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Tag: q1
Liberty Global grows revenues 2%, cash flow 8% in Q1
2014-05-07 08:30:00| Telecompaper Headlines
(Telecompaper) Cable operator Liberty Global added 370,000 revenue-generating units in the first quarter, for a total 48.64 million at the end of March. The company gained 345,000 RGUs on an organic basis, and the remainder came from small acquisitions in the UK and Austria. The total included 239,000 new broadband customers and 177,000 more telephony subscribers, offsetting a loss of 71,000 TV customers. The customer base was down by a net 6,000 in the three months, to 24.50 million. Liberty Global said it passed the 10 million triple-play customers mark during the quarter, ending Q1 with 57 percent of its customers on a bundled offer. The company also highlighted sales of its advanced TV boxes, Horizon and Tivo, which added 250,000 subscribers in Q1 to reach 550,000 Horizon users and 2.1 million Tivo customers. ARPU was USD 49.08 for the quarter, up 27 percent year-on-year thanks to the takeover of Virgin Media. The acquisition helped revenues increase to USD 4.5 billion from USD 2.7 billion a year ago. On a pro forma basis and excluding currency effects, revenues were up 2 percent. Operating cash flow was up 69 percent year-on-year to USD 2.1 billion, equal to 8 percent growth on a pro forma basis. Liberty Global maintained capital expenditure at 20 percent of revenue in the quarter, or USD 910 million.
GERMANY: Adidas profit dips 34% in "challenging" Q1
2014-05-06 15:18:00| Daily apparel & textile news and comment - from just-style.com
Sporting goods giant Adidas Group recorded a 34% slump in first quarter net profit, impacted by adverse currency effects and a poor performance from TaylorMade-Adidas Golf.
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Shares of Boyd Gaming Edge Lower Following Unexpected Q1 Loss
2014-05-01 16:18:25| Trucking - Topix.net
Boyd Gaming shares are trading lower by 3 percent to $11.41 after the company reported disappointing first quarter results.
just On Call - Boston Beer Co remains cautious despite strong Q1
2014-05-01 14:36:54| Daily beverage news and comment - from just-drinks.com
Boston Beer Co has resisted raising its full-year profits outlook as the threat of major players launching new ciders and investing in other brands means "uncertainty" for the group, according to its CEO.
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T-Mobile US adds record 2.4 million subscribers in Q1
2014-05-01 13:34:00| Telecompaper Headlines
(Telecompaper) T-Mobile US added a record 2.4 million new customers in the first quarter, as its new pricing strategy started a year ago paid off. The mobile operator added 1.3 million postpaid and 465,000 prepaid customers under its own brand, while the remainder came from wholesale customers, giving it a total base of 49.1 million at the end of March. Revenues rose 47 percent year-on-year to USD 6.88 billion and were up 15.3 percent on a pro forma basis including the MetroPCS takeover. Growth was led by handset sales, with a record 6.9 million smartphones sold in the quarter, while pro forma service revenue increased 4.5 percent year-on-year to USD 5.34 billion. Retail postpaid ARPU was still down 1.4 percent from the previous quarter and 7.5 percent year-on-year to USD 50.01, due to greater adoption of the lower-priced Value and Simple Choice plans. Adjusted EBITDA was down slightly from a year earlier, to USD 1.09 billion versus 1.18 billion, due to increased handset sales. The margin fell to 20 percent from 29 percent a year ago. T-Mobile spent USD 947 million cash on capital equipment in the quarter and maintained its annual budget at USD 4.3-4.6 billion. The operator slightly reduced its forecast for annual adjusted EBITDA, to USD 5.6-5.8 billion from an earlier outlook of USD 5.7-6.0 billion. This comes as it raised its target for retail postpaid net additions this year, to 2.8-3.3 million from the earlier goal of 2.0-3.0 million.
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million
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