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Twitter beats Q4 expectations, forecasts higher costs in 2019

2019-02-07 13:38:00| Telecompaper Headlines

(Telecompaper) Twitter reported fourth-quarter revenues up 24 percent year-on-year to USD 909 million. Adjusted EBITDA jumped to USD 397 million from USD 302 million, better than the company's outlook. Monthly active users continued to fall, as the company cleaned up its user base, but Twitter said daily users were still growing, as its focuses more on monetisable users. 

Tags: costs higher expectations beats


Alphabet revenues rise 22% in Q4 marked by record contribution from Google Other, higher expenses

2019-02-05 09:00:00| Telecompaper Headlines

(Telecompaper) Alphabet, the parent company of Google, said revenues for the fourth quarter reached USD 39.276 billion, up 22 percent year-on-year or by 23 percent without currency effects. Growth was in line with past quarters. For the operating profit, it slowed a bit, rising 7.0 to USD 8.203 billion. The figure includes USD 9.70 billion generated by Google and a loss of USD 1.33 billion generated by the Other Bets, much higher than the year before's loss of 748 million. The net profit increased to USD 8.948 billion against the loss of 3.020 billion. The result suffered this year from higher interest charges but benefited from lower taxes. The loss the year before was caused by the impact of the Tax Act. Meanwhile, the revenue contribution of Google Other, investments, liquidity and workforce numbers all grew to record levels. 

Tags: other google record higher


More feeder cattle prices, higher prices

2019-01-31 17:44:00| Beef

It's a headline that all cattle producers want to see. Even though feeder cattle receipts were higher, prices jumped up as well. Unfortunately, on the slaughter cow side, that volume wasn't sustained, pushing prices easily $3-6 higher.

Tags: prices higher cattle feeder


Study: US counties with higher PM2.5 concentrations have more stroke deaths

2019-01-31 12:57:30| Green Car Congress

Tags: study higher concentrations counties


Verizon forecasts modest revenue growth, flat earnings, higher capex in 2019

2019-01-29 13:59:00| Telecompaper Headlines

(Telecompaper) US operator Verizon reported revenues for 2018 up 3.8 percent and said it expects similar, low single-digit percentage growth in 2019. Adjusted EPS was better than expected, rising 26 percent to USD 4.71 thanks to tax benefits in Q4, but Verizon said it expects a negative impact this year from new accounting rules on leases. Capital expenditure will also increase this year as the operator ramps up its 5G roll-out. 

Tags: higher growth flat revenue


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