Not exact matches
Under Previous Standards, Total
Revenues for the quarter declined (3.0) % -LRB-(6.8) % excluding the impact of FX movements) versus prior year, primarily reflecting a decrease in supply chain related revenues, partially offset by a favorable impact of FX mo
Revenues for the quarter declined (3.0) % -LRB-(6.8) % excluding the impact of FX movements) versus prior year, primarily
reflecting a
decrease in supply chain related
revenues, partially offset by a favorable impact of FX mo
revenues, partially offset by a favorable impact of FX movements.
The 2018 Outlook
reflects the effects of adopting this new accounting standard for 2018, with an expected net
decrease in 2018
revenue of approximately $ 5 million and an increase
in 2018 operating expense of approximately $ 1.0 million.
Between 2013 — 14 and 2016 — 17, other non-tax
revenues are projected to
decrease by $ 0.3 billion, largely
reflecting the one - time gain
in 2013 — 14 on the sale of the Province's interest
in 10 million shares of General Motors Company, and lower electricity sector - related
revenues, over the forecast period, including fiscally neutral power supply contract recoveries.
The
decrease in net
revenues compared with the third quarter of 2010 was due to lower incentive fees, partially offset by higher management and other fees, primarily
reflecting higher average assets under management.
This
decrease also
reflects the impact of a pretax $ 60 million service
revenue deferral related to our carrier partners
in Venezuela.
Dampening the impact of these factors were higher personal income tax
revenues, up 13.6 % (
reflecting in part the timing of receipts), and lower employment insurance benefits, down 10.7 % (
reflecting a
decrease in the number of unemployed).
Rental
revenues net of expenses were $ 12.8 million, a $ 0.7 million, or 4.9 percent,
decrease from the third quarter of 2015, primarily
reflecting the lower plus points
revenues in the quarter.
These results
reflected lower cost of vacation ownership products sold as well as improvements
in marketing and sales costs, partially offset by the
decrease in revenue from lower contract sales.
The drop
in revenue was primarily driven by a 14 %
decrease in average paying subscribers,
reflecting a year - over-year 15 % and 9 % decline
in average paying subscribers for the Christian and Jewish Networks segments, respectively.
Q1
revenue was $ 7.3 M, a YOY
decrease of 26 % driven by a
decrease in average paying subscribers,
reflecting reduced direct marketing investment
in the Jewish and Christian Networks.
A 9 %
decrease in average paying subscribers —
reflecting an 8 % and 7 % decline
in average paying subscribers for the Christian and Jewish Networks segments, respectively — is the primary reason for the overall drop
in revenue.
This
decrease primarily
reflects the impact on
revenue of the decline
in the x86 PC market, which we estimate declined approximately 9 %.