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Cisco raises dividend as profits improve despite 4% fall in revenue

2020-02-13 08:32:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues for its fiscal second quarter to January down 4 percent year-on-year to USD 12.0 billion, in line with its outlook. The company forecast a further decline of 1.5-3.5 percent in the current quarter. Profits were still higher in Q2, and Cisco raised its quarterly dividend by 3 percent to USD 0.36 per share.

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Nokia improves profits on flat sales in Q4, targets improved cash flow in 2020

2020-02-06 08:44:00| Telecompaper Headlines

(Telecompaper) Nokia reported a strong improvement in profits for the fourth quarter, despite flat revenues for the period. Profits were still down over the full year, and the company said it will focus this year on its mobile access business and cash flow, with the hope of paying a dividend by year-end. 

Tags: sales cash flow flat

 
 

Facebook: Privacy scandals take toll on profits

2020-01-30 00:25:18| BBC News | Business | UK Edition

The firm recorded its first annual decline in profits in at least five years in 2019.

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Ericsson raises dividend 50% as profits improve, margins on track

2020-01-24 08:58:00| Telecompaper Headlines

(Telecompaper) Ericsson announced a 50 percent increase in its dividend to SEK 1.50 per share, after reporting full-year results it says are on track to meet its medium and long-term targets. For the fourth quarter, the company posted sales up 4 percent to SEK 66.4 billion, and the adjusted operating margin more than doubled to 9.7 percent, close to its target of 10 percent for 2020.

Tags: on track improve ericsson

 

Fast Retailing sales and profits slump in Q3

2020-01-13 12:13:00| Daily apparel & textile news and comment - from just-style.com

Japan's Fast Retailing Group, the owner of brands including Uniqlo and Gu has booked a drop in both revenues and earnings for its first-quarter, weighed down by weaker profits in its South Korea and Hong Kong operations.

Tags: sales fast profits q3

 

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