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Spotify meets outlook for subscriber growth, warns for margin pressure

2018-11-01 13:32:00| Telecompaper Headlines

(Telecompaper) Spotify reported third-quarter results in line with its guidance, adding another 11 million users for a total 191 million at the end of September. Paid subscribers rose by 4 million in the quarter and were up by 40 percent year-on-year to 87 million, putting the company on track to meet its target for at least 30 percent growth in the full year. However, Spotify slightly trimmed its forecast for Q4 and said it expects pressure on margins in 2019 from increased investment. 

Tags: growth pressure meets outlook

 

House price growth 'slowest for five years'

2018-11-01 11:55:58| BBC News | Business | UK Edition

Homeowners are staying put rather than moving house amid a period of economic uncertainty.

Tags: price years house growth

 
 

Conviva data shows 54% YoY growth in global live TV streaming

2018-10-31 15:30:34| Digital TV News

Conviva has released their State of the Streaming TV Industry Report for Q3 2018. According to the data, a 52% jump in plays and 63% growth in total viewing hours was recorded YoY, including a major increase in traffic during the World Cup tournament.

Tags: data tv live global

 

Telefonica raises outlook as organic revenue growth improves to 2.7% in Q3

2018-10-31 08:32:00| Telecompaper Headlines

(Telecompaper) Telefonica raised its full-year outlook for organic revenue growth to around 2 percent from 1 percent, after results strengthened in the third quarter. While total revenues at the Spanish operator were down 8.3 percent year-on-year to EUR 11.699 billion, organic growth was 2.7 percent, up from 2.0 percent in the previous quarter. Growth was led by South America and the UK, while the biggest markets Spain and Brazil were also in positive territory.

Tags: in growth revenue organic

 

Facebook revenue growth slows further in Q3, user numbers still growing

2018-10-31 08:18:00| Telecompaper Headlines

(Telecompaper) Facebook reported a further slowdown in growth in the third quarter. Reveneus rose 33 percent to USD 13.7 billion, compared to growth of 42 percent in Q2 and 49 percent in Q1. Net profit increased 9 percent to USD 5.1 billion. Facebook said higher costs and taxes weighed on profits. 

Tags: user still numbers growth

 

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