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Subsidised China yarns contribute to Unifi Q2 loss

2019-05-01 16:39:00| Daily apparel & textile news and comment - from just-style.com

US yarn manufacturer Unifi has delivered its eighth consecutive quarter of sales growth but noted a number of headwinds and shortfalls reduced its short-term profitability in its first set of results since the resignation of former CEO Kevin Hall.

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Frac Sand Miner U.S. Silica Reports Smaller-Than-Expected Loss

2019-05-01 15:09:21| OGI

Frac sand miner U.S. Silica Holdings Inc. reported a smaller-than-expected quarterly loss on May 1 due to strong demand for silica sand from industries, including chemical and glass.

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Nokia posts operating loss on weak Q1, still sees better H2

2019-04-25 08:54:00| Telecompaper Headlines

(Telecompaper) Nokia reported a weak set of first-quarter results, moving back into the red as competition steps up for new 5G contracts. The company said that while some risk factors have increased, it still expects results to improve in the course of the year as 5G roll-outs ramp up and to meet its 2019 targets.

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Opinions differ on element of surprise in Nokia's Q1 loss

2019-04-25 02:00:00| Total Telecom industry news

Industry-watchers were surprised by the Q1 net loss posted by Nokia on Thursday, but the vendor itself did its best to convince the market that everything's under control. Nokia chef executive Rajeev Suri admitted that the first quarter was weak for Nokia, but "we expected that it would be…read more on TotalTele.com »

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