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Facebook Q1 revenues grow 52% to USD 5.4 billion

2016-04-28 08:12:00| Telecompaper Headlines

(Telecompaper) Facebook reported first-quarter revenues up 52 percent year-on-year to USD 5.4 billion. EBIT roughly doubled to USD 2.0 billion, and the net profit nearly tripled to USD 1.5 billion. The number of active monthly users on the social network rose to 1.65 billion from 1.44 billion a year ago, with mobile users reaching 1.51 billion. Average revenue per user was the highest in North America at USD 12.43 per month, followed by Europe at USD 3.98 and Asia at USD 1.56. Facebook also announced plans to issue a new class of 'C' shares. These will be issued to A and B shareholders at a ratio of two for one.

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ABI Research forecasts autonomous parking technology revenues to grow by 29.5% CAGR within next decade

2016-03-08 19:56:13| Green Car Congress

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Dutch multiplay revenues grow to almost EUR 1 billion in Q3

2015-12-18 09:30:00| Telecompaper Headlines

(Telecompaper) Revenue generated by Dutch telecom operators from multiplay subscriptions grew to EUR 993 million in the third quarter of 2015, up by 7.4 percent compared with the same quarter in 2014. The revenue growth was driven by an increase in the number of broadband households signing up for multiplay services. The number of households with quad-play subscriptions, including both fixed and mobile services, grew to more than 600,000 at the end of quarter, according to Telecompaper's Dutch Consumer Multiplay Market 2015 Q3 report.

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Facebook revenues grow by 49% in Q4

2015-01-29 08:00:00| Telecompaper Headlines

(Telecompaper) Facebook reported fourth-quarter revenues rose 49 percent to USD 3.85 billion from USD 2.59 billion the prior year. Revenue from advertising was USD 3.59 billion, up 53 percent, and mobile represented approximately 69 percent of advertising revenues, up from 53 percent a year ago. Payments and other fees revenue rose 7 percent to USD 257 million. Operating profit was unchnaged year-on-year at USD 1.133 billion, and net income grew to USD 701 million or USD 0.25 per share, from USD 523 million or USD 0.20 per share a year earlier. After free cash flow of USD 1.07 billion in the quarter, Facebook finished the year with cash of USD 11.20 billion. Daily active users (DAUs) for December 2014 increased 18 percent to 890 million on average, and mobile DAUs were up 34 percent to 745 million. Monthly active users (MAUs) rose 13 percent to 1.39 billion in December, and mobile MAUs increased 26 percent to 1.19 billion. 

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Cisco revenues, orders grow 1% in October quarter

2014-11-13 08:59:00| Telecompaper Headlines

(Telecompaper) Cisco reported revenues of USD 12.2 billion for its fiscal first quarter to 25 October, up 1 percent year-on-year. Net profit totaled USD 1.8 billion or USD 0.35 per share, down from USD 2.0 billion or USD 0.37 a share a year ago. The gross margin increased to 63.3 percent from 63.0 a year ago, and adjusted EPS improved 1.9 percent to USD 0.54. CEO John Chambers said the company was pleased with the results, which showed its strongest Q1 ever. The main growth areas remained data centres, wireless and security, while the main switching business grew sales 3 percent to USD 3.85 billion. While the group's book-to-bill ratio was below 1 in the quarter, Cisco saw overall growth of 1 percent in product orders in the quarter. The Americas grew by 2 percent and EMEA region by 6 percent, led by double-digit growth in the UK and south Europe. The public sector improved to 13 percent annual growth in orders, and orders from the commercial segment grew 5 percent. The only weak points were Asia (-12%) and the service provider market (-10%). Cisco also announced that CFO Frank Calderoni has decided to step down from the start of next year. Kelly Kramer, currently senior vice president, Business Technology and Operations Finance at Cisco, will succeed him. 

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