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BT H1 “on target”

BT has reported H1 revenue (to September 30th) of £10.4 billion (€11.9bn), in line with the prior year. Adjusted revenue was also at £10.4 billion, up 3 per cent on a pro forma basis due to increased fibre-enabled product sales, inflation-linked pricing and improved lower margin trading in Business partially offset by legacy product decline. […]

November 3, 2023

Apple Q4 flat despite iPhone record

Apple has announced financial results for its fiscal 2023 fourth quarter ended September 30th 2023. The company posted quarterly revenue of $89.5 billion, down 1 per cent year over year, and quarterly earnings per diluted share of $1.46, up 13 per cent year over year. “Today Apple is pleased to report a September quarter revenue record […]

November 3, 2023

Roku: Active accounts at 75.8m

Roku, the streaming specialist, has reported Q3 net revenue of $912 million (€856.4m), up 20 per cent year over year. Platform revenue was up $787 million (up 18 per cent YoY) and gross profit was $369 million (up 3 per cent YoY). Active accounts were at 75.8 million, a net increase of 2.3 million from […]

November 2, 2023

Fox profits dip

Fox Corporation has reported financial results for the three months ended September 30th. The company reported total quarterly revenues of $3.21 billion as compared to the $3.19 billion reported in the prior year quarter. Affiliate fee revenues increased 2 per cent, driven by 8 per cent growth at the Television segment. Advertising revenues decreased 2 per […]

November 2, 2023

SiriusXM Q3 flat; enhancements coming

US pay-radio operator SiriusXM declared Q3 revenues were flat at $2.27 billion (€2bn), just short of the $2.29 billion expected.Nevertheless, the company confirmed the increased quarterly dividend of $0.1064 per share which converts to a yield of 2.5 per cent. In summary, SiriusXM earnings growth was -3.98 per cent, a slight improvement on the same […]

November 2, 2023By Chris Forrester

Swisscom “in excellent position”

Swisscom, the Switzerland-based telco provider, has reported Q3 group revenue rose slightly by 0.3 per cent to CHF 8,202 million (€8.5bn), which translates to an increase of 0.9 per cent at constant exchange rates. In the Swiss core business, revenue fell slightly by 0.6 per cent to CHF 6,067 million. Revenue from telecommunications services decreased […]

November 2, 2023

Harmonic considers video business future

Broadband and media technologist Harmonic is undertaking a review of its video business, citing the need to better position Harmonic for long-term shareholder value creation. It revealed the move as it released its Q3 figures, which saw revenue down to $127.2 million (€120.5m), compared to $155.7 million in the prior year period. Broadband segment revenue […]

November 1, 2023By Colin Mann

Virgin Media O2 boosts customers; Cornerstone deal

Virgin Media O2 has reported net additions across fixed up 32,500, broadband up 40,800, and mobile contracts up 50,000 in Q3. Fixed network rollout passes 500,000 in the quarter, with 250,800 additional homes serviceable. Transaction adjusted revenue increased 7.1 per cent to £2.7 billion (€3.1bn) – 1.3 per cent excluding the benefit of nexfibre construction […]

November 1, 2023

SES confirms $3bn FCC cash received

SES has received the $2.99 billion (€2.81bn) C-band compensation payment from the FCC. In its Q3 results, issued two days earlier than initially announced, it also stated that its next pair of O3b/mPOWER satellites will be launched in the next few days. Q3 highlights are: Revenue (Year to Date) of €1.494 billion (+0.2 per cent […]

October 31, 2023By Chris Forrester

Bitmovin Q3 bookings up 210%

Bitmovin, a provider of video infrastructure solutions, has reported strong growth in Q3 – and 2023 as a whole. Stefan Lederer, CEO & Co-Founder of Bitmovin, commented: “The software and indeed tech industry as a whole is undergoing the biggest market correction since the Dot-Com bubble nearly 25 years ago. Despite all of this, Bitmovin […]

October 31, 2023