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Cisco quarterly revenues fall 9%, sees continued drop in October quarter

2020-08-13 08:15:00| Telecompaper Headlines

(Telecompaper) Cisco reported a slightly bigger drop in revenues in its fiscal fourth quarter to July, down 9 percent to USD 12.2 billion compared to an 8 percent fall in the previous quarter. Revenues were near the high end of its guidance. Earnings still increased 22 percent year-on-year to USD 0.62, helped by lower taxes. 

Tags: october fall continued drop

 

Tencent grows Q2 revenues 29% on demand for mobile games, media services

2020-08-12 14:33:00| Telecompaper Headlines

(Telecompaper) Tencent reported steady growth in the second quarter, with little sign of a slowdown due to the coronavirus. Revenues rose 29 percent year-on-year to CNY 114.9 billion, EBITDA increased 24 percent to CNY 40.5 billion, and the net profit was up 31 percent to CNY 32.5 billion. 

Tags: services media games mobile

 
 

OTT TV and video revenues at $83 billion in 2019

2020-08-10 04:00:03| Digital TV News

Global online TV episode and movie revenues reached $83 billion in 2019, climbing from $67 billion in 2018 and up by $50 billion on 2017, according to Digital TV Research.

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Price pressures weigh on Lenzing H1 revenues

2020-08-06 13:44:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing has seen increased price pressure on textile fibres across its range as a result of the pandemic which weighed on sales and earnings in its first-half.

Tags: price revenues pressures weigh

 

3 Group revenues fall 3% in H1 on lower customer base, coronavirus impact

2020-08-06 11:31:00| Telecompaper Headlines

(Telecompaper) 3 Group reported a drop in first-half results, hurt by the effects of the coronavirus crisis and the loss of customers in the UK and Italy. Revenues fell 7 percent to HKD 40.52 billion, and EBITDA was down 11 percent to HKD 14.45 billion. Excluding currency effects, revenues fell 3 percent and EBITDA was down 7 percent. 

Tags: group customer base lower

 

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