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Tag: q4
LG operating profit recovers on strong revenue growth in Q4
2018-01-08 08:57:00| Telecompaper Headlines
(Telecompaper) LG said preliminary results for the fourth quarter showed a recovery in its operating profit and strong revenues. The company expects revenues for the quarter to amount to KRW 16.96 trillion, an increase of 14.8 percent year-on-year. The operating result will reach KRW 366.8 billion from a loss the year earlier of 35.2 billion.
Tags: strong
growth
operating
profit
H&M to close more stores, open less on "weak" Q4
2017-12-15 10:55:00| Daily apparel & textile news and comment - from just-style.com
Hennes & Mauritz (H&M) said it is to close more stores after sales development in the fourth quarter was "significantly below" its expectations.
Broadcom raises interim div by over 70% after strong Q4, FY results
2017-12-07 09:48:00| Telecompaper Headlines
(Telecompaper) For the long term, Broadcom said it will continue to target annual revenue growth of 5 percent and that it will be raising its target for adjusted gross margin from greater than 60 percent to 65 percent and its adjusted operating margin from 45 percent to 47.5 percent. Broadcom will also be raising its long-term target for free cash flow from 35 percent to 40 percent of net revenue.
Tags: results
strong
div
interim
HPE appoints new CEO, reports beter-than-expected profit for Q4
2017-11-22 09:24:00| Telecompaper Headlines
(Telecompaper) Hewlett Packard Enterprise (HPE) president Antonio Neri will become the company's CEO from 1 February, succeeding Meg Whitman, who will remain on the HPE board of directors. Whitman was appointed CEO of HP in September 2011. Since then, she has executed a five-year turnaround strategy, including the separation from HP Inc, the company's PC business. She also led the subsequent spin off and mergers of HPE's Enterprise Services and Software businesses, as well as strategic acquisitions including Aruba, SGI, SimpliVity and Nimble Storage.
Twitter narrows losses in Q3 on track to profit in Q4
2017-10-26 14:53:00| Telecompaper Headlines
(Telecompaper) Twitter reduced its losses and slowed the decline in revenues in the third quarter, while announcing that it previously overstated its user numbers. Revenue fell 4 percent year-on-year to USD 590 million, compared to a 5 percent fall in Q2 and the company's earlier warning of no expected improvement in H2.
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