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Snap sees drop in active users in Q2, revenues still up 44%

2018-08-08 08:54:00| Telecompaper Headlines

(Telecompaper) Snap reduced its losses and grew revenues in the second quarter but showed a drop in users of its app Snapchat. Daily active users totaled 188 million in Q2, up 8 percent from a year earlier but 2 percent less than in Q1 this year. Average revenue per user increased 34 percent year-on-year to USD 1.40, and total revenues rose 44 percent to USD 262 million.

Tags: up still users active


Dominican Republic apparel scheme sees exports tumble

2018-08-07 15:19:00| Daily apparel & textile news and comment - from just-style.com

A nine-year-old programme meant to boost the Dominican Republic's apparel exports to the United States has seen activity fall "precipitously" for the second year in a row, according to the latest annual review.

Tags: apparel republic scheme sees


Jewellery maker Pandora sees shares sink on sales downturn

2018-08-07 13:41:14| BBC News | Business | UK Edition

World's largest jeweller is hit by shift to online shopping.

Tags: sales shares maker sees


CBS raises OTT subscriber targets, sees 16 mln subs by 2022

2018-08-06 08:39:00| Telecompaper Headlines

(Telecompaper) US broadcaster CBS has raised its subscriber target for its over-the-top streaming services. The company said the services CBS All Access and Showtime OTT are "greatly exceeding our expectations" and should reach 8 million subscribers in 2019, a year earlier than planned. By 2022, the company targets 16 million subscribers for the services in the US. 

Tags: targets sees subscriber raises


Recycling Headwinds Abound, but Casella Sees Growth in Q2 2018

2018-08-03 18:27:43| Waste Age

Despite the deterioration of recycling commodity prices from the first quarter, Casella reaffirms its adjusted EBITDA and normalized free cash flow guidance ranges for the fiscal year.

Tags: growth sees recycling q2


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