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Synacor Gains EBITDA Momentum -- Revenue on Track, Adjusted EBITDA...
2015-08-04 22:18:51| Industrial Machines - Topix.net
Synacor Gains EBITDA Momentum -- Revenue on Track, Adjusted EBITDA Exceeds Guidance, Advertising Revenue Surges, Raises Guidance on Fiscal 2015 Adjusted EBITDA Adjusted EBITDA of $1.5 million in Q2 2015 up from a loss of $1.2 million in Q2 2014 BUFFALO, N.Y., Aug. 4, 2015 -- Synacor Inc. , the trusted multiscreen technology and monetization partner for video, internet and communications providers, and device manufacturers, today announced its financial results for the quarter ended June 30, 2015. "We continue to make solid progress across all areas of our strategic plan," said Synacor CEO Himesh Bhise.
Tags: track
revenue
adjusted
gains
Sprint improves EBITDA growth on switch to handset leasing
2015-08-04 14:18:00| Telecompaper Headlines
(Telecompaper) Sprint reported second-quarter adjusted EBITDA up 14 percent to USD 2.1 billion, while revenues were still down 9 percent to USD 8.0 billion. The improved EBITDA was due in part to the switch to handset leasing, which moved associated costs to depreciation from product costs, as well as lower costs at the wireline operations and for bad debtors. The company also raised its full-year outlook for adjusted EBITDA to USD 7.2-7.6 billion, from an earlier estimate of USD 6.5-6.9 billion, excluding any accounting impacts from the lease financing. The shift to lease plans also contributed to the drop in revenues, as handset revenues are now realised over the course of the contract. Equipment sales fell to USD 990 million from USD 1.1 billion a year ago, and service revenues dropped to USD 7.0 billion from USD 7.6 billion. Sprint succeeded in adding a net 675,000 connections in the three months, as 310,000 new postpaid users and 731,000 wholesale lines offset the loss of 366,000 prepaid users. In total the company had 56.812 million connections on the Sprint network, up from 53.331 million a year earlier, as well as 856,000 customers still from Clearwire. While connections grew in Q2, the company still lost a net 12,000 postpaid phones in the period. Sprint said it reversed the loss of phones for the first time in two years though, with net gains in May, June and July. Postpaid churn fell to 1.56 percent from 1.84 in Q1 and 2.05 a year ago, and the operator said it was a net winner in portings. Postpaid ARPU still fell to USD 55.48 from USD 56.94 in Q1 and USD 62.07 in Q2 2014.
Tags: growth
switch
leasing
sprint
T-Mobile US grows quarterly EBITDA 25%
2015-07-30 15:04:00| Telecompaper Headlines
(Telecompaper) T-Mobile US reported second-quarter revenues up 14 percent year-on-year to USD 8.2 billion. Service revenues rose 12 percent to USD 6.1 billion on continued strong customer growth. The mobile operator's adjusted EBITDA rose 25 percent from the year-earlier period to USD 1.8 billion, and the margin improved to 30 percent from 26 percent a year ago and 24 percent in Q1. The company moved to a net profit of USD 361 million from a loss of USD 63 million in Q1 2015. As reported earlier this month, T-Mobile US added 2.1 million net new customers in the second quarter, 41 percent more than in the year-earlier period, taking the total to 58.9 million. The strong growth led to another increase in its full-year forecast for branded postpaid net adds, to 3.9 million from 3.4 million. T-Mobile maintained its target for adjusted EBITDA at USD 6.8-7.2 billion and USD 4.4-4.7 billion in cash capex this year, but this excludes any impact from its recently launched JUMP! On Demand phone swap offer.
Tags: quarterly
grows
ebitda
tmobile
KPN Q2 revenues lower, improves EBITDA, FY outlook
2015-07-29 08:22:00| Telecompaper Headlines
(Telecompaper) KPN reported second-quarter revenues down 3.8 percent year-on-year to EUR 1.75 billion, while adjusted EBITDA rose 1.5 percent to EUR 602 million, in line with market expectations. Capital expenditure reached EUR 306 million, and free cash flow totaled EUR 232 million. The weak business market put pressure on revenues, while KPN said it started to see EBITDA stabilising in other areas. The Dutch operator raised its outlook for 2015 to adjusted EBITDA in line with 2014, capex of less than EUR 1.3 billion and free cash flow of over EUR 500 million. In addition the company expects to receive a dividend from its stake in Telefonica Deutschland. KPN's own dividend for the year is forecast at 8 cents a share, with an interim payment of 3 cents in September, and the dividend should increase in 2016. In addition KPN will pay a special dividend of 3.4 cents a share from the dividend received from Telefonica Germany for 2014.
Tags: lower
outlook
revenues
improves
Orange grows revenues, EBITDA 1% in Q2
2015-07-28 08:45:00| Telecompaper Headlines
(Telecompaper) Orange reported second-quarter revenues up 1.0 percent from a year earlier to EUR 9.885 billion, helped by a recovery in the business market and improving trends in mobile revenues in its main markets France and Spain. On a comparable basis, adjusted for acquisitions and currency effects, revenues fell 0.2 percent, slowing from a 0.9 percent decline in the first quarter. Adjusted EBITDA rose 1.1 percent year-on-year to EUR 3.290 billion, helped by the stronger dollar and lower indirect costs, especially a lower headcount. On a comparable basis, EBITDA fell 0.4 percent from a year ago, and the margin was stable at 33.3 percent. Orange maintained its outlook for full-year EBITDA of EUR 11.9-12.1 billion, after a slightly lower result of EUR 5.807 billion in the first half of 2015. The forecast does not include the planned acquisitions of Jazztel and Meditel. The company also reported a strong improvement in net profit over the first half, to EUR 1.283 billion from EUR 728 million a year ago thanks to a better contribution from EE in the UK. Capital expenditure over the six months increased 6.8 percent to EUR 2.672 billion, going mainly to fibre and 4G expansion. Net debt was up slightly from the end of 2014 and is set to expand further in the second half with the completion of the Jazztel takeover. Orange said it expects net debt to reach around 2.2 times adjusted EBITDA at year-end, versus 2.13 at the end of June, and the group will continue to pursue a policy of selective acquisitions, focusing on markets where it is already present. Over the medium term, net debt should fall to 2x EBITDA, helped by the sale of the stake in EE. Orange proposed an interim dividend of 20 cents a share, in line with a stable dividend of 60 cents per share over the full year.
Tags: orange
revenues
grows
q2
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