REDWOOD CITY, Calif.—Shares of Electronic Arts Inc. jumped after the game-making behemoth reported increased mobile sales and surprisingly good overall quarterly revenues. The company rang up $35 million in mobile …
Quarterly Earnings
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SAN DIEGO—Qualcomm Inc. reported increases in both revenues and earnings for its fourth quarter and full year, but the company warned that it is “not optimistic” that its licensing negotiations …
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EMERYVILLE, Calif.—MobiTV Inc. padded its already-thick wallet, raking in $30 million in a third round of funding and adding two new investors. Adobe Systems Inc. and Hearst Corp. became backers …
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BELLEVUE, Wash.—InfoSpace Inc. reported a net loss for the third quarter and announced plans to halt investment in its direct-to-consumer content business, including its recently launched Moviso storefront. Instead, executives …
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MOUNTAIN VIEW, Calif.—Mobile advertising company Rhythm NewMedia said it raised $18 million in its second round of financing. Carlyle Venture Partners led the round. As part of the financing, Allan …
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IRVINE, Calif.—Mobile search content provider go2 reported a “strategic alliance” with Internet publishing and marketing company Geosign Corp. that includes a $13 million investment by Geosign in go2. Beyond the …
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MEXICO CITY-Prepaid wireless provider TracFone Wireless Inc. reported soaring third-quarter revenues of $330 million, a 36-percent increase over its year-ago figure of $243 million. The Miami-based prepaid carrier’s subscriber base …
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NEW YORK—Mobile content retailer Thumbplay Inc. added to its bank account with a new funding round and line of credit. The distributor of ringtones and other content hauled in $10 …
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VANCOUVER—Wireless modem maker Sierra Wireless Inc. reported a profit for the third quarter. The company’s net income was $1.1 million, a reversal of a net loss of $3.1 million reported …
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REDWOOD CITY, Calif.—Openwave Systems Inc. said it expects a year-over-year revenue decline, news that sent the company’s stock down more than 10 percent to $8.58 per share. The company said …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …
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MEXICO CITY—Prepaid wireless provider TracFone Wireless Inc. reported soaring third quarter revenues of $330 million, a 36 percent increase over its year-ago figure of $243 million. The Miami-based prepaid carrier’s …
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HOUSTON—Crown Castle International Corp. said its net loss narrowed during the third quarter as revenues increased. Site rental revenues increased 17.1 percent to $179 million from $152.8 million for the …
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WESTCHESTER, Ill.—Andrew Corp.’s fourth-quarter results revealed the financial burden the company absorbed in part due to its now-abandoned merger proposed earlier this year by rival ADC Telecommunications Inc. Andrew reported …
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SAN DIEGO—Novatel Wireless Inc. reported a net loss for the third quarter despite increased revenues. Revenues for the quarter increased 32 percent to $55.6 million from revenues of $42.1 million …
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DALLAS—It’s all about the outlook, even for companies performing well. Texas Instruments Inc. was reminded of this Wall Street maxim as it reported an 11-percent rise in third-quarter net income …
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PARIS—Alcatel Inc.’s third-quarter net profits tumbled 42 percent as sales of wireless network infrastructure stalled during the quarter, leaving the company with net income of just $194 million after bringing …
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BOSTON—American Tower Corp. confirmed it will restate financial results from 2005 through the first quarter of this year after finding discrepancies in “measurement dates” of certain stock-option grants. AMT said …
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L.M. Ericsson, the world’s largest equipment supplier, posted a 17-percent increase in year-over-year third-quarter net profits thanks to its wildly successful handset joint venture, Sony Ericsson Mobile Communications L.P. The …
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MOUNTAIN VIEW, Calif.—Wireless content and technology vendor VeriSign Inc. reported revenues for the third quarter that were virtually identical to its results from the same quarter a year ago, but …
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The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …
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ESPOO, Finland—Nokia Corp. reported a mixed bag of third-quarter results that may reflect the “re-grouping” nature of the traditionally slow quarter as the business gears toward the lucrative final quarter …
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CARY, N.C.—TowerCo L.L.C. announced that its credit facility from CapitalSource has been raised from $35 million to $75 million. The two-year-old tower company said it will use the funds to …
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SCHAUMBURG, Ill.—After eye-opening, second-quarter results that seemed to tilt the handset game table in its favor, Motorola Inc. announced third-quarter revenue and earnings that fell short of guidance and analysts’ …
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LOUISVILLE, Ky.—US Wireless Online, a wireless Internet broadband network operator, said it plans to sell a majority equity interest in the company to IElement Corp. under a nonbinding letter of …