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Cisco quarterly revenues fall 9%, sees continued drop in October quarter

2020-08-13 08:15:00| Telecompaper Headlines

(Telecompaper) Cisco reported a slightly bigger drop in revenues in its fiscal fourth quarter to July, down 9 percent to USD 12.2 billion compared to an 8 percent fall in the previous quarter. Revenues were near the high end of its guidance. Earnings still increased 22 percent year-on-year to USD 0.62, helped by lower taxes.

Tags: october fall continued drop

Cisco quarterly revenues fall 8%, sees bigger drop in July quarter

2020-05-14 08:17:00| Telecompaper Headlines

(Telecompaper) Cisco's revenues turned lower in its fiscal third quarter to April, down 8 percent year-on-year to USD 12.0 billion, and net earnings fell 6 percent to USD 0.65 per share. The company said it expects a further decline in the July quarter, with revenues down 8.5-11.5 percent annually and EPS of USD 0.57-0.62.

Tags: july fall drop quarter

Swisscom sees drop in revenues, EBITDA, minimal impact of Covid-19 crisis in Q1

2020-04-30 09:23:00| Telecompaper Headlines

(Telecompaper) Swisscom said that its revenues decreased by 4.3 percent year-on-year in Q1 2020 to CHF 2.73 billion, in line with expectations, and with minimal impact of the Covid-19 crisis on its financial results for the period. EBITDA fell 0.7 percent to CHF 1.11 billion. In the Swiss market, the company saw a 4.4 percent decline in revenues to CHF 2.07 billion in the first quarter, with revenues in the telecommunication services down by CHF 72 million amid persistent competitive and price pressure in various segments.

Tags: impact drop crisis minimal

Deutsche Telekom leads drop in German mobile service revenues in Q3

2018-11-26 14:03:00| Telecompaper Headlines

(Telecompaper) Deutsche Telekom added 622,000 Sims in the three months, while its service revenues were down 8.9 percent year-on-year. Telekom said it added only 48,000 postpaid customers under its own brand in the quarter, suggesting much of the growth in customers is due to low-value MVNOs on its network. Vodafone showed the opposite picture, shedding 204,000 customers in the quarter, but growing service revenues 0.6 percent year-on-year as it increased the share of postpaid subscribers in its base to over 60 percent for the first time.

Tags: service mobile german drop