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Tag: q3
Huawei reports smartphone shipments up 63% in Q3
2015-10-27 12:34:00| Telecompaper Headlines
(Telecompaper) Huawei announced that it sold 27.4 million smartphones in the third quarter, an increase of 63 percent year-on-year. Huawei said it was on track to reach its target of shipping over 100 million smartphones this year. Growth in Q3 was especially strong outside its home market China, with shipments up 98 percent in Europe and 70 percent higher in the Middle East and Africa. The company said it's now among the top three smartphone makers in Australia, Belgium, Italy, Portugal, Spain, Switzerland and New Zealand. In China, the company reported annual growth in shipments of 81 percent for Q3, helping it take first place in the market. Mid-to-high-end devices, costing more than CNY 2,000, accounted for 33 percent of Huawei's shipments in Q3, up 7 percentage-points over the previous quarter. This was helped by new flagship devices such as the Mate 7, P7 and P8, which have reached 6.5, 7.5 and 4 million units respectively to date.
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q3
ZTE revenue growth slows in Q3
2015-10-27 11:55:00| Telecompaper Headlines
(Telecompaper) ZTE reported a slowdown in revenue growth in the third quarter. The Chinese equipment maker said revenues in the first nine months of 2015 rose 16.5 percent year-on-year to CNY 68.5 billion, compared to annual growth of 21.8 percent reported for the first half of the year. The company's net profit was still up over 42 percent in the nine months to CNY 2.6 billion (USD 409 million). ZTE said the growth was led by increased sales of optical network products and LTE equipment to carriers. Revenue at the Carrier Networks division rose by more than 22 percent in the first nine months, and revenue from telecommunications software systems, services and other products increased by 45.8 percent, helped by higher sales of video and network terminal products.
United Rentals Posts Slight Revenue Increase for Q3
2015-10-26 15:26:03| Industrial Machines - Topix.net
United Rentals posted a third-quarter total revenue of $1.55 billion and rental revenue of $1.326 billion, compared with $1.544 billion and $1.315 billion, for the same period last year. United Rentals posted a third-quarter total revenue of $1.55 billion and rental revenue of $1.326 billion, compared with $1.544 billion and $1.315 billion, for the same period last year.
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Maroc Telecom accelerates growth in Q3
2015-10-26 09:01:00| Telecompaper Headlines
(Telecompaper) Maroc Telecom Group recorded third-quarter revenues up 4.8 percent on a like-for-like basis, thanks to a return to growth in Morocco (+3.3%) and accelerating International growth (+8.7%). Its customer base reached 51 million at 30 September, up 29 percent year-on-year, thanks to the acquisition of new subsidiaries from its parent Etisalat. EBITDA was up 5.1 percent on a like-for-like basis thanks to Morocco's EBITDA resumed growth (+1.6%) and the strong increase in International EBITDA (+13.2%). Over the first nine months of the year, revenues rose 16.6 percent to MAD 25.5 billion, and EBITDA was up 6.2 percent to MAD 12.76 billion. Net profit fell 6.2 percent to MAD 4.32 billion due to higher costs for the acquisition and consolidation of the new subsidiaries. Operating cash flow in the year to date was MAD 7.03 billion, 9.4 percent less than the same period the previous year as a result of the payment of the 4G licence in Morocco (MAD 910 million) and the renewal of the 2G licence in Mauritania for MAD 301 million. Excluding licences, cash flow was up 6.2 percent, as the 61 percent increase at the International activities more than offset the 12 percent decrease in Morocco. The Group's International activities posted revenues of MAD 10.22 billion, up 60.3 percent as a result of the group's broader scope and up by 6.5 percent on a like-for-like basis. The historical subsidiaries increased revenue 7.9 percent at constant exchange rates, and the newly acquired subsidiaries grew by 4.6 percent on the same basis. Third-quarter revenues from the International activities were up 8.7 percent, driven by the acceleration in growth at the new subsidiaries (+11.4%), impelled mainly by strong performance in the Ivory Coast and Niger.
Dow Chemical earnings per share up, sales down in Q3 2015
2015-10-23 22:18:56| Canadian Plastics Headlines
Despite wider margins in European plastics, chemical giant Dow Chemical Company reported third-quarter 2015 earnings of US$12 billion, a decline of 16 per cent year over year that the company says has been driven by pricing and currency. But earnings… The post Dow Chemical earnings per share up, sales down in Q3 2015 appeared first on Canadian Plastics.
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