Tags » First Quarter Results

Low oil prices drag down BP’s revenues by 80% for the first quarter of 2016

Its downstream operations have however offset its upstream losses by $747 million. It has maintained its dividend of 10 cents per ordinary share.

With British Petroleum reporting a humongous 80% drop in its oil revenues for the first quarter of this year, it has announced that it would further curtail capital expenditures. 473 more words

Strategy

Polaris Reports 2016 First Quarter Results

First Quarter 2016 Highlights:

North American retail sales increased 6% in the quarter with Indian motorcycles up over 50%.

Dealer inventory was down year-over-year.

Motorcycle sales increased 18% during the quarter. 2,524 more words

Powersports

Google is worried about finding its next Alphabet business after search

Later today, Google will release its financial numbers for the umpteenth time — but only the second time since it divvied up its reporting in two — one for the core Google business and another for its sundry, far-out “Other Bets.” 493 more words

Mobile

BRP Reports Fiscal Year 2016 First-Quarter Results

Highlights:

  • Strong revenues of $898.1 million, an 18% increase compared to the first quarter of FY2015;
  • Normalized EBITDA[1]of $91.5 million, a 62% increase compared to the same period last year;
  • 1,298 more words
Powersports