Financials
Financials
Cellcom Israel Q1 net falls 44% on price erosion
Cellcom Israel Ltd.'s first-quarter earnings fell 44% as increased competition continued to drive down prices, a trend the Israeli cellular provider expects to continue and perhaps escalate. In response, Chief Executive Nir Sztern said the company intends to...
Financials
Telefonica Brasil Q1 net profit down 15.2%
Telefonica Brasil SA. Thursday reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian reais ($488 million) from a year earlier due to higher costs generated by depreciation and amortizations. The results included that of fixed telephone...
Financials
InfoSpace Q1 net soars on TaxACT acquisition
U.S. search company beat Q1 revenue guidance and earnings came in at high end of expectations.InfoSpace Inc.'s first-quarter profit surged as the Internet search company's newly acquired TaxACT tax preparation business added substantially to its top line. Bellevue,...
Financials
Cisco Q3 net up 20%, weak Q4 view sends shares lower
IT spending projections have been revised lower in recent months, according to CEO Chambers. Cisco Systems Inc.'s fiscal third-quarter earnings jumped 20% on higher revenue and margins, though the network-equipment maker struck a cautious tone about the information-technology spending environment....
Financials
Mediobanca net profit down 73% on Telco, loan losses
Telecom Italia parent reported €1 billion loss on nine months ended 31 January. Italian merchant bank Mediobanca SpA Wednesday reported a 73% drop in net profit for the fiscal third quarter, hit by a big increase in impairments, including a...
Financials
Evolving Systems Q1 net down 19%
Firm declares new special dividend of $1.70, costing it approximately $19.3 million. Evolving Systems Inc.'s first-quarter profit dropped 19% as the networking-services company's year-ago period benefited from discontinued operations. The company also unveiled a $1.70 special dividend, following its...
Financials
Globe Telecom Q1 net profit falls 10%
Philippine-based telco says 2012 is a year of investment in customers, networks, processes. Globe Telecom Inc., the country's second-largest telecommunications company by revenue, said Tuesday first-quarter net profit declined 10% on year, weighed down by the cost of the company's...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from any location or device.