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Twitter warns of Q1 operating loss on advertising slump during pandemic

2020-03-24 08:42:00| Telecompaper Headlines

(Telecompaper) Twitter has warned of lower revenues and an operating loss in the first quarter, as the Covid-19 outbreak dampens advertising revenues. The company said it was withdrawing its previous guidance in the first quarter as well estimates for expenses, stock-based compensation, headcount and capital expenditures for the full year due to the growing impact of the pandemic on the economic climate and advertiser demand.

Tags: advertising loss operating warns

 

Loss Prevention 101: Future-Proofing Your Network Begins With Resilience

2020-03-20 12:00:00| TechNewsWorld

Critical server outages cost businesses an average of $300,000 hourly, with many cases exceeding $5 million. As network demands increase and maximum uptime becomes a necessity, it is crucial to implement the proper processes and systems to ensure organizations constantly are able to mitigate the threat of outages. A host of factors can cause network or system downtime.

Tags: network loss begins prevention

 
 

Cathay Pacific expects 'substantial loss' this year

2020-03-11 06:27:54| BBC News | Business | UK Edition

Hong Kong's national carrier is the latest airline to warn of economic impact from the coronavirus.

Tags: year loss pacific substantial

 

French Connection reports FY loss, sales continue to fall

2020-03-10 13:31:00| Daily apparel & textile news and comment - from just-style.com

UK-based retailer French Connection has reported a loss for the full financial year, fuelled by an 11.4% drop in sales.

Tags: sales continue reports fall

 

Ascena widens Q2 net loss amid Dressbarn wind down

2020-03-10 11:52:00| Daily apparel & textile news and comment - from just-style.com

Ascena Retail Group, owner of the Ann Taylor, Loft and Lane Bryant chains, has widened its net loss in the second quarter amid the completion of its Dressbarn wind down as it works to simplify the business.

Tags: net loss wind amid

 

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