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Netflix posts strong customer growth in Q1, sees slow Q2

2016-04-19 08:32:00| Telecompaper Headlines

(Telecompaper) Netflix announced first-quarter results better than expected but gave a cautious outlook for the second quarter. The company added 2.30 million new streaming customers in the US and 4.51 million at its international activities, beating its own guidance of respectively 1.75 million and 4.35 million. The total number of streaming subscribers reached 47.0 million in the US and 34.5 million elsewhere, while the company also still had 4.7 million DVD rental customers. Revenues increased 24 percent to USD 1.96 billion in Q1, with growth of 17 percent in the US and 57 percent at the international business. EBITDA fell by 23 percent, and operating profit nearly halved to USD 49 million due to the costs of international expansion. Net profit was still slightly higher due to a gain. After negative cash flow of USD 261 million, Netflix ended the period with USD 1.6 billion in cash. 

Tags: customer posts strong growth

 

Blount International Inc (BLT) Sees Large Growth in Short Interest

2016-04-18 09:12:58| Industrial Machines - Topix.net

Blount International Inc was the target of a significant increase in short interest in March. As of March 31st, there was short interest totalling 3,328,955 shares, an increase of 249.7% from the March 15th total of 952,007 shares, MarketBeat Ratings reports.

Tags: international large short interest

 
 

Toyota sees a modest growth of the US auto market this year

2016-04-07 10:47:50| Auto Dealers - Topix.net

The world's biggest automaker by sales expects another auto sales record year in the United States, but the actual growth will be slightly over the 2015 figures. There are many predictions regarding the outcome of the auto market in the United States at the end of the year, with almost all of them pointing out towards another sales record.

Tags: this year auto market

 

Unisys Co. (UIS) Sees Large Growth in Short Interest

2016-03-29 11:08:50| IT Services - Topix.net

Unisys Co. was the recipient of a large growth in short interest in the month of March.

Tags: large short interest growth

 

Deutsche Telekom sees solid growth continuing in 2016

2016-02-25 08:06:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom said it expects continued growth in 2016, led by its US operations. In 2015, the company exceeded its guidance, with adjusted EBITDA up 13.3 percent to EUR 19.9 billion compared to guidance of EUR 18.3 billion, helped by the stronger dollar. Free cash flow was also better than expected, up 9.8 percent to EUR 4.5 billion. Revenues rose 10.5 percent to EUR 69.2 billion, and the adjusted net profit was up by almost 70 percent to EUR 4.1 billion. For 2016, the operator forecast adjusted EBITDA up over 6 percent to around EUR 21.2 billion, free cash flow growth of 8 percent to EUR 4.9 billion, and an increase in capital expenditure to EUR 11.2 billion from EUR 10.8 billion last year. 

Tags: growth solid deutsche continuing

 

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