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Tag: profit drops
Pfizer 1Q profit drops 15 pct due to lower sales
2014-05-05 15:56:58| Biotech - Topix.net
The Pfizer logo is displayed on the exterior of a former Pfizer factory, Sunday, May 4, 2014, in the Brooklyn borough of New York.
Microsoft profit drops but devices, consumer products help results
2014-04-25 12:47:05| InfoWorld: Top News
Microsoft's profit dropped and its revenue was almost flat in its third fiscal quarter, during which the company replaced Steve Ballmer with Satya Nadella as CEO. Revenue came in at $20.40 billion, down slightly from $20.49 billion in the same quarter last year. Net income was $5.7 billion, or $0.68 per share, down from $6.1 billion, or $0.72 per share.
Tags: results
products
microsoft
consumer
China Mobile Q1 profit drops on OTT competition
2014-04-22 12:48:00| Telecompaper Headlines
(Telecompaper) China Mobile reported a drop in first-quarter profits, as over-the-top data applications eroded voice and SMS revenues and competition on the saturated mobile market intensified. While quarterly revenues were up 7.8 percent year-on-year to CNY 154.8 billion, EBITDA fell 5.9 percent to CNY 57.6 billion, and the EBITDA margin dropped to 37.2 percent from 42.6 a year ago. Net profit declined 9.4 percent to CNY 25.2 billion. Despite adding 13.88 million new customers in the three months, for a total 781.08 million at the end of March, China Mobile saw voice traffic drop by 4.8 percent compared to the fourth quarter of 2013, to 1.04 trillion minutes. Average voice traffic per customer fell over the same period to 456 minutes per month from 476, hurt by a growing number of low-usage customers with multiple Sim cards and competition from OTT apps. SMS traffic fell by 6.6 percent on a sequential basis to a total 153.0 billion messages. Mobile data traffic was the one growth area, expanding by 17.4 percent compared to Q4 to 190.1 billion MB. The operator counted over 225 million 3G users and 2.79 million 4G customers at the end of March. On an annual basis, mobile data traffic was up 83.4 percent in Q1, while voice traffic increased only 0.6 percent. This all led to a decline in ARPU to CNY 62 per month in Q1, from CNY 68 in Q4.
Tags: china
mobile
profit
competition
US: Ascena Q2 profit drops as Justice dips
2014-03-04 14:06:00| Daily apparel & textile news and comment - from just-style.com
Ascena Retail Group has lowered its full-year earnings forecast after a second quarter in which net profit fell 14% thanks to a poor performance from the company's Justice stores.
Tags: profit
justice
drops
dips
Exxon Mobil fourth-quarter profit drops 16 percent
2014-01-30 15:57:03| Chemicals - Topix.net
Exxon Mobil Corp , the world's most valuable publicly traded oil company, said on Thursday its quarterly profit dropped 16 percent as production fell.
Tags: percent
profit
mobil
drops
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