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Sprint posts first net profit in 3 years, higher revenue in Q1

2017-08-01 16:36:00| Telecompaper Headlines

(Telecompaper) Sprint posted its first net profit in three years in its fiscal first quarter to June, and EBITDA rose to its highest level in nearly 10 years. Revenues were also up slightly year-on-year, but customer growth continues to lag its rivals in the US mobile market.

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Clydesdale Bank posts first annual profit in five years

2016-11-22 14:22:14| BBC News | Business | UK Edition

The Clydesdale and Yorkshire banking group makes its first annual profit for five years in its maiden annual results.

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Texhong Textile posts positive profit outlook

2016-11-08 14:02:00| Daily apparel & textile news and comment - from just-style.com

Cotton yarn and fabric supplier Texhong Textile Group has issued a positive profit estimate for its year-to-date, thanks to favourable cotton prices and strong sales volumes.

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Gemalto lowers 2017 profit target, posts 1% Q3 revenue drop

2016-10-31 09:33:00| Telecompaper Headlines

(Telecompaper) Gemalto lowered its target for 2017 operating profit, with a revised guidance in the range of EUR 500-520 million. In March 2015, the company had raised this target to EUR 660 million from EUR 600 million previously, an increase mainly driven by its acquisition of data protection specialist SafeNet. CEO Philippe Vallee stated that the outlook had worsened for the Mobile business unit and that payment card migration was slower than expected. The company reported third quarter revenue of EUR 753 million, down 1 percent year-on-year at constant exchange rates (compared to an increase of 3 percent in the previous quarter).

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