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BlackBerry posts USD 89 mln loss after restructuring costs

2015-12-18 16:52:00| Telecompaper Headlines

(Telecompaper) BlackBerry piosted a USD 89 million net loss (USD 0.17 EPS) in its fiscal third quarter to 28 November. The loss reflects USD 38 million in restructuring and acquisition costs, USD 18 million of amortisation of acquired intangibles, USD 14 million of stock compensation and USD 5 million in debentures fair value adjustment. On a non-GAAP basis, BlackBerry made a USD 15 million net loss (USD 0.03). Some 70 percent of the company's USD 548 million third quarter revenue was recurring. BlackBerry's Adjusted EBITDA came in a USD 114 million and free cash flow at USD 15 million.

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Navistar posts loss, says goal is profitability in 2016

2015-12-17 16:02:02| Automakers - Topix.net

Truckmaker Navistar International Corp posted its 13th consecutive quarterly loss on Thursday amid declining revenue but said that it plans to further cut costs in 2016 and return to profitability. CHICAGO: Truckmaker Navistar International Corp posted its 13th consecutive quarterly loss on Thursday amid declining revenue but said that it plans to further cut costs in 2016 and return to profitability.

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Wolford posts H1 loss despite sales rise 

2015-12-15 13:17:00| Daily apparel & textile news and comment - from just-style.com

Austrian hosiery business Wolford AG swung to a loss during the first half - traditionally its weakest for seasonal reasons - despite posting a near double-digit increase in revenues. 

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Ico Therapeutics posts loss of $127,000 in third quarter

2015-11-25 07:43:59| Energy - Topix.net

The Vancouver, British Columbia-based company said it had a loss of less than 1 cent on a per-share basis. In the final minutes of trading on Tuesday, the company's shares hit 4 cents.

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Encana writes down more assets, posts US$1.2-billion loss in third quarter

2015-11-12 18:15:40| Oil & Gas - Topix.net

Encana Corp. says it had a US$1.2-billion net loss in the third quarter, mainly as recognition of the impaired value of some of its assets given the current low-price environment. The loss amounted to US$1.47 per share and contrasted with a US$2.8 billion net profit in last year's third quarter, when oil and gas prices were more than double the current levels.

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