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HTC reports net loss of TWD 4.48 billion in Q3

2015-10-05 13:47:00| Telecompaper Headlines

(Telecompaper) HTC has reported unaudited quarterly revenue of TWD 21.40 billion for the fiscal 2015 third quarter ended 30 September. Operating loss was TWD 4.94 billion. Net loss before tax amounted to TWD 4.49 billion, while net loss after tax stood at TWD 4.48 billion. This compares to a net profit of TWD 640 million for the third quarter of 2014. EPS were negative at TWD 5.41 for the quarter ended 30 September 2015.

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Skyline Reports 4Q Sales Gains; Net Loss Pared

2015-08-27 17:06:19| Mobile Homes - Topix.net

According to a company release, in the fourth quarter of fiscal 2015, Elkhart, Ind.-based Skyline Corp., a manufacturer of modular housing and park model RVs, reported: Net sales from continuing operations of $49.6 million, an increase of 8% over net sales of $46 million in the year ago quarter. Net loss from continuing operations of $149,000 which included a $243,000 gain on sale of idle property, plant and equipment.

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HTC posts net loss of TWD 8 bln in Q2

2015-08-06 10:40:00| Telecompaper Headlines

(Telecompaper) HTC reported a net loss of TWD 8.0 billion in the second quarter, versus a profit of TWD 2.3 billion a year earlier, hurt by a sharp fall in sales and an asset impairment charge of TWD 2.9 billion. HTC said it suffered from weak demand at the high end of the Android smartphone market as well as lower-than-expected sales in China. Revenues nearly halved, to TWD 33.0 billion from TWD 65.1 billion a year ago. The gross margin dropped to 19.3 percent from 22.2 in the year-earlier period and 19.7 in Q1 this year. HTC said it started a company-wide focus on reducing costs and optimising the use of resources. It continues to invest in new product areas though, notably virtual reality, where it plans to launch the HTC Vive glasses later this year. For the third quarter, the company forecast a further slide in sales, to TWD 19-22 billion compared to TWD 41.9 billion a year earlier. The gross margin is estimated at 19.0-19.5 percent and EPS at a loss of TWD 5.51-5.85. 

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Combes leaves Alcatel-Lucent as net loss narrows

2015-07-30 02:00:00| Total Telecom industry news

Vendor posts first positive free cash flow since its creation in 2006, says Nokia takeover is on track.

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Twitter narrows net loss as Q2 revenues lift to USD 502 mln

2015-07-29 07:46:00| Telecompaper Headlines

(Telecompaper) Twitter reported second-quarter revenues of USD 502 million, up 61 percent from the year-earlier figure and above its guidance of USD 470-485 million. Without forex effects, revenues would have increased 68 percent. Advertising revenues rose 63 percent from the year before to USD 452 million, with mobile advertising revenues making up 88 percent of the total. The net loss narrowed to USD 137 million or 21 cents a share from 145 million or 24 cents a share the year earlier. Adjusted EBITDA exceeded the company's target for Q2, coming in at USD 120 million from 54.1 million, representing an adjusted EBITDA margin of 24 percent. Twitter CEO Dick Costolo was pleased with the good progress in monetization but was not satisfied with audience growth. In order to realise its full potential, the CEO said the company had improve in three key areas: it needed to ensure more disciplined execution, simplify its service to deliver value faster, and better communicate that value.

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