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Tag: profit
Alphabet profit falls in Q2 after USD 2.7 bln fine from EU
2017-07-24 23:15:00| Telecompaper Headlines
(Telecompaper) Alphabet, the parent company of Google, reported a drop in second-quarter net profit, hurt by the competition fine of USD 2.7 billion imposed on the company by the European Commission. In a rare occurrence for the company since it went public, net profit fell to USD 3.524 billion or USD 5.01 per share from USD 4.877 billion or USD 7.00 per share a year earlier. Excluding the fine, net profit was still up, at USD 6.260 billion, according to adjusted figures presented by Alphabet.
Gemalto lowers H2 profit outlook on weak Payment and SIM performance
2017-07-24 11:05:00| Telecompaper Headlines
(Telecompaper) Gemalto said that its profit from operations will fall below guidance in the second half of the year, ranging between EUR 200 and EUR 230 million compared with its previous estimate in April of EUR 300-350 million. The company said that revenue for the second quarter declined 9 percent year-on-year at constant exchange rates, impacted by reduced demand for its Payment services in the American market and its SIM business internationally.
Tags: performance
payment
profit
sim
Suominen Decreases Estimate on 2017 Operating Profit
2017-07-20 15:18:00| Nonwovens Industry Breaking News
Change attributed to a slower than planned start-up of new line at Bethune, SC, plant
Tags: operating
profit
estimate
decreases
T-Mobile US Q2 profit more than doubles on 1.3m net adds
2017-07-20 02:00:00| Total Telecom industry news
T-Mobile US late Wednesday announced it more than doubled its second quarter net profit, as it shook off increased competition from its rivals, adding 1.3 million new customers. It marks the 17th consecutive quarter that T-Mobile has added more than 1 million new customers…read more on TotalTele.com »
America Movil nearly doubles Q2 net profit
2017-07-19 02:00:00| Total Telecom industry news
America Movil late on Tuesday reported an 85.88% year-on-year surge in second quarter profit, as the Mexican telco group benefitted from foreign exchange gains and mobile data growth…read more on TotalTele.com »
Tags: net
america
profit
doubles
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