Page 30 - Operating Loss News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Reuters) -France's Atos on Friday reported a wider half-year operating loss due to restructuring costs related to its planned split, sending its shares plunging as much as 20%. The struggling tech group is in the process of splitting into two separately listed companies, consisting of its cybersecurity and digital transformation unit Eviden and loss-making legacy services branch Tech Foundations. Atos reported first-half operating loss of 434 million euros ($475.6 million), against a loss of 298 million last year, citing a 430 million euro write-down from the reorganisation.

Revenue decreased 1% year over year to $454 million in the second quarter. Operating Margin and Adjusted Operating Margin both improved meaningfully versus the first quarter of 2023. Diluted...

Mobileye, which counts BMW, Nissan and Volkswagen among its customers, benefited from strong demand for its technology in North America and Europe, which helped offset weakness in China. Mobileye now expects an annual operating loss in the range of $98 million to $129 million, compared with its previous forecast of a loss of $166 million to $195 million. The company said in May that Porsche and Volkswagen Commercial Vehicles would partner with Mobileye to incorporate its automated driving software in future models.

Growth in TTM ARR Accelerates to 19% and Operating Loss DeclinesOTTAWA, July 26, 2023 -- ProntoForms Corporation , the global leader in field intelligence, announced today its second quarter ...

Spotify Technology SA (NYSE: SPOT) stock traded lower after it reported second-quarter FY23 revenue growth of 11% year-on-year to €3.18 billion ($3.46 billion), missing the consensus of $3.57 billion. Premium Revenue grew 11% Y/Y to €2.77 billion, helped by subscriber additions.