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Nokia improves margins on small drop in Q1 sales, sees Q2 impact from coronavirus
2020-04-30 08:50:00| Telecompaper Headlines
(Telecompaper) Nokia reported improved underlying profits in the first quarter, thanks to its cost reduction efforts and a limited impact from the Covid-19 pandemic. While revenues were down 2 percent to EUR 4.9 billion, adjusted operating profit was a positive EUR 116 million versus a loss of EUR 59 million a year ago. The company said it expects Q2 to show the most impact from the coronavirus crisis and slightly lowered the mid-point of its full-year outlook.
Intel beats expectations in Q1 but guides for lower Q2
2020-04-24 09:36:00| Telecompaper Headlines
(Telecompaper) Intel said first-quarter revenues beat expectations, jumping 23 percent from the year before to USD 19.8 billion, with adjusted earnings per share leaping 63 percent to USD 1.45. Still, looking ahead, Intel is guiding for lower revenues on a sequential basis, at USD 18.5 billion in Q2. Data-centric revenue is seen rising 25 percent while PC-centric revenue is expected flat to slightly up.
Tags: lower
guides
intel
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Delta Apparel expects 6% drop in Q2 sales
2020-04-17 15:53:00| Daily apparel & textile news and comment - from just-style.com
Activewear and lifestyle clothing maker Delta Apparel expects to report a 6% decline in second-quarter net sales compared to last year amid the Covid-19 outbreak, but says the impact is mitigated by sales through channels that have not been significantly impacted by the pandemic.
TV panel shipments projected to drop 7.1% YoY in Q2
2020-04-16 09:00:21| Digital TV News
According to TrendForce, TV panel shipments were up 16.4% month-on-month in March. In Q2 2020, factors influencing the TV panel industry will shift towards the demand side of the TV market.
Tags: panel
drop
projected
shipments
Inseego guides for higher-than-expected revenues in Q1, further growth in Q2 on hotspot demand
2020-04-08 14:47:00| Telecompaper Headlines
(Telecompaper) Inseego expects revenues for the first quarter to pass expectations, boosted by growing demand for the company's entire range of mobile connectivity products amid the covid-19 pandemic and the need to work from home, distance learning and telehealth services. Inseego said its flagship 4G and 5G MiFi mobile hotspots are seeing significant orders from existing as well as new customers.
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