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Qualcomm posts net loss, forecasts fall in next quarter's revenues
2018-11-07 22:57:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported a net loss for its fiscal fourth quarter to September, hurt by the USD 2 billion paid to NXP for not completing their merger. Revenues were down 2 percent year-on-year to USD 5.8 billion, in line with the company's guidance and including partial payment of back licensing fees from one major customer. Qualcomm said underlying earnings were better than forecast and it expects to return to growth in adjusted EPS in the current quarter, despite a projected sharp fall in revenue.
ZTE posts H1 loss of CNY 7.8 bln as revenues fall 27%, sees return to profit in Q3
2018-08-30 14:42:00| Telecompaper Headlines
(Telecompaper) ZTE reported a net loss of CNY 7.8 billion for the first half of 2018, in line with its earlier warning over the impact of the US ban on imports from the company. The Chinese company said it expects to return to a small profit in the third quarter, of up to CNY 1.0 billion versus CNY 1.6 billion a year ago.
KPN posts higher EBITDA despite 2.7% fall in Q2 revenue
2017-07-26 08:05:00| Telecompaper Headlines
(Telecompaper) Dutch operator KPN reported revenues of EUR 1.63 billion for the second quarter, down 2.7 percent from a year earlier. EBITDA was still up 1.4 percent to EUR 587 million, better than expected and giving an adjusted margin of 41.0 percent. Capex fell 24 percent to EUR 238 million, helping operating cash flow (EBITDA minus capex) increase to EUR 363 million. Net profit improved to EUR 191 million from EUR 162 million a year earlier.
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Nordea posts bigger-than-expected profit fall
2016-01-27 11:12:36| Appliances - Topix.net
Nordea Bank AB , the Nordic region's biggest lender, Wednesday reported a bigger-than-expected fall in fourth-quarter net profit as negative interest rates weighed on its earnings. Net profit at the Stockholm-based bank fell to EUR848 million in the three months ending Dec. 31, from EUR877 million in the same period a year ago.
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Olam posts 30% fall in Q3 net profit, to achieve free cash flow generation by 2016
2015-11-13 04:54:40| Grocery - Topix.net
Olam International reported on Friday that its net profit for the fiscal third quarter ended Sept 30, 2015, fell 30 per cent to S$31.0 million, from S$44.3 million a year ago. OLAM International reported on Friday that its net profit for the fiscal third quarter ended Sept 30, 2015, fell 30 per cent to S$31.0 million, from S$44.3 million a year ago.