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NENT confirms no FY profitable growth as Q1 ad sales drop 13%

2020-04-23 09:55:00| Telecompaper Headlines

(Telecompaper) Nordic Entertainment (NENT) has formally withdrawn its outlook for profitable growth in 2020 as it announced a 2 percent drop in first quarter net sales in organic terms, with advertising revenues dropping 13 percent drop in Q1 and 25 percent in April. NENT gained 102,000 Viaplay subscribers since Q4 and it is now targeting some 400,000 net new streaming subscribers for the full year. It is planning geographical expansion for Viaplay in 2021.

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Kimberly-Clarks Sales Rise 8% in Q1

2020-04-22 16:11:00| Nonwovens Industry Breaking News

Increased consumer demand for company's products due to covid-19 pandemic drives sales growth

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Ericsson maintains outlook as margins improve, sales up 2% in Q1

2020-04-22 08:54:00| Telecompaper Headlines

(Telecompaper) Ericsson reported first-quarter sales up 2 percent and an improvement in its underlying margins. The company said it was seeing limited impact from the Covid-19 pandemic on its business and maintained its outlook for growth in 2020 and the medium term. 

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Netflix adds nearly 16 mln new customers in Q1, double its forecast

2020-04-22 08:32:00| Telecompaper Headlines

(Telecompaper) Netflix added 15.77 million new subscribers in the first quarter, more than double the 7 million forecast by the company as more people forced to stay at home due to the coronavirus outbreak turned to the streaming service. Netflix said it expects to return to more normal growth of 7.5 million net additions in the second quarter. 

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Roku provides update ahead of Q1 results

2020-04-13 23:30:05| Digital TV News

Roku (NASDAQ: ROKU) has announced that due to the broader uncertainties arising from the COVID-19 pandemic, it is providing its shareholders with a brief update in advance of its May 7 earnings call.

Tags: results update ahead roku

 

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