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America Movil Q2 results improve, service revenue up 8%

2017-07-19 07:54:00| Telecompaper Headlines

(Telecompaper) America Movil reported improved results for the second quarter, with revenues up 6.9 percent year-on-year to MXN 250 billion. Service revenues rose 8.1 percent and were up 4.2 percent on at constant exchange rates, its best performance in ten quarters. The growth was led by mobile data services, which grew revenues 21.8 percent. EBITDA increased 13.7 percent year-on-year to MXN 69.4 billion and rose 10.4 percent at constant exchange rates. The company said all operations posted sequential increases in EBITDA, with very significant moves in Peru, Chile, Argentina, Europe, Mexico and Colombia. The EBITDA margin stood at 27.8 percent, up 0.7 percentage points from the prior quarter and up 1.7 percentage points from a year earlier.

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Essitys Q2 Sales Up

2017-07-18 20:20:00| Nonwovens Industry Breaking News

Net sales increased 12.7%

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Netflix adds 5.2 mln customers in Q2, sales up 32%

2017-07-18 08:27:00| Telecompaper Headlines

(Telecompaper) Netflix added 5.20 million new subscribers in the second quarter for a total 104 million at the end of June, well ahead of is outlook for growth of 2.95 million. It expects another strong quarter in Q3, with a forecast for the addition of 6.40 million new customers. The strong results led to a 10 percent jump in its share price to a new record in post-close trade.

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Woo Hoo! The Northeast Brochure is Up!!

2017-07-14 22:11:38| PortlandOnline

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Masmovil Q1 service revenues EUR 228 mln, up 17%

2017-07-14 10:34:00| Telecompaper Headlines

(Telecompaper) Spanish operator Masmovil reported service revenues of EUR 228 million in the first quarter of 2017, up 17 percent on a proforma basis from a year earlier. Recurring EBITDA more than doubled from a year earlier to EUR 45 million from EUR 20 million and the company reaffirmed its earnings guidance for full-year 2017.

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