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Tag: operating profit
Samsung Expects Huge Operating Profit
2013-10-05 21:30:58| Semiconductors - Topix.net
Samsung Electronics Co, world's biggest smartphone maker by shipments, expects to post a record operating profit of 10.1 trillion won in the third quarter of this year, the South Korean firm said in guidance issued Friday.
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3UK nets 168,000 customers, 1H operating profit triples
2013-08-01 02:00:00| Total Telecom industry news
Mobile operator's EBITDA margin grows by seven percentage points; CFO talks up prepay opportunity.
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KDDI to post record operating profit on iPhone demand
2013-07-29 02:00:00| Total Telecom industry news
Japanese operator to publish fiscal Q1 results on Tuesday.
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AT&T operating profit down on smartphone costs
2013-07-24 08:39:00| Telecompaper Headlines
(Telecompaper) AT&T reported second-quarter sales up 1.6 percent from a year earlier to USD 32.1 billion. Growth in mobile and consumer wireline services was offset by the sale of its Advertising Solutions business unit. Operating profit fell to USD 6.1 billion from USD 6.8 billion, and net profit dropped to USD 3.8 billion or 71 cents a share, from USD 3.9 billion or 66 cents a share a year ago. Capex reached USD 5.5 billion in the quarter, leaving operating cash flow of USD 4.0 billion. Mobile service revenue was up 4.1 percent to USD 15.4 billion, while operating profit fell 7.7 percent to USD 4.7 billion on a double-digit increase in operating costs. AT&T blamed this on higher smartphone sales, which reached 6.8 million units sold in the quarter and are now used by 73 percent of its postpaid customer base. In total, AT&T added a net 632,000 new customers in the quarter, including postpaid adds of 551,000 (of which 398,000 tablets), 484,000 connected devices and 11,000 new prepaid lines. Reseller customers fell by 484,000 in the quarter. The increasing number of tablets led to a slowdown in ARPU, which rose just 1.8 percent. At the wireline activities, revenues fell 0.9 percent year-on-year to USD 14.8 billion, and operating profit dropped 15.8 percent to USD 1.6 billion. Consumer revenues were still up 2.4 percent to USD 5.8 billion, led by growth in the U-verse services.
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Google Q2 operating profit drops
2013-07-19 08:42:00| Telecompaper Headlines
(Telecompaper) Google reported second-quarter revenues up 19 percent year-on-year to USD 14.11 billion. That includes USD 3.01 billion in traffic acquisition costs, equal to 25 percent of its ad revenues. Paid clicks were up 22 percent from a year ago, but the cost per click declined 6 percent. Google's operating profit fell to USD 3.12 billion from USD 3.24 billion a year earlier, hurt by losses at the Motorola business. Net profit rose to USD 3.23 billion or USD 9.54 per share, from USD 2.79 billion or USD 8.42 per share in the second quarter of 2012, including a gain of USD 747 million on the sale of the Motorola Home business. Google provided a breakdown of results with Motorola. Its own revenues made up 93 percent of the total and increased 19 percent year-on-year, while the Motorola Mobile business, which includes other hardware as well, grew sales to USD 998 million from USD 843 million a year ago. Motorola had an operating loss of USD 342 million in the quarter, compared to a loss of USD 199 million a year earlier, while Google's own operating profit increased slightly to USD 3.47 billion. The figures also show a sharp reduction in Motorola Mobile's workforce, to 4,600 at the end of June versus almost 10,000 in March. After capital expenditure of USD 1.6 billion, Google reported free cash flow of USD 3.09 billion for the quarter. It finished the period with total cash of USD 54.4 billion.
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