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Combes leaves Alcatel-Lucent as net loss narrows
2015-07-30 02:00:00| Total Telecom industry news
Vendor posts first positive free cash flow since its creation in 2006, says Nokia takeover is on track.
Twitter narrows net loss as Q2 revenues lift to USD 502 mln
2015-07-29 07:46:00| Telecompaper Headlines
(Telecompaper) Twitter reported second-quarter revenues of USD 502 million, up 61 percent from the year-earlier figure and above its guidance of USD 470-485 million. Without forex effects, revenues would have increased 68 percent. Advertising revenues rose 63 percent from the year before to USD 452 million, with mobile advertising revenues making up 88 percent of the total. The net loss narrowed to USD 137 million or 21 cents a share from 145 million or 24 cents a share the year earlier. Adjusted EBITDA exceeded the company's target for Q2, coming in at USD 120 million from 54.1 million, representing an adjusted EBITDA margin of 24 percent. Twitter CEO Dick Costolo was pleased with the good progress in monetization but was not satisfied with audience growth. In order to realise its full potential, the CEO said the company had improve in three key areas: it needed to ensure more disciplined execution, simplify its service to deliver value faster, and better communicate that value.
Knowles shares gain after loss narrows
2015-07-28 00:49:17| Industrial Machines - Topix.net
For the current quarter, the former consumer-electronics unit of Dover Corp. projects profit of seven cents to 15 cents a share and revenue of $285 million to $305 million, including the effect of its recent acquisition of Audience Inc. Analysts surveyed by Thomson Reuters had projected a profit of 28 cents a share with $290.7 million in revenue. Chief Executive Jeffrey Niew said company officials estimate Audience, part of Knowles' mobile consumer unit, will bolster sales by about $10 million but also cost the company about 18 cents a share in profit.
Tags: loss
gain
shares
knowles
Castle Brands narrows FY net losses
2015-06-16 17:26:00| Daily beverage news and comment - from just-drinks.com
Castle Brands credited its whiskey portfolio and the Gosling's Stormy Ginger Beer brand extension for driving its sales in fiscal 2015.
Tags: net
brands
castle
losses
Digital divide narrows in Hungary - survey
2015-06-11 14:41:00| Telecompaper Headlines
(Telecompaper) As many as 87 percent of adult Hungarian internet users browse the web several times a day, according to an online survey by Hungarian market research firm eNet. Within this nation-wide group, the same ratio is 89 percent for city people and 86 percent for town or village residents, which shows that people living in smaller communities have caught up with city dwellers, thus narrowing the digital divide between the various regions of the country. Furthermore, people spend more and more time online, and 70 percent of smartphone owners use their phones too to connect to the internet daily. More than two thirds of adult Hungarian internet users would rather give up television for one month than live without internet access. Regardless of where they live, 99 percent of the respondents have internet access at home.
Tags: digital
survey
hungary
divide
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