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Qualcomm posts net loss, forecasts fall in next quarter's revenues
2018-11-07 22:57:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported a net loss for its fiscal fourth quarter to September, hurt by the USD 2 billion paid to NXP for not completing their merger. Revenues were down 2 percent year-on-year to USD 5.8 billion, in line with the company's guidance and including partial payment of back licensing fees from one major customer. Qualcomm said underlying earnings were better than forecast and it expects to return to growth in adjusted EPS in the current quarter, despite a projected sharp fall in revenue.
Veon organic revenues rise but net loss widens in Q1
2018-05-14 09:12:00| Telecompaper Headlines
(Telecompaper) Total revenues dipped 1.4 percent lower from the year before to USD 2.250 billion, hurt by the devaluation of the Uzbek and Pakistani currencies. Organically, revenues lifted 3.2 percent, driven by operations in Russia, Pakistan, Ukraine and Uzbekistan, partially offset by continued weakness in Algeria and Bangladesh. Revenues from mobile data meanwhile jumped almost 16 percent to USD 505 million. Total mobile customer numbers, excluding the company's Italian joint venture, advanced 1.8 percent year-on-year to 210 million.
House of Fraser in FY net loss ahead of takeover
2018-05-11 14:18:00| Daily apparel & textile news and comment - from just-style.com
House of Fraser's new Chinese owner has reported the UK department store retailer booked a loss of GBP37m (US$50.2m) in 2017, in what it called a "challenging" year for the company.
Liberty Global widens Q3 net loss in Europe
2017-11-02 01:00:00| Total Telecom industry news
Liberty Global late Wednesday reported a larger third quarter net loss in Europe. For the three months to 30 September, the U.S.-based cable group's net loss widened to $460 million (€394.17 million) from $168 million a year earlier. Operating income fell to $537 million from $764 million…read more on TotalTele.com »
Ericsson net loss swells to SEK 4.3 billion in Q3, sales fall 6%
2017-10-20 08:30:00| Telecompaper Headlines
(Telecompaper) Ericsson saw its net loss widen to SEK 4.3 billion for the third quarter, from SEK 0.2 billion a year ago, due to a number of one-time restructuring costs and writedowns. Revenues at the network equipment maker also fell 6 percent, to SEK 47.8 billion, and adjusted operating profit, excluding all the charges, was breakeven.
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