Today’s been a busy day for tech financial results; CBR has rounded up some of the highlights from international players.
1. Alcatel-Lucent
Alcatel-Lucent, reporting its second quarter results, saw its revenues up to €3.45 billion, representing a 5 percent change year-on-year. At constant currencies, revenues fell 9 percent.
Overall, gross profit rose 12.5 percent from €1.068 billion to €1.202 billion; this figure now constitutes 34.8 percent of revenue compared to 32.6 percent.
Michel Combes, CEO of Alcatel-Lucent, said: "Our second quarter 2015 results represent a significant milestone for Alcatel-Lucent, reflecting the first Q2 of free cash flow generation since the merger of Alcatel and Lucent in 2006."
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2. Telefónica
Reporting its Q2 and H1 results, Telefónica announced revenues of €11,876, a reported improvement of 12.4 percent for the quarter. For the half year, the telecoms provider announced revenues of €23.419 billion.
The Spanish telecoms giant also saw its profit rise to €3.693 billion. Telefónica upped its revenue growth guidance for the full year to >9.5 percent from >7 percent.
César Alierta, Telefonica CEO underlined "the strong recovery in the Spanish business which in May and June reached revenue stabilisation for the first time since December 2009".
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3. Nokia
Nokia saw all of its businesses reporting revenue growth, with Networks up 6 percent, Here up 25 percent and Technologies up 31 percent. In total the company reported sales of €3.209 billion, a 9 percent year-on-year change.
Operating profit rose 51 percent to €521 million, with Nokia Networks growing 11 percent to €313 million.
"I am particularly pleased by Nokia Networks, which delivered improved performance overall, despite a year-on-year decline in net sales on a constant currency basis," said Nokia CEO, Rajeev Suri.
4. Sony
Sony, announcing its Q1 results for the April-June period, reported revenues of $14.82 billion, a 0.1 percent decline in yen terms.
Operating profit rose 39 percent to $780.8 million, while operating income reached $90 million.
Sales in the mobile division decreased 16.3 percent year-on-year to $2.299 billion, while televisions business fell 17.6 percent year-on-year to $1.385 billion. However, sales in the electronics and components market rose 35.1 percent year-on-year to $1.95 billion due to demand for image sensors.