Posts Tagged ‘results’

Tata Communications Q3 consolidated EBITDA up by 61% YoY

Friday, January 27th, 2012

Singapore Headquartered Tata Communications maintained strong revenue growth across operations (for the quarter ended 31 December, 2011), with gross revenues increasing 19% year-on-year (YoY).

The main takeaways from the report are summarised below:

  • Core Business remains profitable
  • Neotel sees further enhancement in operating profitability
  • Focused cash management program on track
  • Capex programme is aligned to demand and is pursuing predictable & strategic growth-oriented opportunities

Commenting on the performance of Q3 FY2012, Mr. Vinod Kumar, CEO and MD, Tata Communications, said, “We are very pleased to report a healthy improvement in the operating performance of the business. Global voice has demonstrated continued improvement in volumes and revenues. The company’s global data business is scaling up as planned. Complementing our leadership in the enterprise data segment within India, we have been growing our international revenues as reflected in the enhanced uptake of our customised offerings and managed services.”For the quarter ended 31 December, 2011, consolidated gross revenues were at Rs. 36,041 million.

This is against Rs. 33,736 million in the previous sequential quarter and Rs. 30,180 million in the same quarter last year.

The Core Business accounted for Rs. 31,648 million – against Rs. 29,079 million in Q2 FY2012 and Rs. 28,535 million in Q3FY2011.

The Startup Business, primarily Neotel, posted revenues of Rs. 4,394 million in the quarter ended December 31, 2012.

This is against Rs. 4,657 million in Q2 FY2012 and Rs. 1,645 million in Q3 FY2011.

Read the detailed presentation of details from the report here.

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CA Technologies reports Third Quarter Fiscal Year 2012 Results

Thursday, January 26th, 2012

CA Technologies today reported financial results for its third quarter of fiscal year 2012, which ended on 31 December, 2011.

Third Quarter
FY12 vs. FY11
(in millions, except share data)		 FY12 FY11 Percent Change Percent Change CC**
Revenue $1,263 $1,144 34% 24%
GAAP Income from continuing operations $263 $196 34% 24%
Non-GAAP Income from continuing operations* $319 $256 25% 18%
GAAP Diluted EPS from continuing operations $0.54 $0.38 42% 39%
Non-GAAP  Diluted EPS from continuing operations* $0.65 $0.50 30% 28%
Cash Flow from continuing operations $396 $492 (20%) (19%)

* Non-GAAP income and earnings per share are non-GAAP financial measures, as noted in the discussion of non-GAAP results below. A reconciliation of non-GAAP financial measures to their comparable GAAP financial measures is included in the tables following this news release.

**CC: Constant Currency

The main takeaways from the report is summarised below:

  • Revenue $1.263 billion: Up 10% in constant currency and as reported.
  • GAAP EPS $0.54: Up 39% in constant currency and 42% as reported.
  • Non-GAAP EPS $0.65: Up 28 Percent in constant currency and 30%as Reported
  • Single license payment contributes 3 percentage points to revenue growth and $0.05 to GAAP and Non-GAAP EPS growth.
  • Cash flow from continuing operations $396 Million: Down 19 Percent in constant currency and 20% as reported.
  • Raises full year outlook for GAAP and non-GAAP EPS and adjusts revenue guidance to high end of range; maintains cash flow from continuing operations outlook.
  • Enhances capital allocation program, targeting return of $2.5 billion to shareholders through fiscal year 2014.

Read the full report below:

(more…)

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China sales of iPhone and iPad helps Apple profits beat estimates

Wednesday, July 20th, 2011

Apple’s stock price surged past $400 for the first time, after record sales of iPhones and iPads pushed third-quarter profit beyond estimates. Net income during the period was $7.31 billion ($7.79 per share), which is more than double of last year’s $3.25 billion ($3.51 per share). This was helped by iPhone sales in China, where total revenue jumped sixfold to $3.8 billion.

Apple's Q3 2011 Unaudited Summary DataOverall sales jumped 82 percent to $28.6 billion. Analysts had predicted a profit of $5.87 per share and a revenue of $25 billion. Apple sold 20.3 million iPhones and 9.3 million iPads in the third quarter, which ended June 25. Mac computer sales were 3.95 million

Having overcome supply shortages for the iPad 2 after its March debut, saw sales of the iPad soar, reported Adam Satariano of Bloomberg. The tablet is now Apple’s second-largest source of revenue – behind the iPhone – less than two years after its initial launch.

After the results were released, Apple shares shot up 7.5 percent to $405 in extended trading. The stock is up 17 percent this year.

The report eased investors’ concerns that sales would suffer from the lack of a new iPhone, which isn’t expected until September. The Cupertino, California-based company also has been operating without the day-to-day attention of Chief Executive Officer Steve Jobs, who has been on medical leave since January.

“China was very key to our results,” said Chief Operating Officer Tim Cook, who has been handling day-to-day leadership at Apple’s headquarters in Cupertino, California, since Chief Executive Officer Steve Jobs’s medical leave in January.

Apple’s results assuaged worries by investors that sales would suffer because a new iPhone will only be available in September. Its foray into China and other fast-growing economies helped compensate slower growth in the U.S. Sales in China, Taiwan and Hong Kong accounted for $8.8 billion in the first three quarters of the fiscal year, Apple revealed.

The Wall Street Journal has cited unmamed sources familiar with the issue that since Jobs went on leave, some members of Apple’s board have discussed CEO succession with executive recruiters. The talks included at least one head of a high-profile technology company, the Journal added.

The results also substantiated the belief that tablets are cannibalizing sales from traditional personal computers. Apple claims that 86 percent of Fortune 500 companies are testing or deploying the iPad, and disclosed that sales of the tablet beat those of the Mac computer among primary and secondary schools.

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Good Microsoft results beat estimates

Friday, January 28th, 2011

Microsoft reported profit that beat estimates because of strong corporate demand and sales of its Xbox Kinect motion sensors, despite a below-expectation sales of Windows for PCs and unremarkable premiere of Windows 7 for mobile phones.

Second quarter net income of $6.63 billion, or 77 cents per share, compared with 74 cents per share last year and estimates of 68 cents per share prior to the announcements of results at 5:30 pm New York time on 27 Jan.

Microsoft CorporationSales rose 4.9 % to $20 billion, beating projections of $19.1 billion, based on data compiled by Bloomberg.

Corporate customers are installing new Office software and buying more server programs, off-setting lower-than-expected PC sales to consumers.

PC shipments in the quarter rose 2.7 percent, below the 5.5 percent projected by researcher IDC in Framingham, Massachusetts, as consumers held off purchases and some opted for Apple Inc.’s iPad tablet computer instead, reported Bloomberg.

The Xbox Kinect motion sensors sold 8 million units – more than twice the 3 million units originally forecasted by the company. The Kinect was launched in November, at prices that ranged from $150 for the product alone to $400 when bundled with the high-end Xbox console.

This is in contrast with the shipment of 2 million licenses for the newly launched Windows 7 for mobile phones. Though within expectations, analysts like  Kevin Burden at ABI Research felt it was disappointing.

Overall, good results for Microsoft, with room for improvement for the sales of Windows 7 licenses, and consumer PC sales in the face of competition from the iPad and the slate of tablets from other manufacturers.

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