss of TWD 2.1-2.6 per share, reversing a profit of TWD 0.38 in Q4. HTC did not provide further details on its fourth-quarter handset sales. The company did announce a new licensing agreement with Nokia, putting an end to their multiple patent infringement cases. No financial details of the agreement were disclosed.
US: Wet Seal forecasts larger Q4 loss on sales declines
2014-02-06 16:00:00| Daily apparel & textile news and comment - from just-style.com
The Wet Seal has said its expects to report a larger fourth-quarter loss than previously guided for due to lower-than-expected sales and higher promotional activity.
Renesas Electronics Announces Consolidated Financial Forecasts and...
2014-02-06 12:01:21| Electronics - Topix.net
Renesas Electronics Corporation , a premier supplier of advanced semiconductor solutions, today announced the consolidated full-year financial forecasts and forecasts of cash dividends for the fiscal year ending March 31, 2014.
Tags: electronics
financial
consolidated
announces
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