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Sunrise raises FY adjusted EBITDA guidance after 13% growth in Q1

2019-05-16 10:26:00| Telecompaper Headlines

(Telecompaper) Swiss operator Sunrise has recorded Q1 revenues of CHF 447 million, down 2.6 percent from Q1 2018, because of lower hubbing and hardware sales. Service revenue increased by 2.7 percent, driven by customer momentum and B2B. Adjusted EBITDA including IFRS 16 was up by 13.2 percent to CHF 158 million. The total mobile subscriber base in Q1 reached nearly 2.37 million, with 13,000 net additions in Q1.

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Nouryon Reports Growth in Revenues, Adjusted EBITDA for 2018

2019-05-02 12:00:00| Coatings World Breaking News

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AT&T says on track with debt reduction after small rise in Q1 adjusted earnings

2019-04-24 13:20:00| Telecompaper Headlines

(Telecompaper) AT&T reported revenues up 17.8 percent in the first quarter to USD 44.8 billion, driven by its takeover of Time Warner, expansion in advertising services and mobile service revenue growth. This was offset by continued declines its legacy wireline services and pay-TV subscriber losses. The company's net profit fell to USD 4.1 billion from USD 4.7 billion, hurt by one-time charges for the merger and employee benefit schemes. On an adjusted basis, the operating margin rose to 21.4 percent from 19.7 percent, and EPS increased to USD 0.86 from USD 0.85 a year ago.

Tags: small track rise reduction

Verizon raises FY outlook for adjusted EPS growth as cost savings boost bottom line

2019-04-23 14:00:00| Telecompaper Headlines

(Telecompaper) Verizon saw its wireless service revenue growth strengthen to 4.4 percent in the first quarter, helped by customers migrating to higher price plans, strong customer growth in Q4 and more lines per account. Customer growth was seasonally weak, with 61,000 retail net postpaid additions and 44,000 phone net losses. The US operator's bottom line still improved, helped by its ongoing voluntary redundancy programme and other cost-cutting efforts, with EPS up to USD 1.22 from USD 1.11 a year earlier. The company now expects growth in underlying EPS over the full year.

Tags: line cost bottom growth