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Orange returns to revenue growth in Q2, posts net loss on Spain writedown
2021-07-29 09:48:00| Telecompaper Headlines
(Telecompaper) Orange reported a return to revenue growth in the second quarter, with sales up 1.7 percent to EUR 10.55 billion as commercial activity improved...
AT&T reports strong growth in streaming, mobile customers in Q4, bottom line hurt by pay-TV writedown
2021-01-27 14:49:00| Telecompaper Headlines
(Telecompaper) AT&T reported a strong finish to 2020 in terms of customer growth in Q4 and met its annual targets for cash flow...
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Exxon Mobil Signals Up to $20 Billion Write-down to Overwhelm Fourth-quarter Gains
2020-12-31 11:20:00| OGI
Exxon Mobil signaled in a regulatory filing that higher oil and gas prices and improved chemicals margins would aid fourth-quarter results, but the gains would be overshadowed by an up to $20 billion asset write down.
Tags: mobil
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Veon returns to customer growth in Q3, takes Russia writedown on weak sales
2020-10-29 10:35:00| Telecompaper Headlines
(Telecompaper) Veon reported a return to customer growth in the third quarter, as coronavirus restrictions were gradually lifted in its markets. The decline in organic revenues slowed to 1.3 percent year-on-year, and the company maintained its forecast for a low to mid single-digit decline over the full year. With underlying EBITDA stable in the quarter, the margin improved to 45.1 percent from 44.4 percent a year ago.
Tags: sales
customer
returns
takes
Occidental Petroleum Posts Fourth Straight Quarterly Loss on $6.6 Billion Write-down
2020-08-10 22:30:00| OGI
Occidental Petroleum posted its fourth straight quarterly loss on Aug. 10 as it recorded a $6.6 billion impairment charge, largely to write down the value of its properties following a crash in oil prices.
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