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Tag: quarterly revenues
HTC quarterly revenues fall 28.5%
2014-01-06 09:00:00| Telecompaper Headlines
(Telecompaper) HTC announced a net profit of TWD 0.31 billion for the fourth quarter, down from TWD 1.0 billion a year earlier. Revenues fell to TWD 42.89 billion, from TWD 60.01 billion in Q4 2012, and the operating result was a loss of TWD 1.56 billion, versus a profit of TWD 600 million a year ago. Revenues and net profit were in line with the company's earlier forecast. In December alone, revenues at the smartphone maker fell 42.4 percent year-on-year to TWD 12.43 billion. HTC will release detailed results and an outlook for the coming period at a later date.
Tags: fall
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HP quarterly revenues down 3%, maintains outlook
2013-11-27 08:59:00| Telecompaper Headlines
(Telecompaper) HP reported revenues for its fiscal fourth quarter to October of USD 29.1 billion, down 3 percent from a year earlier. Negative currency effects accounted for 2 percent of the decline. The group's earnings totaled USD 0.73 per share, reversing a loss of USD 3.49 a year ago. On an adjusted basis excluding restructuring charges, EPS fell 13 percent year-on-year to USD 1.01. Cash flow from operations declined 31 percent to USD 2.8 billion, and the company ended the period with USD 12.5 billion in cash. Over the full year, HP met its outlook with adjusted EPS of USD 3.56 versus an outlook of USD 3.53-3.57, while revenues fell 7 percent to USD 112.3 billion. Hp CEO Meg Whitman said the company ended the fiscal year "on a high note", showing its recovery was well underway. The company maintained its outlook for adjusted EPS of USD 3.55-3.75 in fiscal 2014. For the first quarter, HP expects a result of 82-86 cents.
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Airtel quarterly revenues up 9%, EBITDA improves 19%
2013-07-31 08:59:00| Telecompaper Headlines
(Telecompaper) Bharti Airtel reported revenues up 9.2 percent year-on-year to INR 202.6 billion for its fiscal first quarter to June. Revenues were up 11.6 percent in its home market India, helped by mobile price increases and growth in mobile data and TV services. At its South Asia and Africa operations, growth slowed to 4.6 percent, hurt by termination rate cuts in several countries in Africa. The operator's EBITDA rose 19.3 percent to INR 65.5 billion, and the margin improved to 32.3 percent from 29.6 a year earlier. Net profit dropped to INR 6.9 billion from INR 7.6 billion due to forex and derivatives losses. Operating cash flow doubled year-on-year to INR 42.5 billion, and net debt dropped by USD 908 million in the quarter to USD 9.78 billion at end-June after the investment by the Qatar Foundation. That's equal to 2.21 times EBITDA, versus 2.50 three months earlier. Airtel finished the quarter with 274.92 million customers, up by 1.4 percent from March and 5.4 percent more than a year earlier.
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Vodafone quarterly service revenues fall 3.5%
2013-07-19 09:00:00| Telecompaper Headlines
(Telecompaper) Vodafone reported a continued decline in underlying service revenues in its fiscal first quarter to June, as the slowdown in southern Europe started to move to its northern Europe operations as well. Total service revenues for the quarter were up 2.5 percent to GBP 10.155 billion, helped by a strong contribution from Verizon Wireless in the US and positive currency effects. However, on an organic basis, service revenues were down 3.5 percent from a year earlier, as a 3.0 percent drop in north Europe and 14.4 percent decline in south Europe could not be offset by 5.9 percent growth in Africa, Asia and the Middle East. Capex increased 6.9 percent from a year earlier to GBP 1.193 billion, and free cash flow rose 2.7 percent to GBP 968 million. Despite the competitive and regulatory pressure in Europe, Vodafone said growth was accelerating in emerging markets and it was making progress on strategic initiatives such as 4G and the planned takeover of Kabel Deutschland. Over 5 million customers are now using its new Red plans, which helped drive a 9 percent organic increase in in-bundle revenues in the quarter. The operator maintained its outlook for the full year for a small rise in adjusted operating profit and stable capex.
Tags: service
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Ciena posts quarterly revenues stronger than expected
2013-06-06 15:36:00| Telecompaper Headlines
(Telecompaper) Ciena reported revenues for its fiscal second quarter to 30 April up 6.3 percent from a year earlier to USD 507.7 million, better than its outlook of 465-495 million. The network equipment maker's net loss narrowed only slightly, to USD 27.1 million or 27 cents a share from USD 27.8 million or 28 cents a share a year ago. Excluding one-time items, the adjusted gross margin improved to 42.5 percent from 39.6, and the operating margin rose to 3.7 percent from 3.4. After free cash flow of USD 35.6 million in the quarter, the company finished the period with total cash and investments of USD 456.5 million. For fiscal Q3, Ciena forecast revenue of USD 515-545 million and an adjusted gross margin in the low 40s percent range.
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