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Tag: profit
Qualcomm quarterly results fall, sees flat revenues, lower profit ahead
2018-04-25 23:07:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal second quarter to March down 13 percent year-on-year to USD 5.26 billion, in line with its outlook. Compared to the previous quarter, revenues rose 5 percent. Net earnings dropped 52 percent to USD 363 million or USD 0.24 per share, hurt by restructuring charges of USD 310 million. The chipmaker said it was making good progress with its USD 1 billion cost-reduction target and meeting its growth targets for 2019.
Facebook profit jumps 63% in Q1, grows to 2.2 bln monthly users
2018-04-25 22:57:00| Telecompaper Headlines
(Telecompaper) Facebook reported a strong increase in sales and earnings in the first quarter, with growth rates accelerating from the previous quarter. Revenues rose 49 percent year-on-year to USD 11.97 billion, and net profit was up 63 percent to USD 4.99 billion or USD 1.69 per share.
Tags: users
monthly
profit
grows
Twitter Q1 profit beats expectations, revenues grow 21%
2018-04-25 14:52:00| Telecompaper Headlines
(Telecompaper) Twitter reported a strong start to 2018, with better-than-expected profits and a return to sequential growth in users. Revenues rose 21 percent year-on-year to USD 665 million, with the company saying sales increased across all products and geographies. Video was the fastest growing ad format and accounted for over half of ad revenues.
Tags: profit
grow
expectations
revenues
Verizon Q1 profit up on tax gains, loses phone customers
2018-04-24 15:01:00| Telecompaper Headlines
(Telecompaper) Verizon reported first-quarter earnings of USD 1.11 per share, up from 84 cents a year ago, helped by the US tax reform and new accounting standards for revenue recognition. Revenues rose 6.6 percent to USD 31.8 billion and were 3.2 percent higher on an organic basis. Wireless service revenues were still down 2.4 percent year-on-year, but Verizon said the result excluding the accounting impact was flat over the quarter and positive in March.
Tags: phone
tax
customers
profit
China Mobile's Q1 profit, EBITDA grow 4%
2018-04-23 08:25:00| Telecompaper Headlines
(Telecompaper) China Mobile reported operating revenue of CNY 185.5 billion for the first quarter of 2018, which represents an increase of 0.8 percent year-on-year. First-quarter EBITDA reached CNY 69.7 billion, up by 3.9 percent year-on-year, while profit amounted to CNY 25.8 billion, up by 4.1 percent over the same period of 2017.
Tags: china
profit
grow
mobiles
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