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Delta widens Q1 net loss on lower sales
2015-02-06 11:37:00| Daily apparel & textile news and comment - from just-style.com
US clothing business Delta Apparel has widened its net loss in the first quarter and reported lower sales.
Statoil posts quarterly loss amid oil price slump
2015-02-06 10:59:52| Oil & Gas - Topix.net
Norwegian energy group Statoil ASA says it will cut back on investments and costs as the slump in oil prices prompted a loss in the fourth quarter despite higher production. Statoil's net loss in the fourth quarter was 8.9 billion kroner compared to a profit of 14.8 billion kroner in the same period in 2013.
Twitter narrows loss as EBITDA reaches record high in Q3
2015-02-06 07:57:00| Telecompaper Headlines
(Telecompaper) Twitter's fourth-quarter revenues soared 97 percent from the year before to USD 479 million. Advertising revenue lifted 97 percent to USD 432 million, with mobile advertising revenue making up 80 percent of the total. Data licensing and other revenue advanced 105 percent to USD 47 million while international revenue totalled USD 164 million, up 149 percent. The company recorded record quarterly profit on an adjusted EBITDA basis, reaching USD 141.5 million from 44.8 million. The net loss meanwhile narrowed to USD 125.4 million from a net loss the year earlier of 511.5 million. CEO Dick Costolo expects the absolute number of net users added in the first quarter to be at similar levels as those seen during the first three quarters of 2014. This follows a loss of 4 million monthly users in Q4 due to changes in third-party integrations. Twitter's active monthly users will still up 20 percent year-on-year to 288 million, of which around 80 percent were on mobile platforms. For the first quarter, the company is guiding for revenues of USD 440-450 million and adjusted EBITDA of USD 89-94 million.
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Post loss widens on higher expenses
2015-02-06 06:31:24| Agriculture - Topix.net
Post Holdings Inc.'s loss widened sharply as the company logged higher expenses, largely related to acquisitions and a recent business reorganization. The St. Louis company, known for its Grape-Nuts and Fruity Pebbles brands, has been on a spending spree to diversify its business since its spinoff from Ralcorp Holdings Inc. in 2012.
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Alcatel-Lucent slashes net loss in 2014
2015-02-06 01:00:00| Total Telecom industry news
Equipment manufacturer enters the final leg of the Shift Plan.
Tags: net
loss
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net loss
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