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Halliburton Profit Beats Estimates on Cost Cuts, Demand Recovery
2021-01-19 15:51:06| OGI
Halliburton Co. posted a better-than-expected fourth-quarter profit on Jan. 19, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last years industry slump.
Tags: cost
demand
profit
recovery
Zoom beats guidance again as revenues grow nearly five-fold in Q3
2020-12-01 08:56:00| Telecompaper Headlines
(Telecompaper) Zoom Video Communications reported revenues of USD 777.1 million for its fiscal third quarter to October, growing nearly five-fold from USD 166.6 million in the year-earlier period thanks to demand from home workers for its videoconferencing platform. After the better-than-expected sales, the company raised its full-year revenue forecast to USD 2.575-2.580 billion from an estimate in late August of USD 2.37-2.39 billion.
Qualcomm beats outlook with 73% rise in quarterly revenues
2020-11-05 08:18:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal fourth quarter of USD 8.35 billion, up 73 percent from a year earlier and better than its guidance. Net profit jumped to USD 2.96 billion from USD 506 million a year ago, also better than forecast, and adjusted EPS rose 86 percent to USD 1.45.
Tags: rise
quarterly
outlook
revenues
WM Beats Q3 EstimatesOptimistic on EBITDA Margin Guidance
2020-11-02 17:34:00| Waste Age
Waste Management (WM) announced Q3 2020 results and continues the upbeat trend in the industry. WM generated more than $1 billion of net cash from operating activities and strong operating EBITDA margin. Weve consistently pointed to operating EBIT
Tags: guidance
margin
beats
ebitda
Avaya beats Q3 guidance with return to annual revenue growth
2020-08-10 15:43:00| Telecompaper Headlines
(Telecompaper) Avaya reported a strong improvement in results for the fiscal third quarter to June, well ahead of its own guidance. Revenues returned to annual growth, at USD 721 million versus USD 717 million a year ago, and the net result moved to a profit of USD 9 million from a loss of USD 633 million a year earlier.
Tags: return
growth
annual
revenue