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NREL report shows EV charging stations continued strong growth in early 2020

2020-11-11 10:55:40| Green Car Congress

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Facebook doubles profit on strong growth in user numbers during Q2, sees pressure for ad revenue

2020-07-31 11:37:00| Telecompaper Headlines

(Telecompaper) Facebook doubled its net profit in the second quarter amid continued high engagement on its network amid the covid-19 pandemic, even as revenue growth slowed to 11 percent. The company noted however that it was seeing signs of normalisation in user growth and engagement as lockdown measures ease in some parts of the world, particularly in developed markets where the company's penetration is higher. The company expects the daily and monthly user growth to sequentially flatten or even decline in the third quarter as shelter-in-place measures restrictions continue to lessen.

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Strategy Analytics forecasts strong growth in automotive sensors driven by EV demand

2020-06-22 11:56:24| Green Car Congress

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Facebook records strong engagement though slower growth in Q1

2020-04-30 09:45:00| Telecompaper Headlines

(Telecompaper) Facebook reported more engagement on its social network as people were confined to their homes during the coronavirus pandemic. This resulted in strong growth metrics but the company cautioned that some of this engagement should lessen in the future as in-place restrictions ease. Revenues went up in the quarter but growth was affected by less demand for advertising, plus a related decline in the pricing of ads. The company will therefore give no specific guidance for the second quarter, just a "snapshot" of how it is faring so far.

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Zoom Video beats earnings outlook, sees further strong growth in new year

2020-03-05 08:47:00| Telecompaper Headlines

(Telecompaper) Zoom Video Communications reported better-than-expected results for its fiscal fourth quarter to January and full year. Quarterly revenues jumped 78 percent year-on-year to USD 188.3 million, and adjusted operating profit more than tripled, to USD 38.4 million from USD 9.8 million a year earlier. Net profit improved to USD 15.3 million from USD 1.2 million, and the adjusted EPS rose to USD 0.15, double the 7 cents forecast. 

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