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Twitter beats Q4 expectations, forecasts higher costs in 2019

2019-02-07 13:38:00| Telecompaper Headlines

(Telecompaper) Twitter reported fourth-quarter revenues up 24 percent year-on-year to USD 909 million. Adjusted EBITDA jumped to USD 397 million from USD 302 million, better than the company's outlook. Monthly active users continued to fall, as the company cleaned up its user base, but Twitter said daily users were still growing, as its focuses more on monetisable users. 

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Cisco beats Q1 expectations with 8% sales growth, EPS up 60%

2018-11-15 08:45:00| Telecompaper Headlines

(Telecompaper) Cisco reported a strong start to its fiscal year, with revenue in the October quarter up 8 percent year-on-year to USD 13.1 billion. Net profit rose 48 percent to USD 3.5 billion, and EPS jumped 60 percent to USD 0.77. The results were better than the company's guidance. 

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Netflix beats Q3 expectations with over 6 mln new paid subscribers

2018-10-17 08:30:00| Telecompaper Headlines

(Telecompaper) Netflix reported third-quarter results above expectations. The company added a total of 6.07 million new subscribers in the quarter, including 1.00 million in the US, for a total of 130 million worldwide. The results sent the company's share price up 13 percent in after-hours trading. 

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Facebook beats analyst's expectations as revenues surge in Q1 2018

2018-04-26 02:00:00| Total Telecom industry news

Facebook has posted a strong set of financials for the first quarter of 2018, providing a much-needed shot in the arm for the social media giant.  Facebook saw $27 billion wiped off the value of its share price in Q1 2018 (roughly 5 per cent of the company's value)…read more on TotalTele.com »

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Twitter Q1 profit beats expectations, revenues grow 21%

2018-04-25 14:52:00| Telecompaper Headlines

(Telecompaper) Twitter reported a strong start to 2018, with better-than-expected profits and a return to sequential growth in users. Revenues rose 21 percent year-on-year to USD 665 million, with the company saying sales increased across all products and geographies. Video was the fastest growing ad format and accounted for over half of ad revenues.

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