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Qualcomm quarterly revenues down 27%, sees mixed Q1

2019-11-06 23:03:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues for its fiscal fourth quarter down 27 percent year-on-year to USD 4.8 billion, as the resumption of licence payments from Apple was unable to offset the weakness in the smartphone market. The sales were at the low end of the company's guidance. Net earnings still increased, to USD 0.42 from a loss of USD 0.36 per share a year ago, thanks to fewer one-time charges and the group's share buyback programme. 

Tags: mixed quarterly sees revenues

 

Veon revenues fall in Q3 on weak Russian market, Pakistan court ruling

2019-11-04 08:53:00| Telecompaper Headlines

(Telecompaper) Veon reported a drop in revenues for the third quarter, hurt by drop in customers in its largest market Russia and a negative tax ruling in Pakistan. Revenues fell 4.0 percent to USD 2.223 billion and were down 0.9 percent on an organic basis. Veon said it was still on track for its full year outlook of low single digit organic growth, after a 4.6 percent increase over the first nine months.

Tags: market fall court russian

 
 

Rising US Oil, Gas Output Fuels 30% Jump In Federal Minerals Revenues: Interior

2019-10-25 04:17:53| OGI

An increase in oil and gas production on U.S. public lands drove a 30% increase in federal energy and minerals revenue disbursements in fiscal year 2019, to $11.69 billion, the U.S. Interior Department said on Oct. 24.

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Millicom Q3 revenues up 11% on new acquisitions, cuts FY outlook

2019-10-24 09:41:00| Telecompaper Headlines

(Telecompaper) In its main market of Latin America, the company increased revenues 9.7 percent to USD 1.50 billion, including its joint ventures in Guatemala and Honduras. Organic service revenues grew 1.0 percent to USD 1.38 billion and EBITDA rose 0.7 percent on an organic basis to USD 620 million, excluding the impact of IFRS 16, while the EBITDA margin improved by 3 percentage points year-on-year to 41.4 percent. By country, organic service revenue growth was strongest in Costa Rica (+4.6%) and Guatemala (+3.2%), while growth lagged in El Salvador (-4.9%) and Panama (-2.9%) during the quarter.

Tags: outlook cuts revenues acquisitions

 

America Movil revenues edge higher in Q3, net profit falls on forex charges

2019-10-16 09:51:00| Telecompaper Headlines

(Telecompaper) America Movil reported a return to revenue growth in the third quarter, of 0.2 percent to MXN 248 billion. Underlying service revenue growth, excluding forex effects, accelerated to 2.5 percent compared to 2.3 percent in the previous quarter. 

Tags: net america higher edge

 

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