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Broadcom reports Q1 in line with guidance, sees sharp demand uncertainty ahead

2020-03-13 09:37:00| Telecompaper Headlines

(Telecompaper) Broadcom said results for its fiscal first quarter to 2 February were in line with expectations, with steady growth from its networking storage and broadband businesses, CEO Hock Tan said. Nevertheless, even though the semiconductor market is doing better and that the covid-19 outbreak did not have a material impact on the company's figures in Q1, visibility is still lacking looking forward, with demand uncertainty getting more intense. As a result, Tan said the company is withdrawing its previous forecast for the year, and that it will not present any annual guidance until visibility returns to pre covid-19 levels. 

Tags: line reports demand ahead

 

Column: Marcellus Shale Coalitions Spigelmyer Sees Positive Outlook

2020-03-06 15:00:00| OGI

Despite headwinds facing Appalachia natural gas drillers, the president of the Marcellus Shale Coalition, David Spigelmyer, told Hart Energy the news is not all bad from the region.

Tags: positive column outlook sees

 
 

Zoom Video beats earnings outlook, sees further strong growth in new year

2020-03-05 08:47:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported better-than-expected results for its fiscal fourth quarter to January and full year. Quarterly revenues jumped 78 percent year-on-year to USD 188.3 million, and adjusted operating profit more than tripled, to USD 38.4 million from USD 9.8 million a year earlier. Net profit improved to USD 15.3 million from USD 1.2 million, and the adjusted EPS rose to USD 0.15, double the 7 cents forecast. 

Tags: new year video strong

 

Sri Lanka sees orders slow as coronavirus hits main export markets

2020-03-04 17:45:00| Daily apparel & textile news and comment - from just-style.com

Sri Lanka is dealing with a fall in apparel order volumes as the coronavirus outbreak causes uncertainty among retailers and consumers.

Tags: main orders hits export

 

Printing Industries Alliance sees early event sponsorships

2020-03-03 15:56:00| Label and Narrow Web Breaking News

The 68th annual Print Drives America Franklin Event will be held in New York City on June 4.

Tags: event early industries printing

 

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