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Facebook Q2 profits surge as ads drive 59% sales jump

2016-07-28 07:46:00| Telecompaper Headlines

(Telecompaper) Facebook reported a record net profit for the second quarter, almost tripling that of a year earlier, as a surge in advertising sales drove a 59 percent jump in revenues over the period. Average revenue per user (ARPU) was USD 3.82 in the period, up 38.4 percent from USD 2.76 a year earlier. Chief executive Mark Zuckerberg said the company was particularly pleased with its progress in video as it moves towards a world where video is at the heart of all its services.

Tags: sales jump drive ads

 

Samsung profits boosted by smartphone sales

2016-07-28 02:31:34| BBC News | Business | UK Edition

Strong smartphone sales help Samsung Electronics post its best quarterly results in more than two years.

Tags: sales samsung profits smartphone

 
 

Dr Pepper Snapple Group shrugs off CSD declines as H1 profits climb - results

2016-07-27 14:50:00| Daily beverage news and comment - from just-drinks.com

Declines in Dr Pepper Snapple Group's core CSD brands have failed to offset growth in the company's increasingly-diversified portfolio as first-half profits jumped.

Tags: results group profits pepper

 

The Coca-Cola Co cuts FY sales forecast as Q2 profits grow - results

2016-07-27 14:09:00| Daily beverage news and comment - from just-drinks.com

A rise in price/mix and a Germany-related gain in the second quarter helped pull Coca-Cola Co's bottom line into growth for the first six months of this year.

Tags: results sales grow cuts

 

ITV braces for Brexit as profits rise

2016-07-27 09:21:59| BBC News | Business | UK Edition

ITV says it will need to cut costs to prepare for economic uncertainty sparked by the UK's decision to quit the EU.

Tags: rise profits braces itv

 

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