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Twitter lowers FY outlook after revenue growth slows in Q1
2015-04-29 09:20:00| Telecompaper Headlines
(Telecompaper) Twitter reported first-quarter revenues of USD 436 million, up 74 percent from the year-earlier figure but lower than the company's guidance of USD 440-450 million. Advertising revenues came in at USD 388 million, up 72 percent from last year's figure of USD 226 million, of which some 89 percent came from mobile accounts. The messaging company's net loss widened to USD 162 million or 25 cents a share from USD 132 million or 23 cents a share a year ago. Adjusted EBITDA exceeded the company's target for Q1, coming in at USD 104 million, up from USD 37 million a year ago, representing an adjusted EBITDA margin of 24 percent. The company had a total of 302 million monthly active users in March, an increase of 18 percent year-on-year, after adding just 14 million users over the last quarter. Around 80 percent of users were on mobile. The company was forced to lower its guidance for annual revenue from USD 2.30 billion to around USD 2.17 2.27 billion, saying that its direct response products were likely to keep underperforming throughout the year.
Tags: in
growth
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Cowen and Company Lowers Intel Price Target to $33.00
2015-04-15 18:17:22| Agriculture - Topix.net
The firm currently has a "market perform" rating on the stock. Cowen and Company's target price suggests a potential upside of 4.80% from the stock's previous close.
Tags: price
company
target
intel
Analyst lowers ratings on American Airlines, Delta Air Lines and United Airlines
2015-04-02 07:24:32| Airlines - Topix.net
American Airlines jets line up at Dallas/Fort Worth International Airport gates in this April 2014 photo. Deutsche Bank analyst Michael Linenberg isn't souring on American Airlines , Delta Air Lines and United Continental Holdings long term.
Tags: united
american
air
lines
CSX Corp. (CSX) Stock Lower After Kansas City Southern Lowers Revenue Guidance
2015-03-23 21:28:08| Railroads - Topix.net
Kansas City Southern said it now expects low single-digit revenue growth for full year 2015, down from mid single-digit growth for the year. The railroad operator said the decrease is due to slow year-to-date carload growth from the energy sector, the continued weakening of the Mexican peso compared to the U.S. dollar, and lower fuel surcharge revenues.
Tags: city
stock
lower
southern
AGCO lowers Chairman Richenhagen's total compensation in 2014
2015-03-23 19:00:57| Industrial Machines - Topix.net
AGCO Corp. Chairman, President and CEO Martin Richenhagen 's total compensation decreased for the third year in a row in 2014. In a proxy filing with the Securities and Exchange Commission , the Duluth, Ga.-based agricultural equipment maker reported it gave Richenhagen a total comp package worth about $10.7 million.
Tags: total
compensation
chairman
lowers
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