TKO Group Holdings, owner of WWE and UFC, has announced financial results for its full year ended December 31st 2024 – the company’s first full year of results since forming in September 2023. Revenue for 2024 increased 67 per cent YoY to $2.804 billion (€2.6bn). The increase reflected the increase of $1.015 billion of revenue […]
Luxembourg-based satellite operator SES says its overall revenue for the 2024 full year achieved a “solid financial performance leading to revenue at the top end of the financial outlook and exceeding SES’s objectives.” Overall revenue was at €2.001bn, down 0.9 per cent YOY. The operator’s Networks division saw revenue grow +2.9 per cent YOY with […]
Deutsche Telekom has reported revenue up 3.4 per cent in 2024 to €115.8 billion. Adjusted EBITDA AL was up 6.2 per cent to €43 billion, and service revenues grew by 3.9 per cent to €96.5 billion. The German telco reports that financial targets were achieved and, in some cases, exceeded, with further growth expected. “Another […]
Zoom Communications, the AI-first work platform for human connection, has announced financial results for the fourth quarter and fiscal year ended January 31st 2025. “In FY25, Zoom AI Companion emerged as the driving force behind our transformation into an AI-first company, enabling our customers to discover enhanced productivity opportunities. As Zoom AI Companion becomes increasingly […]
Vodafone España has reported revenues of €913 million in its third fiscal quarter of 2024 (September to December), up 1.1 per cent on the same quarter in 2023. EBITDA amounted to €320 million, up 0.6 per cent against the previous quarter, with total debt standing at €3.8 billion. In terms of customers Vodafone España ended […]
Nilesat’s total operating revenue amounted to $101.14 million at the end of December 2024, compared to $101.82 million (€97.2m) in 2023. The Cairo-based satellite operator generated net profits worth $57.68 million in 2024, up 31.83 per cent YoY from $43.754 million, according to a formal statement to the Cairo stock exchange. In the first nine […]
Viaplay, the Nordic streaming service, has reported a Q4 operating loss of SEK92 million (€8.24), an improvement on the SEK2.7 billion loss in the same period last year as the company shifts its strategy towards unscripted content and sports. Q4’s net loss also improved, down from SEK2.86 billion to SEK230 million. Viplay closed 2024 with […]
Liberty Global has reported that it “achieved all full-year guidance targets” at Telenet and Virgin Media O2 in the quarter ended December 31st 2024, while VodafoneZiggo “delivered stable revenue and met all other metrics”. The company reported consolidated earnings from continuing operations of $2.33 billion (€2.23bn) for Q4, reversing a loss of $3.36 billion in […]
Roku, the streaming specialist has reported its full year 2024 results. Total net revenue stood at $4.1 billion (€3.9bn), up 18 per cent year over year (YoY) and platform revenue was $3.5 billion, up 18 per cent YoY and up 15 per cent YoY excluding political ad spend. Gross profit was $1.8 billion, up 19 […]
Eva Berneke, CEO at Eutelsat, has unveiled the operator’s financial results. Eutelsat’s once-reliable Video division revenues fell 6.4 per cent (€309.2 million) but each of the other verticals were in solid territory. Total revenues for the First Half of FY 2024-25 stood at €606.2 million, up by 5.9 per cent on a reported basis. Revenues […]