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ZTE posts strong Q1 profit growth
2016-04-29 02:00:00| Total Telecom industry news
Chinese vendor says bottom line grew by almost 16% in first three months of 2016.
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Netflix posts strong customer growth in Q1, sees slow Q2
2016-04-19 08:32:00| Telecompaper Headlines
(Telecompaper) Netflix announced first-quarter results better than expected but gave a cautious outlook for the second quarter. The company added 2.30 million new streaming customers in the US and 4.51 million at its international activities, beating its own guidance of respectively 1.75 million and 4.35 million. The total number of streaming subscribers reached 47.0 million in the US and 34.5 million elsewhere, while the company also still had 4.7 million DVD rental customers. Revenues increased 24 percent to USD 1.96 billion in Q1, with growth of 17 percent in the US and 57 percent at the international business. EBITDA fell by 23 percent, and operating profit nearly halved to USD 49 million due to the costs of international expansion. Net profit was still slightly higher due to a gain. After negative cash flow of USD 261 million, Netflix ended the period with USD 1.6 billion in cash.
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K-Z's Vision 23RLS Posts Strong Spring Sales
2016-03-15 14:17:30| Mobile Homes - Topix.net
K.Z. Inc.'s Vision 23RLS laminated travel trailer has enjoyed steady sales during the spring selling season, the company reported in a press release. "The Vision is a stylish ultra-lightweight travel trailer designed with a family's comfort in mind," said Marlene Snyder, vice-president of sales and marketing for the Shipshewana, Ind.-based Thor Industries Inc. subsidiary.
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Instant Analysis: Hormel Foods Posts Strong Q1 Profit Growth, Raises Guidance
2016-02-23 00:36:32| Food - Topix.net
What happened? Recent months have been kind to Hormel Foods , as the company revealed in fiscal Q1 2016 results released Feb. 16. For the quarter, Hormel's net sales were 4% lower on a year-over-year basis, at almost $2.3 billion. On the other hand, adjusted net profit saw a 37% leap to $235 million .
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Monolithic Power Posts Strong Earnings Growth Despite A Tough Macro Environment
2016-02-09 09:19:48| Semiconductors - Topix.net
Monolithic Power delivered better than expected fourth-quarter results, while the company's product cycles continue to offset macro-related concerns. While U.S. markets closed sharply lower on Friday amid a massive drop in technology stocks, shares of Monolithic Power Systems rose 3% after the power management company reported strong quarterly earnings, beating Street expectations.
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