Sentences with phrase «revenue dropped by»

Specifically, digital download revenue dropped by 25 percent to $ 1.3 billion during 2017 whereas physical media revenue only dropped by four percent to $ 1.5 billion.
The company's revenue dropped by 10.3 percent to $ 2 billion in the quarter.
The retail division's revenue dropped by nearly 10 % year - over-year to $ 1 billion for the quarter while Nook revenue declined more than 20 % to $ 153 million — though adjusted losses for the division were essentially the same as last year.
By August, the number of page views driven to Restoration's website fell to 158 and his revenue dropped by 25 percent.
Film revenue dropped by roughly $ 161 million in fiscal 2010.
That would include the opening of a similar «full - service» casino within a 65 - mile radius of Aqueduct or if Resorts World's gambling revenue drops by 10 percent or more.
While Reading's student population had increased by 38 percent since 1990, its local property revenues dropped by 36 percent in just three years.
Between 2008 - 10, state revenues dropped by about $ 1.8 billion, said Mitchell.
I wish the decline were only 15 % — our ebook revenues dropped by more than 60 % once the self - publishing industry took off.
XOM's Q3 results saw revenue drop by more than 35 % and earnings fall nearly 50 % compared to 3Q14, driven by weak upstream results (upstream earnings fell 79 %).

Not exact matches

Revenue from its broadcasting unit dropped significantly, but that was mostly because the network had the Super Bowl last year, and so most of its broadcasting numbers looked worse by comparison.
All the Internet did was accelerate and enlarge that drop, by siphoning away the attention of newspaper readers, and then the advertising revenue they depended on for their livelihood.
In 2015, revenue for the 500 largest global corporations dropped 11.5 % to $ 27.6 trillion, owing to falling oil prices and in part by the surge in value of the U.S. dollar, which has stalled economic growth worldwide.
Subscription revenue at Time Inc. also fell by more than 14.5 % in the most recent quarter, and overall revenues dropped 3 %.
At the same time, iPad sales dropped again in the second quarter, falling by almost 23 % to 12.6 million units sold, which brought in $ 5.4 billion in revenue.
That was partly offset by a 1.1 per cent decline in Videotron's cable revenue and a 7.6 per cent drop in home - phone revenue, he wrote.
The decline was less steep than the drop in revenues recorded by its peers.
Still, there was no shortage of critics, and in addition to being the butt of more late - night jokes, this time by Conan O'Brien, holiday revenue dropped 54 % from the previous year, from $ 185 million to $ 85 million.
The state has since been bumped from the list by the Dominican Republic and Portugal, but still grapples with double - digit unemployment, the after - effects of the housing bubble and a US$ 1.3 - billion drop in income tax revenue in the first four months of this year.
For example, Twitter's revenues fell on a year - over-year basis for the first time, dropping by 8 % to $ 548 million.
Revenue in the group's Singapore operations dropped by 16 per cent to $ 24.2 million due to a disrupted capital expansion exercise.
Since 2012, capex has declined by $ 4 billion to $ 3.4 billion from $ 3.8 billion, dropping from 5.4 % to 5.2 % of revenues.
On Thursday, AB InBev reported that Budweiser revenue dropped 2.2 % globally in the third quarter, dragged down by poor sales in the US.
The median revenue of the businesses sold dropped by six percent, going from $ 361,274 last year to $ 340,000 this year.
Since then, however, the renamed Energy Future Holdings has piled up $ 18 billion in losses, while revenue has dropped by nearly half.
The drop was sparked by Tuesday night's second - quarter report, which beat Wall Street's earnings targets (as usual) but also delivered a rare miss against top - line revenue estimates.
In the first half of 2012, U.S. newspapers were gaining just $ 1 in new digital ad revenue for every $ 25 in print ads they were losing, according to the Newspaper Association of America, a drop - off even more severe than the one predicted by Godfrey.
According to a recent Morgan Stanley Research report, U.S. commercial real - estate pricing in 2017 could drop by as much as 10 %, year over year, amid slowing revenue growth, rising interest rates and tightening lending conditions.
Revenue, however, dropped by $ 50 million, while net profit remained flat at $ 30 million.
A 14 % drop in revenue, with no change in margins or invested capital, would give AXP a 17 % ROIC and increase its market value by ~ $ 18 billion, for an implied share price of $ 78.
See Appendix 5 for details on how CL grew invested capital while revenue dropped and lowered invested capital turns from 1.32 x to 1.27 x. Appendix 7 (in the ROIC section) shows how the company's increase in NOPAT margin outweighed the decrease in invested capital turns to result in an increase in ROIC (from 20.1 % % to 21.2 %) and Economic Earnings, which rose by $ 229 mm.
Despite increased like - for - like revenue, the UK holiday group's shares dropped by almost a fifth as it reported half - year results.
But, as seen in the Figure above, because income taxes have been cut, the province's reliance on income tax revenues have dropped by one third over the last decade, so much so that income taxes now raise about the same amount as sales taxes.
Since the same quarter one year prior, revenues slightly dropped by 8.3 %.
With revenues driven by memberships, drop shipping and affiliate sales, this site offers everything a visitor needs to get educated, stocked and prepared for unforeseen events.
Investors have been disappointed by the revenue drop stemming from less trading activity in the OTC retail segment, as last year's market volatility was hardly noticeable.
Casino giant Crown Resorts has reported a 9.1 per cent fall in «normalised» net profit to $ 191.3 million, pulled down by a 45.3 per cent drop in Australian VIP revenue following the arrest of 18 Crown staff by Chinese officials late last year.
Overall revenue rose just 7 % as spiking demand in international markets, from which it gets a relative small portion of sales, was offset by a 1 % drop domestically.
The new contracts will come when oil is roughly half that price, a drop in value that could reduce pipeline operating revenue by millions of dollars a day and ruin the pipeline's business strategy.
A few years ago we were working with an organization that was perplexed by a drop in revenues from a specific segment of their customer base.
Most of the drop in share prices is due to weaker outlooks on profit and missed revenue targets by large corporations.
The coal producer said that net income was higher by nearly a sixth from year - ago levels, but adjusted pre-tax operating earnings dropped by double - digit percentages, and overall revenue was down 4 % compared to the first quarter of 2017.
For Premier Investments, which now generates about 20 per cent of revenues in the UK through Smiggle, Citigroup estimates that the 10 per cent drop in the pound, if maintained, could reduce earnings per share by 1.3 per cent and dampen Smiggle's growth prospects.
Subdued dairy prices have been blamed for a 13 per cent drop in revenue generated for the Waikato regional economy by this year's Fieldays at Mystery Creek.
The tax rate increase request is in response to the drop in property - tax revenues caused by the state tax cap, she said.
Finally, the report noted that state and local revenue gains from federal tax reform will be further offset by higher costs for state and local borrowing, resulting from tax reform, and greater demand for public services as charitable donations drop and federal budget cuts continue.
GHANA is set to lose a whopping $ 13billion in oil revenues if the price of the commodity drops and remains below $ 50 for the next two decades, a report by the World Bank Group has revealed.
That's in part due to Lhota's Subway Action Plan, which will cost about $ 320 million annually, when fare and toll revenue is expected to drop by $ 281 million.
Noted that state revenues are set to drop in coming years — with budget gaps projected to climb to $ 3.6 billion by 2020.
In Western New York, private institution enrollment could drop by 2,749 students, resulting in 1,377 job losses and $ 3.8 million in lost tax revenue.
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