AT&T reports wireless and fiber subscriber gains as overall revenue dips
AT&T reported consolidated revenues for the third quarter of $42.3 billion, down 5% from $44.6 billion in the year-ago quarter. ...
Tag: Financials
Verizon reports decline in Q3 revenue citing COVID-19, raises guidance
Verizon reported consolidated Q3 operating revenues of $31.5 billion, down 4.1 percent from third-quarter 2019. EPS was $1.05, compared with ...
Ericsson’s network sales rise 13% in Q3
Ericsson reported Q3 sales of SEK 57.5 (57.1) billion, up 7% YoY when adjusted for comparable units and currency.The company ...
Xilinx posts sales of $767 million – strength in data center and automotive
Xilinx reported revenues of $767 million for the second quarter of its fiscal year 2021, up 5% sequentially but down ...
GTT sells infrastructure division for $2.15 billion
GTT Communications will sell its infrastructure division to I Squared Capital, an independent global infrastructure investment firm, for $2.15 billion.The ...
Zoom reports 458% growth in key customer segment
Zoom Video Communications reported quarterly revenue of $663.5 million, up 355% year-over-year. GAAP net income was $185.7 million, or $0.63 ...
Nutanix posts revenue of $327.9M, up 9% yoy, Bain invests $750M
Nutanix reported revenue of $327.9 million for its fourth quarter of fiscal 2020, up 9% year-over-year from $299.9 million in ...
VMware posts Q2 revenue of $2.88 billion, up 9% yoy
VMware reported Q2 revenue of $2.88 billion, an increase of 9% from the second quarter of fiscal 2020. GAAP net ...
HPE reports growing “as-a-service” revenue
Hewlett Packard Enterprise reported revenue of $6.8 billion for its fiscal 2020 third quarter, ended July 31, 2020, down 6% ...
Intel announces $10 billion stock buyback
Intel plans to repurchase an aggregate of $10 billion of its common stock. Once this tranche is completed, Intel will ...
Deutsche Telekom posts flat Q2 revenue at home, some COVID impact
Deutsche Telekom reported Q2 revenue of 27.0 billion euros, up 37% yoy after the inclusion of Sprint but down 0.6 ...
Lumentum posts quarterly sales of $368 million
Lumentum reported net revenue for its fiscal fourth quarter of 2020 was $368.1 million, with GAAP net loss attributable to ...
Viavi clocks revenue of $266.6 million, down 8% year-over-year
VIAVI reported revenue of $266.6 million for its fourth fiscal quarter, ended June 27, 2020. GAAP net income was $26.7 ...
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