Posts filtered by tags: Earnings[x]


Q4FY19: Google’s ad revenues rose 16.5% to $32.6B, rising expenses

Google parent Alphabet Inc’s reported a 22% year-on-year increase in revenues to $39.2 billion in quarter ended December 31, 2018 (Q4FY19). Revenues stood at $32.3 billion a year ago in Q4FY18, and at $33.74 billion in the preceding quarter. The company reported a net income of $8.9 billion, up... ...
Tags: Travel, Google, Mobile, News, Internet, Youtube, Advertising, Google Search, Earnings, Alphabet, Google Cloud Platform, Alphabet Inc, Google Assistant, Google Home, Earnings Dec-18

MTNL’s losses widen to Rs 832 Cr in Q3FY19; seeks Rs 500 Cr from DoT

State-owned telecom operator MTNL continued to post losses reporting Rs 832.26 crore, up from Rs 859.05 crore in the preceding quarter, and up 30% year-on-year from Rs 639 crore in Q3FY18. The company’s total income dropped 18.7% year-on-year to Rs 692.42 crore, from Rs 852.64 in Q3FY18. Over the... ...
Tags: Travel, News, Internet, Government, Broadband, Telecom, Earnings, PSU, MTNL, Department of Telecom, Earnings Dec-18

The new FDI in E-commerce policy doesn’t help Amazon India’s users and sellers – Brian Olsavsky, Amazon CFO

On its Q4FY19 earnings conference call, the Amazon leadership was asked multiple questions about the outlook for its India business. Here are the most pertinent responses: On the Indian FDI in ecommerce policy, the company’s CFO Brian Olsavsky said, “… There is much uncertainty as... ...
Tags: Travel, Amazon, Mobile, Ecommerce, News, Internet, India, Amazon Prime, Policy, Regulation, Earnings, Aws, Iot, Alexa, Amazon India, Brian Olsavsky

Q4FY19: PayPal adds 13.8M accounts, has 267M accounts in all

PayPal reported revenues of $4.23 billion, a 13% YoY increase, for the quarter ended December 31, 2018. Revenue was negatively affected by the sale of US consumer credit receivables portfolio to Synchrony in July 2018. PayPal saw a 17% YoY increase in active accounts, with 267 million active... ...
Tags: Travel, Mobile, News, Internet, Finance, US, Paypal, Earnings, Digital Payments, Earnings Dec-18

Q4FY19: Spotify has 96M paying users, 207M in total; India launch looming

Spotify’s MAUs grew 29% YoY to 207 million, based on growth in Latin America and other emerging regions, the company said during its Q4FY19 earnings. Users listened to over 15 billion hours of content during Q4 and its engagement across ad supported and premium users grew. It expanded to 13 more... ...
Tags: Travel, Mobile, Spotify, Music, News, Podcasts, Internet, Audio, India, Earnings, Streaming, Latin America, Earnings Dec-18

Q3FY19: Vodafone-Idea reports losses of Rs 5,005 Cr and 35M subscribers

Vodafone Idea reported consolidated operational revenues of Rs 11,747 crore in the second reported quarter after the merger of Vodafone India Ltd and Idea Cellular Services last year. The entity posted losses after tax of Rs 5,005 crore, up from loss of Rs 4,951 crore in the preceding quarter.... ...
Tags: Travel, Mobile, News, Internet, Data, Vodafone, Telecom, Earnings, 4G, Mergers & Acqusitions, Idea Cellular, Vodafone Idea, Vodafone India Ltd, Earnings Dec-18

Q3FY19: Hathway Cable reports Rs 134.85 Cr in revenues, 780K broadband subscribers

Hathway Cable reported standalone operational revenues of Rs 134.85 crore for the quarter ended December 31, 2018, this is largely stagnant year-on-year from Rs 138.65 crore in Q3FY18, and Rs 130 crore in the preceding quarter. The company also reported a 73% year-on-year fall in net profit to Rs... ...
Tags: Travel, News, Cable, Internet, Broadband, Earnings, Hathway, Hathway Cable, Hathway Broadband, Earnings Dec-18

Q3FY19: SBI’s UPI and YONO banking share up to 11% from 2% a year ago

SBI has reported a net profit of Rs 3,955 crore on the back of domestic credit growth, lower overhead expenses, amongst other reasons. Its operating profit grew by 7.40% YoY from Rs 11,755 crore in the same quarter last year to Rs 12,625 crore in Q3FY19, due to growth in net interest income and low... ...
Tags: Travel, Mobile, News, Internet, Banking, Earnings, Atms, UPI, Debit Cards, SBI, Aadhaar, Digital Payments, BHIM, BharatQR, SBI YONO, YONO

Q3FY19: ALTBalaji now has 13.1 million subscribers, 4.6 million monthly users

Balaji Telefilms’ OTT service ALTBalaji added 4.2 million subscribers for the quarter ended 31 December 2018, bringing its total subscriber count to 13.1 million subscribers (as on February 6). The streaming service reported 4.6 million monthly active users (as on February 6) as compared to 2.3... ...
Tags: Travel, Mobile, Video, News, Internet, Earnings, Streaming, Ott, Balaji Telefilms, ALTbalaji, Earnings Dec-18

Digital banking in Q3FY19: ICICI, Kotak Mahindra, Union, Canara and Yes Bank

All numbers for Q3FY19 unless stated otherwise. ICICI Bank: 23 million VPAs; digital transactions and notes ICICI Bank had 23 million VPAs on its own and partner platforms until December 21, 2018. Debit Cards: Total transaction volume: Rs 118.7 million, up from Rs 98.1 million in Q3FY18 Total... ...
Tags: Travel, Mobile, News, Internet, Banking, Earnings, Internet Banking, Credit Card, UPI, Debit Cards, Mobile Banking, Axis Bank, Union Bank of India, ICICI Bank, Aadhaar, Kotak Mahindra Bank

Twitter reports $909M in revenues in Q4FY19, MAUs fall by 9M to 321M

Twitter’s monthly active user base decreased by 9 million to 321 million in Q4FY19. Of these, 66 million were US users, while 255 million users were from other countries. MAUs also fell 5% over the preceding quarter from 326 million users. Revenues increased by 24% year-on-year to $909... ...
Tags: Travel, Mobile, Twitter, News, Internet, US, Social Media, Earnings, Fake News, Earnings Dec-18

Q3FY19: NDTV Convergence reports Rs 40 Cr in revenue, 10M views on HOP

NDTV’s digital arm Convergence reported its highest quarterly revenue up till now – over Rs 40 crore for the quarter ended 31 December 2018. Last quarter, the company had said that Convergence grew by 45% year-on-year. For the quarter ended June 30, 2018, Convergence saw 200 million unique... ...
Tags: Travel, Television, News, Media, Internet, Earnings, Broadcasting, NDTV, NDTV Convergence, Earnings Dec-18,

TV Today reports a 6.3% increase in revenues to Rs 199.4 Cr

TV Today reported standalone operational revenues of Rs 199.4 crore for the quarter ended December 31, 2018, 6.3% higher year-on-year from Rs 187.5 crore, and 22% higher from Rs 163.2 crore in the preceding quarter. The company’s net profit also shot up to Rs 39.1 crore from Rs 29.5 crore in... ...
Tags: Travel, Television, News, Earnings, Broadcasting, India Today, Aaj Tak, TV Today, TV Today Network, Earnings Dec-18

Eros Now has 13M paid subscribers in Q3FY19; now at 128M registered users

Eros Now now has 13 million paid subscribers for the quarter ended 31 December 2018, up from 10 million in the previous quarter. Paid subscribers have more than doubled from just 5 million subscribers a year ago. It also has 128 million registered users across 135 countries including in India. Eros... ...
Tags: Travel, Mobile, Video, News, Internet, India, Earnings, Streaming, Ott, Eros International, OTT Services, Eros Now, Earnings Dec-18

FY18 Revenues digest: Oyo, SoftBank and Foodpanda

Oyo has a realised value run rate of $1.8 billion with 458,000 rooms as of December 2018, the company said in a statement. It saw 4.3X growth YoY globally, and brought in an estimated global revenue of Rs 1,400 crore in FY 2018-19. Abhishek Gupta, Chief Financial Officer, OYO Hotels & Homes,... ...
Tags: Travel, Mobile, News, Internet, Softbank, Earnings, Foodpanda, Ola, Online Food Ordering, Oyo, Abhishek Gupta, Oyo SoftBank

Q3FY19: DishTV launches OTT app ‘Watcho’ and streaming SMRT Stick

DishTV has launched its own OTT app called ‘Watcho’ in beta stage. DishTV had announced this over six months ago. The app appears to run on a freemium model – there’s a bracket of free content for streaming, and another bracket which is available only to paying subscribers. A... ...
Tags: Travel, TV, Television, News, Earnings, Streaming, Ott, Broadcasting, Videocon, Dish TV, DTH, Earnings Dec-18, SMRT Stick, Watcho

Snapchat’s Android usage keeps falling but rebuild tests well

Snap has finally begun publicly testing the engineering overhaul of its slow and buggy Android app that for years has cost Snapchat users. Promising early results and reduction in app startup time could help Snapchat fix its growth problem after daily active users sank in Q2 and Q3 before staying put at 186 million in Q4, Snap announced today in its earnings report today. “We ended the year with user engagement stabilizing and have started rolling out the new version of our Android application t...
Tags: Travel, Social, TC, Mobile, Apps, Snapchat, Earnings, Evan Spiegel, Snap Inc, Snapchat earnings, Snapchat Android, Snapchat earnings q4 2018

Q3FY19: 73% of Domino’s’ orders placed online; Dunkin Donuts closes 20 restaurants in 12 months

Jubilant Foodworks, which runs Domino’s Pizza and Dunkin Donuts in India, reported 16.8% year-on-year increase in operational revenues to Rs 929 crore in the quarter ended December 31, 2018. Revenues stood at Rs 795 crore in Q3FY18. The company reported a 46% increase in profits to Rs 96.5... ...
Tags: Travel, Mobile, News, Internet, Earnings, Dominos, Dunkin Donuts, Jubilant foodworks, Pizza Delivery, Online Food Delivery, Earnings Dec-18, Dunkin Donuts in India

Snapchat shares soar as it stops losing users and shrinks losses in Q4

Snapchat isn’t growing again, but at least it didn’t hemorrhage any more users in its Q4 earnings report. The company stayed flat at 186 million daily users after falling from 191 million in Q1 to 188 million in Q2 to 186 million in Q3. It exceeded an expected quarterly count of 184.2 million user, though 186 million is still down 0.3 percent year-over-year. It reached record revenue of $390 million in the holiday quarter, up 36 percent year-over-year to beat the $378 million Wall Street estimat...
Tags: Travel, Apple, Social, TC, Facebook, Apps, Europe, Snapchat, Earnings, Evan Spiegel, Magic Leap, North America, EBITDA, Snap Inc, Snapchat earnings, Snapchat earnings q4 2018

Jagran Prakashan reports Rs 614 Cr in revenues in Q3FY19; launches IFCN certified “”

Jagran Prakashan Limited (JPL), which owns the Hindi daily newspaper Dainik Jagran, English paper Mid Day, Radio City FM and other media properties, has reported consolidated operating revenues of Rs 613.83 crores for the quarter ended 31 December 2018 (Q3FY19), up 9.9% from Rs 553 crore in the... ...
Tags: Travel, Publishing, News, Media, Internet, Newspapers, Earnings, Dainik Jagran, IFCN, Jagran Prakashan, Jagran Prakashan Limited JPL, Earnings Dec-18, Jagran, Mid Day Radio City FM

Yatra closed retail stores, reduced marketing costs by 83% to reach profitability in Q3FY19

Online travel company Yatra reported a 34.4% year-over-year fall in consolidated revenues to Rs 220.4 crore, and a 40.8% fall in profit to Rs 13.7 crore for the quarter ended December 31, 2018. However, the company’s losses from operations reduced by 48.4% in the quarter to Rs 32.5 crore, and... ...
Tags: Travel, Mobile, News, Internet, Hotels, Earnings, Yatra, Online Travel Agency, Earnings Dec-18

Alphabet revenues are up 22% but the stock is still dropping

Despite delivering a Q4 earnings beat, Google parent company Alphabet’s stock is dropping. The company reported revenue of $39.3 billion, up 22 percent year-over-year with an EPS of $12.77. Alphabet stock dropped more than 2 percent in after-hours trading. The company’s beat of analyst estimates would have been a miss if not for a $1.3 billion unrealized gain “related to a non-marketable debt security.” Alphabet didn’t details this further, but it kind of skews the earning beat based on what ...
Tags: Travel, Google, TC, Earnings, Alphabet

Naukri and 99Acres drove InfoEdge’s growth in Q3FY19

Internet company Info Edge has reported operational revenues of Rs 281 crore in the quarter ended December 31, 2018, which is an increase of 23.7% YoY from Rs 227 crore in Q3FY18. Revenues have also increased 5.8% over the preceding quarter. The company recorded net profits of Rs 74.3 crore this... ...
Tags: Travel, News, Internet, Earnings, Zomato, InfoEdge, 99acres, Jeevansathi, PolicyBazaar, Shiksha, Naukri, Info Edge, Earnings Dec-18

6 Charts on Airtel from Q3-FY19: 72% of its connections are 4G

Bharti Airtel, India’s 3rd largest mobile operator, has crossed the mark of 100 million Mobile Internet connections. At the end of the quarter ending December 2018, the company reported 107.5 million Mobile Internet connections, up 9.85 million (around 10% from 97.67 million). This is the highest... ...
Tags: Travel, Mobile, News, Internet, Telecom, Earnings, Airtel, Telecom Operators, Bharti Airtel India

Airtel has 384M mobile customers globally, India data users double to 107M in Q3FY19

Bharti Airtel Ltd reported consolidated operational revenues of Rs 20,519 crore in the quarter ended December 31, 2018, largely stagnant year-over-year. Consolidated net profit for the period was 31% lower YoY from Rs 560 crore to Rs 382 crore. The company has 384.65 million mobile customers world... ...
Tags: Travel, Mobile, News, Internet, India, Telecom, Earnings, 4G, Airtel, Bharti Airtel, Bharti Airtel Ltd, Airtel Africa, Consolidated, Earnings Dec-18

Facebook’s 1.5B daily user growth was driven by India, Indonesia, and Philippines in Q4FY19

Facebook reported a 30% year-on-year increase in revenues to $16.91 billion, of which ad revenue was $16.6 billion (or 98%), while revenue from payments and other fees was $2.7 billion for the quarter ended December 31, 2018. Mobile ad revenues accounted for 93% of ad revenues, up from 89% in... ...
Tags: Travel, Mobile, Facebook, Mark Zuckerberg, Messenger, News, Instagram, Internet, Social Media, Whatsapp, Philippines, Earnings, India Indonesia, Earnings Dec-18

Shemaroo’s digital revenues at Rs 42.6 Cr for Q3FY19

Shemaroo’s digital media revenues stood at Rs 42.6 crore for Q3FY19, up 28.7% YoY and up from Rs 33.1 crore in the same quarter last year. Revenues from traditional media stood at Rs 106.3 crore, up 6.8% YoY and from Rs 99.5 crore in the same quarter last year. Total income from operations was Rs... ...
Tags: Travel, Video, News, Media, Entertainment, Internet, Earnings, Streaming, Content, Shemaroo, Earnings Dec-18

Data biz accounted for 75% of Tata Communications’ revenue in Q3FY19

Tata Communications reported a consolidated operational revenue of Rs 4,269 crore, remaining largely stagnant over the corresponding quarter last year when it reported Rs 4,144.7 crore in revenue. The company’s profits increased almost 17x from the same quarter last year to Rs 173.8 crore... ...
Tags: Travel, Mobile, News, Internet, Data, Telecom, Earnings, Tata, Tata Communications, Earnings Dec-18

Microsoft Azure revenue growth slows in Q2

Microsoft announced its quarterly earnings today. For the most part, those earnings came in around Wall Streets expectations, without any major surprises and a total revenue of $32.5 billion. Given the company’s bets on cloud computing, what’s maybe most important, though, is that Azure recorded revenue growth of 76 percent. That’s the same growth the company booked in the last quarter and still respectable growth, but depending on your perspective, you can also read it as growth flatting out. “...
Tags: Travel, TC, Microsoft, Satya Nadella, Earnings

Info Edge profit up by 39% to Rs 74.3 Cr, 99Acres halves losses to Rs 4.5 Cr in Q3FY19

Internet company Info Edge has reported operational revenues of Rs 281 crore in the quarter ended December 31, 2018, which is an increase of 23.7% YoY from Rs 227 crore in Q3FY18. Revenues have also increased 5.8% over the preceding quarter. The company recorded net profits of Rs 74.3 crore this... ...
Tags: Travel, Mobile, News, Internet, Classifieds, Earnings, InfoEdge, 99acres, Jeevansathi, Shiksha, Naukri, Info Edge (Naukri, Earnings Dec-18

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