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Tag: net
Apple Sales Miss Target; Microsoft, Yahoo Net Swing to Loss
2015-07-23 05:50:26| Appliances - Topix.net
Boeing net plunged 33% but revenues jumped 11%. Illinois Tool net tumbled 68%. Microsoft net swung to a loss.
Telenor Q2 net profit increases 57%
2015-07-22 09:00:00| Telecompaper Headlines
(Telecompaper) Telenor reported second-quarter revenues in line with its full-year outlook, with organic sales up 6 percent and a small drop in the EBITDA margin. Total revenues rose to NOK 30.18 billion from NOK 25.66 billion a year earlier, led by the company's expansion in Myanmar and India and solid results in its home market Norway. Adjusted EBITDA increased to NOK 10.57 billion from NOK 9.50 billion, while the EBITDA margin was still down 2 percent points year-on-year to 35 percent. Telenor increased capital expenditure to NOK 6.59 billion from NOK 3.87 billion a year ago, reaching almost 22 percent of revenues on spending on a new broadcast satellite and network expansion in Asia. As a result operating cash flow fell to NOK 3.98 billion from NOK 5.63 billion. Net profit was still 57 percent higher year-on-year at NOK 3.64 billion. For the full year 2015, the operator maintained its outlook for mid-single digit organic revenue growth, an EBITDA margin of 34-36 percent, and capex at around 17-19 percent of revenues.
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ZTE net profit increases 43% in H1
2015-07-21 12:41:00| Telecompaper Headlines
(Telecompaper) ZTE said it expects to report a 43 percent increase in net profit for the first half of 2015 to CNY 1.61 billion (USD 260 million), thanks to strong sales of LTE network systems. The preliminary results show operating revenue up 21.9 percent year-on-year to CNY 45.94 billion, and the operating result moved to a profit of CNY 66.28 million from a loss of CNY 210.05 million a year ago. ZTE said it saw higher sales in the first half from FDD LTE equipment, as well as wireline switch and access systems, mainly in its home market China. In addition, contract profitability improved in the period. Revenue in the Enterprise and Government ICT Solutions division also increased, driven by new smart city deployments and higher sales to rail operators. The company will give a full interim earnings report 26 August.
Handelsbanken net profit up as U.K. push continues
2015-07-21 09:29:01| Appliances - Topix.net
Swedish lender Svenska Handelsbanken AB Tuesday said it continued its expansion in the U.K. during the second quarter as it posted a small rise in net profit, helped by higher business volumes and lower funding costs. Net profit at the Stockholm-based bank was 4.17 billion Swedish kronor in the three months ended June 30, up from SEK4.03 billion in the comparative period last year.
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Werner's Net Income Rises 24%
2015-07-21 00:24:15| Industrial Machines - Topix.net
Rate increases and fleet additions helped Werner Enterprises Inc. raise second-quarter net income 24% to $31.8 million, or 44 cents per share. Werner, which ranks No.
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