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Lenovo returns to profit as quarterly sales grow 19%

2018-08-16 08:50:00| Telecompaper Headlines

(Telecompaper) Lenovo reported a return to profit in its fiscal first quarter to June, driven by revenue growth and cost savings from the merger of its PC and mobile phone activities. Revenues rose 19 percent year-on-year to 11.91 billion, the gross margin increased to 13.7 percent from 13.6, and the net result improved to a profit of USD 85 million from a loss of USD 54 million a year ago. 

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Cisco sales growth strengthens to 6% in July quarter

2018-08-16 08:33:00| Telecompaper Headlines

(Telecompaper) Cisco Systems reported a strong increase in revenues for its fiscal fourth quarter to July, up 6 percent to USD 12.8 billion, at the high end of guidance. Net profit rose 57 percent to USD 3.8 billion, helped by the US corporate tax reform, and EPS was up 69 percent to USD 0.81, well ahead of the company's outlook. 

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Scott Smith named Director of Municipal Sales for Big Truck Rental

2018-08-14 23:26:53| Waste Age

Smith will be responsible for the strategy and execution of fleet management plans to support the needs of the municipal sector for both the United States and Canada.

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U.S. voice-activated speaker sales to grow 50% by 2019

2018-08-14 19:30:38| Digital TV News

According to The NPD Group, sales of voice-activated speakers will add an incremental $1.6 billion dollars to the U.S. technology industry through 2019, as these devices are leveraged both as an interface to smart home services and as digital assistants.

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Roll-2-Roll Technologies partners with Fairfield Sales

2018-08-14 18:26:00| Label and Narrow Web Breaking News

Fairfield Sales will serve as an exclusive sales representative in Ohio, Kentucky, West Virginia, Indiana and Michigan.

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