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Tag: revenue growth
Snap revenue, user growth slow in Q2
2020-07-22 09:10:00| Telecompaper Headlines
(Telecompaper) Snap reported a slowdown in revenue and user growth in the second quarter, while reducing its cash burn. Snapchat had 238 million daily active users during the quarter, up 17 percent from a year earlier and around 9 million more than in Q1.
Tags: user
growth
slow
revenue
America Movil revenue growth slows in Q2 as over 5 mln mobile customers lost
2020-07-15 08:48:00| Telecompaper Headlines
(Telecompaper) America Movil said it lost over 5 million mobile customers in the second quarter, as Covid-19 lockdown measures across almost its entire footprint impacted especially the prepaid market. Fixed customers continued to grow, with 450,000 broadband subscribers added, and underlying service revenues were 0.8 percent higher year-on-year in Q2.
Tags: mobile
lost
america
growth
MTS sees revenue growth slowing from 9% in Q1
2020-05-26 15:58:00| Telecompaper Headlines
(Telecompaper) Revenues of Russian operator MTS increased by 8.9 percent year-on-year to RUB 119.6 billion in the first quarter, led by solid growth in its home market. Group adjusted OIBDA rose 1.6 percent to RUB 51.5 billion, and net profit increased by 0.8 percent to RUB 17.7 billion. Nevertheless, MTS lowered its outlook for the full year due to the uncertain economic outlook, saying it now expects revenues flat to 3 percent higher and OIBDA flat to 2 percent lower. Capex is still expected at around RUB 90 billion, after increased spending of RUB 19.9 billion in Q1.
Alibaba guides for higher revenues in fiscal 2021 after revenue growth of 22% in Q4
2020-05-22 17:41:00| Telecompaper Headlines
(Telecompaper) Revenues for Alibaba's fiscal fourth quarter rose 22 percent from the year to CNY 114.314 billion, compared to growth of 38 percent in the previous quarter and 40 percent in the one before that. The adjusted EBITDA increased by 1 percent to CNY 25.440 billion, against growth of 37 percent in fiscal Q3. The net profit meanwhile sank 88 percent to CNY 3.162 billion, compared to an increase of 62 percent sequentially.
Xiaomi revenue growth slows to 14% in Q1, margins improve on growing ASP
2020-05-20 14:52:00| Telecompaper Headlines
(Telecompaper) Xiaomi reported slower revenue growth in the first quarter, with sales up 13.6 percent to CNY 49.7 billion. While volumes slowed due to the coronavirus outbreak, the company managed to improve its average selling price thanks a greater focus on premium 5G models and continued expansion in Europe. Gross profit jumped 44.9 percent to CNY 7.56 billion, and adjusted net profit increased 10.6 percent to CNY 10.3 billion.
Tags: asp
improve
growth
growing
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