Cisco Systems Inc. gave a positive forecast for first-quarter sales as a COVID-19 recovery in China eases supply chain shortages and helps it meet demand for networking hardware, sending the company’s shares 5 percent higher in extended trading. The results announced on Wednesday suggest networking equipment makers have started overcoming the component crunch that had…
Fox Q2 Performance Falls Marginally Short of Street Expectations, Authorizes $4 Billion Buyback
Fox Corp. reported fourth-quarter FY22 revenue growth of 5 percent year-on-year to $3.03 billion, missing the consensus of $3.05 billion. Affiliate revenues increased 4 percent Y/Y to $1.73 billion with 2 percent growth in the Cable Network Programming segment and 7 percent growth in the Television segment. Advertising revenues increased 7 percent Y/Y to $1.06 billion, primarily…
Rogers Clocks 4 Percent Revenue Growth in Q1 Backed by Improving Canadian Economy; Raises FY22 Guidance
Rogers Communications Inc. reported first-quarter FY22 revenue growth of 4 percent year-on-year to C$3.62 billion. Service revenue grew 6 percent Y/Y to C$3.2 billion. Rogers attracted 66,000 net postpaid mobile phone subscribers, up from 22,000 last year, with a churn of 0.71 percent. Wireless service revenue increased by 7 percent Y/Y, mainly due to higher roaming…
Nielsen Clocks 3 Percent Revenue Growth In Q4 Backed By Measurement Revenue Growth; Plans $1Billion Buyback
Nielsen Holdings PLC reported fourth-quarter FY21 revenue growth of 2.9 percent year-on-year on a constant currency basis to $894 million, missing the consensus of $898 million. Measurement revenues of $647 million increased 4.0 percent Y/Y. Impact / Content revenues of $247 million were flat Y/Y. Adjusted EPS of $0.46 beat the consensus of $0.35. Adjusted EBITDA margin…
Twitter Falls Short of Revenue Growth Estimates
February 12, 2022
admin
Business & EconomyCompaniesEstimatesMarketsMedia & Big Techrevenue growthSocial MediastocksTechTwitterUncategorized
0 Comment
Twitter released its most recent quarterly report on Thursday, accompanied by an announcement of a $400 million share buyback, provoking market ambivalence that has some investors doubting the company’s future success. The new quarterly report, the first since Parag Agrawal stepped in as CEO of Twitter last November, revealed underwhelming metrics for revenue and user…
SoftBank Clocks 6 Percent Revenue Growth in Q3
SoftBank Group Corp. reported a third-quarter FY21 revenue growth of 6 percent Y/Y to ¥1.6 trillion ($13 billion). Arm revenue grew 20.6 percent Y/Y to ¥66 billion ($571 million). The gross profit expanded 12.5 percent Y/Y to ¥841.9 billion ($362 million). SoftBank’s net income declined 95.1 percent Y/Y to ¥59.2 billion ($512 million). EPS was ¥11.43….
Samsung Clocks Record Revenue in Q4 Backed by Premium Smartphones, TV, Home Appliances; Remains Positive for 2022
Samsung Electronics Co. Ltd. reported fourth-quarter FY21 revenue growth of 24 percent year-on-year to $63 billion (KRW 76.57 trillion). Finished product businesses, with expanded sales of premium smartphones, TVs, and, home appliances, drove the growth. The operating profit increased 53.3 percent Y/Y to $11.4 billion (KRW 13.87 trillion), driven by the semiconductor businesses. The Display Panel Business…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`