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NXP Semiconductors says Covid-19 impact worse than expected in Q1

2020-04-07 15:08:00| Telecompaper Headlines

(Telecompaper) NXP Semiconductors said the Covid-19 outbreak had a worse-than-expected impact on its results in the first quarter. After already lowering its guidance at the start of March, the company cut the outlook again due to a deterioration in demand. 

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GM and JVs deliveries in China down 43.3% in Q1; Wuling introduces EVs

2020-04-05 11:55:38| Green Car Congress

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Baidu's Q4 revenues grow 6%, forecasts 5-13 percent fall in Q1

2020-02-28 09:46:00| Telecompaper Headlines

(Telecompaper) Baidu posted total revenues of CNY 28.9 billion (USD 4.15 billion) for the fourth quarter of 2019, an increase of 6 percent year-on-year in line with its revised guidance. The internet services company forecast a fall in first-quarter revenues on an annual basis and said visibility on the impact of the coronavirus outbreak remains limited. 

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Amazon lifts profit in Q4 despite weak international ops, sees mixed Q1

2020-01-31 09:30:00| Telecompaper Headlines

(Telecompaper) Amazon said revenues for its fourth quarter advanced to USD 87.4 billion from 72.4 billion the year before, including a negative forex effect of USD 120 million, well in line with expectations. Despite a forecast for a lower profit, the operating profit crept up to USD 3.9 billion from 3.8 billion, and the net profit lifted to USD 3.3 billion or USD 6.47 per diluted share, from 3.0 billion and 6.04 per share.

Tags: international amazon profit mixed

 

Net Insight names Amazon as Sye buyer, completes transaction with SEK 200 mln profit in Q1

2020-01-06 09:26:00| Telecompaper Headlines

(Telecompaper) Net Insight has named Amazon as the buyer of its Sye consumer streaming business for approximately SEK 350 million in cash and said the transaction has been completed. It had announced that it had found a buyer in December but said at the time only that it was a Fortune 500 company.

Tags: net names amazon profit

 

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