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Verizon posts modest growth in Q1 revenue, profit

2016-04-21 15:21:00| Telecompaper Headlines

(Telecompaper) Verizon posted USD 32.2 billion of operating revenue in the first quarter, up 0.6 percent on the first quarter of 2015. The consolidated EBITDA margin stood at 37.2 percent in the first quarter of this year. Net profit rose by 2.1 percent to USD 4.43 billion (USD 1.06 per share), compared to USD 4.34 billion (USD 1.02) a year ago. Verizon Wireless had 640,000 retail postpaid net additions in the quarter, taking the total to 112.6 million, up 3.7 percent in a year. In the wireline segment, Fios fibre services continued to be the drive or revenue growth, representing around 81 percent of USD 4 billion of consumer revenue.

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Toyota sees a modest growth of the US auto market this year

2016-04-07 10:47:50| Auto Dealers - Topix.net

The world's biggest automaker by sales expects another auto sales record year in the United States, but the actual growth will be slightly over the 2015 figures. There are many predictions regarding the outcome of the auto market in the United States at the end of the year, with almost all of them pointing out towards another sales record.

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Intel forecasts modest revenue growth in 2016, lower margin

2016-01-15 08:36:00| Telecompaper Headlines

(Telecompaper) Intel reported fourth-quarter revenues up 1 percent year-on-year to USD 14.9 billion, better than the company's outlook. Operating profit fell 3 percent to USD 4.3 billion, and net profit dropped 1 percent to USD 3.6 billion or 74 cents a share. Intel CEO said Brian Krzanich the results were in line with expectations and represented a strong finish to the year. Over the full year, Intel saw a 1 percent fall in sales to USD 55.4 billion, and net profit declined 2 percent to USD 11.4 billion. For the full year 2016, Intel forecast revenue growth in the mid to high single digits. The gross margin is expected to fall to around 61 percent from 62.6 in 2015, due to the acquisition of Altera and factory start-up costs. R&D and capital spending will increase compared to 2015.

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Loire wines post modest export growth in 2014 - figures

2015-05-11 16:34:00| Daily beverage news and comment - from just-drinks.com

Exports of wines from the Loire Valley region of France last year rose by 1% in volume and 6% in value on 2013, according to figures from trade body InterLoire.

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Analysts expect modest growth - at best - at Landstar

2015-04-24 22:49:32| Logistics - Topix.net

Analysts have mixed views on the remainder of Landstar System Inc.'s year , after the company posted a lackluster first quarter due to an accident that led to a one-time $4.5 million expense for the Jacksonville company. Experts agree that had the settlement not hit the company so hard - costing Landstar 6 cents per share - the logistics firm would have hit its guidance range of 71 cents to 76 cents, rather than landing at 67 cents for the first quarter.

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