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News list for lufthansa suffers turbulence with €336m loss in first quarter business

News list for lufthansa suffers turbulence with €336m loss in first quarter business


/Excess seat capacity and rising fuel prices leaves German airline recording high negativeLufthansa has become the latest European airline to reveal it is suffering financial turbulence and said it would make a €336m (£290m) loss for the first quarter of 2019.The German group said a combination of excess seat capacity across the industry and rising fuel prices had impacted its earnings, turning the €52m profit it made for the same period last year into an unexpectedly high negative. Continue read...
/Ed Woodward admitted Manchester United have had a ‘turbulent season’ season on the day the club revealed positive news from their third-quarter financial results. United missed out on Champions League qualification by finishing sixth in the Premier League, though conversely, the club continues to perform well financially. Never say die! We continue fighting through the […] Ed Woodward admitted Manchester United have had a ‘turbulent season’ season on the day the club revealed p...
/Rolling coverage of the latest economic and financial news, including the latest UK unemployment reportIntroduction: Another good UK jobs report today?Economists predict unemployment rate will remain at 44-year lowComing up: German ZEW survey of confidence 8.17am BST Ouch! Shares in German airline Lufthansa are sliding, after it posted a shock loss for the last quarter. 8.07am BST If the City predictions are correct, the UK’s jobless rate will remain at its lowest level since Harold Wilson was p...The company is looking to move beyond its core IT and security market. Splunk reported a strong fiscal first quarter and raised its outlook as it continues to gain enterprise wallet share.The company reported a first quarter net loss of $155.4 million, or $1.04 a share, on revenue of $484.85 million, up 36 percent from a year ago. Splunk's non-GAAP earnings were 2 cents a share. Wall Street was looking for a first quarter non-GAAP loss of 14 cents a share on revenue of $395.4 million.In the quar...
/Zuora's shares tanked after hours on lower than expected guidance. Cloud-based subscription management company Zuora delivered better-than-expected fourth quarter financial results after the bell on Thursday, but its shares crashed on lower guidance due to a restructure of its sales strategy. The company reported a Q1 net loss of $20.59 million, or 19 cents a share. The non-GAAP net loss came to 11 cents per share on revenue of $64.1 million, up 22% year-over-year. Meanwhile, Zuora said subscrip...
/LG Electronics' home appliance and TV divisions have likely remained strong, while marketing costs for the G6 cut profits slightly.LG Electronics expects an operating profit of 664 billion won and revenue of 14.55 trillion won for the second quarter of the year, the company has revealed in its Q2 earnings guidance.Operating profit and revenue for the quarter rose 13.6 percent and 3.9 percent respectively from a year ago. Compared to the previous quarter, the results mark a drop of 27.9 percent a...The company's first quarter results highlight data center growth outside of China. Lenovo's PC and mobile units struggled.Lenovo's revamp of its data center product line and sales and marketing efforts appear to be gaining traction even as the company's grip on the PC market slips and mobile reports operating losses. In the company's first quarter earnings results, Lenovo said its data center unit showed revenue growth of 11 percent in Western Europe and 8 percent in North America. Lenovo's data...
/Square's Q1 revenue was $462 million, up 22 percent over the same quarter last year.Square handily topped first quarter earnings and revenue targets after the bell Wednesday.The mobile payments and small business service provider reported a Q1 net loss of $15 million, or four cents a share, compared to a net loss of $82 million, or 29 cents a share, the year prior.what's hot on zdnetSquare's Non-GAAP earnings are finally in the black at 5 cents a share on revenue of $462 million, up 22 percent o...
/Twilio's share price was up more than two percent in after hours trading. Cloud-based communications provider Twilio reported better-than-expected first quarter financial results on Tuesday. what's hot on zdnetThe San Francisco-based company delivered a Q1 net loss of $24.3 million, or 25 cents per share.Twilio's non-GAAP earnings clocked in at a loss of four cents a share on revenue of $129.1 million, up 49 percent year over year. Wall Street was expecting a loss of seven cents a share on reven...
/Britain’s largest carmaker hit by weak Chinese market and falling diesel salesJaguar Land Rover suffered the largest loss in its history last year, sinking £3.6bn into the red as it wrestled with a weak Chinese market, falling diesel sales and a one-off downward revision to the value of its business.Britain’s largest carmaker, owned by India’s Tata Motors, pointed to a return to profitability in the fourth quarter of the year, when it recorded a £120m pretax profit. Continue reading... Jaguar La...Fitbit is also seeing strong demand for its devices. The hardware is seen as a customer acquisition avenue for a broader software and services strategy. There's value in the data collected from Apple and Fitbit watchesZDNet's Larry Dignan talks with TechRepublic's Karen Roby about how the health care sector will be impacted by the large amounts of data that both Apple and Fitbit will be collecting in 2019. Read more: https://zd.net/2TwQEQ7Fitbit's enterprise health business delivered first quart...
/Cornerstone OnDemand and Etsy also reported results that beat market estimates. New Relic led the tech earnings parade on Tuesday, publishing solid fourth quarter financial results that satisfied targets for both earnings and revenue.what's hot on zdnetThe software analytics company posted a net loss of $7.5 million, or 13 cents per share.On a non-GAAP basis, the net income was nine cents per share on revenue of $98.4 million, up 34 percent year-over-year.Wall Street was expecting earnings of fi...
/Cloudera touts its momentum in the enterprise machine learning and analytics market.Okta reported its second quarter financial results, beating market expectations in its second quarter as a public company. The identity and device management firm posted a non-GAAP net loss of $15 million, or 16 cents per share, on revenue of $61 million.Wall Street was expecting a net loss of 26 cents a share on revenue of $55.9 million. Subscription revenue came to $56.1 million, a nearly 68 percent year-over-y...
/Manchester United may have been defeated in their quarter-final first-leg clash with Barcelona, but former player Owen Hargreaves believes positives should be taken from the Old Trafford loss. Do you want to automatically post your MailOnline comments to your Facebook Timeline?Your comment will be posted to MailOnline as usual We will automatically post your comment and a link to the news story to your Facebook timeline at the same time it is posted on MailOnline. To do this we will link your Ma...AT&T’s pay-television business lost more than 650,000 customers, as cord-cutting continued to take its toll, but the media business and surging profits in wireless helped the bottom line. AT&T Inc.’s pay-television business lost more than 650,000 customers in the fourth quarter, as cord-cutting continued to take its toll, but the media business—now called WarnerMedia—and surging profits in its wireless business helped the bottom line.The company reported a net loss of 403,000 DirecTV satell...

News list for lufthansa suffers turbulence with €336m loss in first quarter business