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Tag: profit doubles
Amazon doubles profit again in Q3
2020-10-30 09:33:00| Telecompaper Headlines
(Telecompaper) Amazon posted much higher than expected results for the third quarter, with CEO Jeff Bezos saying more people shopped early for holiday gifts, "one of the signs that this is going to be an unprecedented holiday season."
Tags: amazon
profit
doubles
q3
Facebook doubles profit on strong growth in user numbers during Q2, sees pressure for ad revenue
2020-07-31 11:37:00| Telecompaper Headlines
(Telecompaper) Facebook doubled its net profit in the second quarter amid continued high engagement on its network amid the covid-19 pandemic, even as revenue growth slowed to 11 percent. The company noted however that it was seeing signs of normalisation in user growth and engagement as lockdown measures ease in some parts of the world, particularly in developed markets where the company's penetration is higher. The company expects the daily and monthly user growth to sequentially flatten or even decline in the third quarter as shelter-in-place measures restrictions continue to lessen.
Tags: user
strong
numbers
growth
Amazon lifts revenues, doubles profit in Q2
2020-07-31 08:58:00| Telecompaper Headlines
(Telecompaper) After saying earlier that profits might suffer in the second quarter amid investments related to covid-19 pandemic, Amazon has reported a doubling of its operating and net profit, with revenues up 40 percent.
Tags: amazon
profit
revenues
doubles
Axiata Group's Q1 profit doubles on one-off gains from M1 divestment
2019-05-29 09:31:00| Telecompaper Headlines
(Telecompaper) Axiata's cash balance grew to MYR 6.8 billion in the first quarter of 2019, up from MYR 5.1 billion in 2018, following the M1 divestment which resulted in an estimated MYR 1.65 billion cash gain. Axiata agreed to sell its stake in Singapore operator M1 in the buy-out offer from shareholder Keppel.
Tags: groups
profit
gains
doubles
Lululemon almost doubles FY profit on flawless execution
2019-03-28 11:05:00| Daily apparel & textile news and comment - from just-style.com
Shares in Lululemon Athletica soared by 11.55% in pre-market trading this morning (28 March) after the Canadian yogawear retailer almost doubled its fourth-quarter profits and hailed fiscal 2018 as one of its "strongest years."
Tags: profit
execution
doubles
flawless