Revenue growth articles
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Convatec on track to deliver organic revenue growth
Medical products and technologies company Convatec Group has said it is on track to achieve organic revenue growth in 2024. In a trading...
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The Athletic sees subscriber and revenue growth, profitability remains elusive
The New York Times announced its financials for the first quarter of 2024 Wednesday and we heard a familiar refrain regarding The Athletic’s march towards profitability. The big news for the Times was that it added 210,000 digital-only subscribers to end Q1 2024 with an adjusted operating profit of $76.1 million. That amounted to a
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China tech giant Alibaba posts modest yearly revenue growth
Chinese ecommerce giant Alibaba announced Tuesday a modest increase in annual revenue, as the firm pursues a major overhaul and regulatory curbs on the country's tech sector are relaxed.The Hangzhou-based company is one of the biggest players in China's tech industry, with operations spanning retail, digital payment, artificial intelligence and entertainment.Alibaba posted revenue of 941.2 billion yuan ($130.4 billion) in the fiscal year ending March 31, up 8% year-on-year, a statement by the...