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Inventure Foods reports strong revenue, income growth in 2Q

2014-08-01 00:45:37| Food - Topix.net

Phoenix-based Inventure Foods Inc. reported strong revenue growth for its fiscal second quarter.

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Verizon revenue growth accelerates to 5.7% in Q2

2014-07-22 13:37:00| Telecompaper Headlines

(Telecompaper) Verizon saw its annual revenue growth accelerate to 5.7 percent in the second quarter, to USD 31.5 billion, helped by continued strength at its mobile activities. Cost control help operating profit jump 17.2 percent from a year earlier to USD 7.7 billion, and the margin improved to 24.4 percent from 22.0 a year ago. The adjusted EBITDA margin improved to 37.6 percent from 35.9 in Q2 2013, and adjusted EPS rose to 91 cents from 73 cents a year ago. This excludes a one-time gain of USD 434 million or 10 cents per share for the sale of 700 MHz band licences. Verizon Wireless drove the increase sales, with mobile revenues up 7.5 percent year-on-year to USD 21.5 billion. Retail service revenues grew 5.3 percent to USD 17.3 billion, helped by a 4.7 percent increase in postpaid ARPU to USD 159.73 per month. The wireless EBITDA margin on service revenues rose to 50.3 percent from 49.8 percent a year earlier. In the wireline market, revenues rose 0.3 percent year-on-year to USD 9.8 billion, the first increase in seven years. The 5.3 percent growth in the consumer market was offset by a continued drop in business revenues. The wireline EBITDA margin reached 23.2 percent, compared with 22.2 percent in Q2 2013. The operator maintained its full-year guidance for capital expenditure of USD 16.5-17.0 billion, after USD 8.5 billion in H1. Verizon also still expects revenue growth of around 4 percent and a higher adjusted EBITDA margin this year. 

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Marcoc Telecom returns to revenue growth in Q2

2014-07-21 08:21:00| Telecompaper Headlines

(Telecompaper) Maroc Telecom Group reported improved results for the second quarter, thanks to continued growth at its international activities and an economic recovery in its home market Morocco. Revenue returned to growth, up 1.3 percent year-on-year to MAD 7.4 billion, while the EBITDA decline slowed to 2.0 percent, to MAD 4.1 billion. The group's customer base rose to 38 million at 30 June, up by 9.2 percent year-on-year. Over the first six months, revenues were up 0.7 percent to MAD 14.6 billion, while EBITDA declined by 4.4 percent to MAD 8.03 billion. This was due to a 7 percent drop in EBITDA in Morocco only partially compensated by a 4.1 percent rise in EBITDA from international activities. The EBITDA margin fell by 2.9 percent points to 55.2 percent. Net income dropped 12.7 percent year-on-year to MAD 3.07 billion, and operating cash flow was down 4.9 percent to MAD 5.1 billion. The group maintained its annual forecast of a slight decline in EBITDA and slightly higher capital expenditures. 

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Tele2 accelerates mobile revenue growth to 7% in Q2

2014-07-16 08:57:00| Telecompaper Headlines

(Telecompaper) Tele2 reported second-quarter sales down 1 percent from a year earlier to SEK 6.343 billion. Revenues were hurt by lower fixed-line sales and cuts to termination rates, offsetting a 7 percent increase in mobile service revenue, driven by demand for data services. Excluding exchange rate effects, revenue fell 3 percent. EBITDA was also down 1 percent, to SEK 1.466 billion, while net profit jumped to SEK 818 million from SEK 369 million. The latter was helped by a valuation gain of 363 million on a put option on its Kazakhstan operation, after the local currency was devalued and Tele2 provided additional financing. Tele2 added a net 250,000 new customers in the quarter, for a total 13.439 million at the end of June. Following the recently announced sale of its Norwegian activities, Tele2 updated its full-year guidance. The sales forecast was cut to SEK 24.8-25.2 billion from SEK 30.0 billion, impacted also by the currency devaluation in Kazakhstan and lower handset sales. 

Tags: mobile growth revenue q2

 

eMemory's eNVM SIP NeoFuse Contributes To Revenue Growth Momentum

2014-07-08 11:34:25| rfglobalnet Home Page

In addition to its Silicon Intellectual Property (SIP) NeoBit’s excellent mass production achievement, eMemory’s SIPs NeoFuse has entered mass-production phase which will contribute to the steady growth of the accumulated wafer production amount.

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