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Tag: quarterly revenue
Tencent quarterly revenue growth slows to 19%
2015-08-12 16:27:00| Telecompaper Headlines
(Telecompaper) Tencent reported second-quarter revenues of CNY 23.43 billion (USD 3.83 billion), up 19 percent on the year-earlier period. Operating profit rose 28 percent to CNY 10.04 billion, and the margin improved to 43 percent from 40 a year ago. Net profit reach CNY 7.31 billion, up 25 percent, and on an adjusted basis, rose 32 percent to CNY 7.98 billion. Growth was led by online advertising, up 97 percent to CNY 4.07 billion. Tencent also grew revenue from online games, by 17 percent to CNY 12.97 billion, and its social networks, by 17 percent to CNY 5.46 billion. The company increased capital expenditure by 210 percent compared to a year earlier, to CNY 2.84 billion, while free cash flow was down 14 percent over the same period to CNY 5.42 billion. Looking forward, Tencent said it will continue invest in premium content, including new games, in order to drive the growth in ad revenues. It's also focused on improving content and building partnerships for its subscription services such as e-reading, video and music, and driving volumes over its integrated payments services.
Tags: growth
revenue
quarterly
slows
Alibaba quarterly revenue misses estimates, slowest growth in more than three years
2015-08-12 15:33:54| IT Services - Topix.net
Alibaba Group Holding Ltd's revenue for the three months ended June rose 28 percent, missing analysts' estimates, with growth slowing to its lowest rate in more than three years. China's biggest e-commerce company posted quarterly revenues of $3.27 billion, below an expected $3.39 billion, according to a Thomson Reuters SmartEstimate poll of 28 analysts.
Tags: years
three
growth
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Celadon sees big rise in quarterly revenue, profit
2015-04-29 09:03:06| Trucking - Topix.net
Celadon Group Inc. saw a big jump in profit in its latest quarter as revenue surged, the Indianapolis trucking company said Tuesday.
Oil Search suffers quarterly revenue slump
2015-04-21 05:08:30| Oil & Gas - Topix.net
But the oil and gas producer remains on track to meet its full year production forecasts as it cuts costs to keep its balance sheet in a sound position. Oil Search, which has a 30 per cent stake in the PNG LNG project in Papua New Guinea, said revenue fell 16 per cent to $US472.3 million in the March quarter compared to $US562.1 million in the previous quarter.
Tags: search
oil
revenue
quarterly
Cisco quarterly revenue growth accelerates to 7%
2015-02-12 08:44:00| Telecompaper Headlines
(Telecompaper) Cisco reported a strong improvement in results for its fiscal second quarter to 24 January. Revenue growth accelerated to 7 percent year-on-year to USD 11.9 billion in sales, and the operating margin rose to 28.4 percent from 27.8 a year ago. Net profit jumped 68 percent to USD 2.4 billion, and earnings per share rose 70 percent to USD 0.46. Cisco said the results reflect the impact of its restructuring in recent years, despite a still volatile economic environment. The company also increased its quarterly dividend by 2 cents to USD 0.21 per share. Cisco reported product orders up 5 percent year-on-year, led by a 10 percent increase in the enterprise segment. Only the service provider market remained weak, with a 1 percent drop in orders. Across geographies, orders were up 8 percent in the Americas and 7 percent in Europe, while Asia was still down 6 percent. In terms of product revenues, growth was strongest in the data centre market, with sales up 40 percent to USD 846 million. Switching revenues increased 11 percent to USD 3.62 billion, and routing was up 2 percent to USD 1.76 billion. Service provider video was the main weak spot, down 19 percent to USD 776 million.
Tags: growth
revenue
quarterly
cisco