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Tag: revenue growth
Alibaba revenue growth slows, margins decline in December quarter
2019-01-30 15:33:00| Telecompaper Headlines
(Telecompaper) Chinese e-commerce group Alibaba reported a slowdown in revenue growth and lower margins in the December quarter, suggesting it is also feeling the effects of the slowdown in the Chinese economy. Sales rose 41 percent year-on-year to CNY 117.28 billion (USD 17.06 billion), compared to growth 54 percent in the previous quarter and 61 percent the quarter before.
Tags: december
growth
quarter
revenue
Verizon forecasts modest revenue growth, flat earnings, higher capex in 2019
2019-01-29 13:59:00| Telecompaper Headlines
(Telecompaper) US operator Verizon reported revenues for 2018 up 3.8 percent and said it expects similar, low single-digit percentage growth in 2019. Adjusted EPS was better than expected, rising 26 percent to USD 4.71 thanks to tax benefits in Q4, but Verizon said it expects a negative impact this year from new accounting rules on leases. Capital expenditure will also increase this year as the operator ramps up its 5G roll-out.
Tags: higher
growth
flat
revenue
Ericsson returns to organic revenue growth in 2018, Q4 sales grow 4% on 5G demand
2019-01-25 08:00:00| Telecompaper Headlines
(Telecompaper) Ericsson reported continued losses for the fourth quarter and 2018, due to restructuring charges and writedowns, but maintained its dividend and said it returned to organic revenue growth for the first time since 2013. Quarterly revenues rose 10 percent to SEK 63.8 billion and were up 4 percent on an organic basis. Over the full year, sales increased 3 percent and were 1 percent higher excluding changes in currencies and scope.
Tencent revenue growth slows in Q2 on weaker mobile games business
2018-08-15 14:24:00| Telecompaper Headlines
(Telecompaper) Chinese internet group Tencent reported a slowdown in revenue growth in the second quarter to 30 percent, for total revenues of CNY 73.675 billion (USD 11.135 billion). While advertising, content and social media revenues grew strongly still, the company's mobile gaming business showed a marked slowdown.
Tags: business
games
mobile
growth
Vodafone maintains outlook as service revenue growth slows in Q1
2018-07-25 08:23:00| Telecompaper Headlines
(Telecompaper) Vodafone Group reported a small slowdown in underlying revenue growth in its fiscal first quarter to June, but said it's on track with its cost savings efforts and full-year outlook. Total revenues dropped 4.9 percent to EUR 10.91 billion, hurt by the new accounting rules and negative currency effects. Organic service revenue was up 1.1 percent, or grew 0.3 percent based on the old accounting standards.
Tags: service
growth
revenue
outlook
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