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Amazon Q1 results beat expectations

2016-04-29 08:28:00| Telecompaper Headlines

(Telecompaper) Amazon.com reported a strong improvement in first-quarter results. Net sales increased 28 percent to USD 29.1 billion, operating income was nearly four times higher at USD 1.1 billion versus USD 255 million a year ago, and the net result improved to a profit of USD 513 million from a loss of USD 57 million. The company's free cash flow doubled year-on-year to USD 6.4 billion on a trailing 12-month basis. Amazon highlighted the strong sales of its own products, with twice as many Fire tablets sold as in the first quarter last year and its Fire TV Stick clocking up a record 100,000 reviews, more than any other product ever sold on Amazon. For the second quarter, Amazon forecast net sales of USD 28.0-30.5 billion, an increase of 21-32 percent from a year earlier. Operating profit is expected at USD 375-975 million, versus USD 464 million in second quarter 2015.

Tags: results amazon beat expectations

 

Ahlstrom Posts First Quarter Results

2016-04-28 18:34:00| Nonwovens Industry Breaking News

Profitability improved despite lower demand in key markets.

Tags: results posts quarter ahlstrom

 
 

Dr Pepper Snapple Group's Q1 results by brand - Focus

2016-04-28 16:50:00| Daily beverage news and comment - from just-drinks.com

Yesterday, Dr Pepper Snapple Group (DPSG) reported a lift in sales and profits for the first quarter of 2016, as prices and volumes increased. Here, just-drinks takes a closer look at the company's performance by brand and market in the three months to the end of March.

Tags: results groups brand focus

 

Q1 Results Are In At Colgate

2016-04-28 16:17:00| Happi Breaking News

Worldwide net sales fall 7.5% but organic sales rise 5.0%.

Tags: results colgate

 

Axalta Releases First Quarter 2016 Results

2016-04-28 15:07:00| Coatings World Breaking News

Tags: results releases quarter quarter releases

 

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