Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
This program is addition to existing approvals for the repurchase of up to $200 million of stock whether on the open market or privately negotiated.
The company's first quarter results for fiscal 2008 showed revenue of $US689.2 million, up 11 percent on the year-ago quarter, but down 14 sequentially. Earnings per share were $US0.09, compared with $US0.14 in the year-ago quarter.
"We are clearly disappointed with our revenue growth this quarter, yet confident about our underlying business strength and continued health," said CEO Dan Warmenhoven. "Our bookings growth and cash flow are both very encouraging, and we are optimistic about getting back on track for higher growth in revenue and profits going forward."
For the second quarter, the company predicts year-on-year revenue growth of 15 to 18 percent, and sequential growth of 9 to 11 percent.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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