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AT&T posts drop in underlying earnings as TV market ht by Covid-19 restrictions
2020-04-22 13:48:00| Telecompaper Headlines
(Telecompaper) AT&T reported first-quarter revenues down 4.6 percent to USD 42.8 billion, as its WarnerMedia division suffered from the Covid-19 outbreak's impact on the film and TV industry and the operator continued to lose pay-TV subscribers. Ongoing cost-reduction efforts helped limit the impact on profits, and AT&T said it was on track with its strategic investments, while conserving cash for the upcoming economic slowdown. Given the economic uncertainty, the group withdrew its guidance for the year.
Zoom Video beats earnings outlook, sees further strong growth in new year
2020-03-05 08:47:00| Telecompaper Headlines
(Telecompaper) Zoom Video Communications reported better-than-expected results for its fiscal fourth quarter to January and full year. Quarterly revenues jumped 78 percent year-on-year to USD 188.3 million, and adjusted operating profit more than tripled, to USD 38.4 million from USD 9.8 million a year earlier. Net profit improved to USD 15.3 million from USD 1.2 million, and the adjusted EPS rose to USD 0.15, double the 7 cents forecast.
Hexion Inc. Announces 4Q, Fiscal Year 2019 Earnings Conference Call
2020-02-27 07:00:00| Coatings World Breaking News
Tags: year
call
conference
fiscal
Half-year earnings slip at Woolworths on womenswear weakness
2020-02-20 11:54:00| Daily apparel & textile news and comment - from just-style.com
South African retailer Woolworths has reported a 17.7% fall in half-year profits on the back of weakness in womenswear sales.
Tags: slip
earnings
weakness
woolworths
Aurora Cannabis Shares Bleak Earnings Report
2020-02-18 09:00:00| Waste Age
After the companys earnings report, however, shares rose 2 percent on February 13.
Tags: report
shares
earnings
aurora
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