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Tag: q1
Facebook revenues surge 72% in Q1
2014-04-23 23:17:00| Telecompaper Headlines
(Telecompaper) Social media company, Facebook reported first quarter revenue of USD 2.50 billion, representing a significant year-on-year increase of 72 percent from USD 1.46 billion. Revenue from advertising rose 82 percent to USD 2.27 billion, with advertising revenue representing approximately 59 percent of advertising revenue, up from 30 percent. Payments and other fees revenue totalled USD 237 million.
Tags: revenues
facebook
surge
q1
AT&T raises FY outlook after strong Q1
2014-04-23 09:03:00| Telecompaper Headlines
(Telecompaper) AT&T raised its sales growth forecast for the full year after a strong first-quarter performance. Revenues in the first three months of the year rose 3.6 percent to USD 32.5 billion, its strongest growth in two years, and the US operator now expects to achieve at least 4 percent growth over the full year. The operating margin improved to 19.3 percent from 18.9 a year ago, and net profit rose to USD 3.7 billion or 70 cents a share, from USD 3.7 billion or 67 cents a share. Adjusting for USD 0.01 per share of Leap transaction-related costs, EPS rose to USD 0.71 from USD 0.64 in the year-ago quarter, an increase of almost 11 percent. The Leap takeover closed on 13 March. AT&T expects USD 1.2 billion in integration costs for the acquisition in the next two years, while the takeover will have a negative impact of USD 0.05 on EPS this year. Despite this, AT&T still expects stable margins this year and mid-single digit growth in adjusted EPS. The operator forecast capital expenditures around USD 21 billion in 2014, after USD 5.8 billion in Q1, and free cash flow of USD 11 billion over the full year, versus USD 3.0 billion in Q1.
Tags: strong
att
outlook
raises
TeliaSonera looks for M&A as Q1 numbers fall
2014-04-23 02:00:00| Total Telecom industry news
Swedish telco's Q1 sales, profits down as customer behaviour changes.
Tags: fall
numbers
q1
teliasonera
VIETNAM: Textile and garment exports surge 21.9% in Q1
2014-04-22 17:36:10| Daily apparel & textile news and comment - from just-style.com
Vietnam's textile and clothing exports jumped 21.9% year-on-year in the first quarter of 2014 to reach $4.53bn, according to the country's General Statistics Office.
Tags: vietnam
textile
surge
exports
Comcast adds more TV subscribers in Q1
2014-04-22 13:50:00| Telecompaper Headlines
(Telecompaper) Comcast added new TV subscribers for a second consecutive quarter in Q1. The US' largest cable operator signed up 24,000 new video customers in the three months, for a total 22.601 million at the end of March. Broadband also continued its strong growth, adding 383,000 customers to reach 21.068 million. Telephony users were up by 142,000 in Q1 to 10.865 million. Comcast increased the percentage of customers taking all three services to 36 percent, from 33 percent a year earlier. The Cable division grew quarterly revenues 5.3 percent year-on-year to USD 10.8 billion, driven by rate increases, customers taking higher-tier plans and 24 percent higher business service revenues. Operating cash flow grew a slower 4.3 percent to USD 4.4 billion, due to increased programming costs. Comcast's total net profit was up 31.5 percent from a year earlier to USD 0.71 per share, helped by gains on the sale of an investment and a favorable resolution of a prior acquisition contingency. Capital expenditure increased 6.4 percent to USD 1.4 billion, mainly due to increased spending on customer premise equipment related to the deployment of the X1 platform and wireless gateways. Cable capex was 10.6 percent of revenue. Free cash flow decreased 10.0 percent to USD 2.8 billion after higher spending for the Olympics and film and TV production.
Tags: adds
subscribers
q1
comcast
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