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Vision-oriented AI company Recogni raises $25M; investors include Toyota AI Ventures, BMW i Ventures, Faurecia

2019-08-01 11:56:59| Green Car Congress

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Altice France raises FY objectives, as EBITDA growth accelerates to 10% in Q2

2019-08-01 11:26:00| Telecompaper Headlines

(Telecompaper) Altice Europe raised its FY operating free cash flow guidance and the revenue/EBITDA outlook for its French operations, as it said that the group's operational turnaround was bearing fruit. Altice France reported revenues of EUR 2.60 billion in the second quarter, up 4.0 percent year-on-year (-1.2% in Q1), while adjusted EBITDA rose 10.1 percent to EUR 1.08 billion (+4.6% in Q1).

Tags: in france growth objectives

 
 

Veon raises dividend as H1 results track ahead of FY growth outlook

2019-08-01 08:42:00| Telecompaper Headlines

(Telecompaper) Veon reported second-quarter results ahead of its full-year outlook. Organic revenues rose 7.5 percent, and adjusted EBITDA was up 11.1 percent, compared to a forecast for low single-digit growth in revenue and low to mid single-digit growth in EBITDA. The growth was supported mainly by the operations in Pakistan and Ukraine, offsetting flat results in Russia and declines in Algeria and Uzbekistan. 

Tags: results track growth ahead

 

Mexico's Vista Oil & Gas Raises $107 Million In Share Offering

2019-07-27 02:22:01| OGI

Mexico's Vista Oil & Gas has raised 2.031 billion pesos (US$107 million) in a primary public share offering to help finance development of shale oil projects in Argentina, the firm said on July 26.

Tags: share million vista gas

 

AT&T raises cash flow target after drop in Q2 earnings

2019-07-24 12:57:00| Telecompaper Headlines

(Telecompaper) AT&T has raised its target for free cash flow this year, supported by better working capital management, after reporting a record amount of USD 8.8 billion in the second quarter. Net earnings fell to USD 0.51 per share in Q2 from USD 0.81 a year earlier and also declined on an adjusted basis, due to a number of one-time items. The US operator said it still expects a low single-digit rise in full-year adjusted earnings. 

Tags: cash target flow drop

 

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