Mobile Streams boosted by Argentine mobile wallet launch
31st Aug 2018 10:46
(Sharecast News) - Mobile content retailer Mobile Streams saw its shares jump on Friday after the company launched a new digital wallet for its services in Argentina.
Read moreMobile Streams signs games deal with Inlogic Software
31st Jul 2018 15:02
(Sharecast News) - Mobile content retailer Mobile Streams has signed a partnership agreement with Inlogic Software, it announced on Tuesday, which includes the provision of eight titles, which will be distributed exclusively by Mobile Streams on a new flagship feature phone in India.
Read moreMobile Streams raises £2.2m to finance marketing in India
2nd Dec 2016 10:15
(ShareCast News) - Technology company Mobile Streams has raised £2.2m on an equity placing to finance marketing ambitions in India. Simon Buckingham, chief executive, said: "As a mobile technology company, it seems only fitting that 43% of subscribers on PrimaryBid did so via mobile devices.The capi
Read moreMobile Streams' shares dive as it swings to FY pre-tax loss
10th Nov 2016 10:52
(ShareCast News) - Emerging markets-focused media company Mobile Streams has reversed to a full-year pre-tax loss of £0.74m, from the prior year's profit of £0.83m, causing its shares to plunge by nearly a third. This result was led by a plunge in revenues by the AIM-quoted company to £12.8m, from £
Read moreMobile Streams gains popularity in India
6th Sep 2016 11:53
(ShareCast News) - Mobile streams, a mobile content retailer, announced that its Indian subsidiary has reached over 50,000 active subscribers. Active subscribers are those customers who have made a purchase from the company in the past 60 days. Chief Executive Simon Buckingham, said: "This is a sig
Read moreMobile Streams' shares dive on FY warning
19th May 2016 15:00
(ShareCast News) - Shares in tech stock Mobile Streams nosedived about 30% after the company warned its full-year revenues would be lower, with EBITDA and operating losses materially higher. It blamed investment in new products like ad-funded services, scaling new geographies such as India, and ongo
Read moreMobile Streams tumbles as it warns on revenues
26th Aug 2015 12:04
(ShareCast News) - Shares in Mobile Streams tumbled after the company said its revenues for the current financial year were likely to be materially lower than current market consensus while core earnings will be around break-even. The AIM-listed mobile media group said this was a result of its inves
Read moreMobile Streams rises 19%, EBITDA in line with forecasts
21st Jul 2015 09:31
(ShareCast News) - Shares in Mobile Streams jumped 19% despite posting a sharp decline in full-year revenues due to a challenging Argentinian market. The mobile media company said earnings before interest, taxes, depreciation, and amortisation will be in line with expectations. However, its revenue
Read moreMobile Streams in the dark over share price surge
17th Jun 2015 14:24
Mobile Streams noted the spike in its share price on Wednesday and said it does not know the reason for the move. "The Directors confirm that they know of no reason for the price movement," the company said. At 14:26, the shares were up a 33% at 7.47p, having hit a high of 10p earlier in the sessio
Read moreMobile Streams full-year profit hit by devaluation of peso
10th Oct 2014 08:20
Mobile Streams disappointed with its final results on Friday, which were affected by the devaluation of the Argentinian peso and weaker sales from both its mobile internet and mobile operations divisions. The mobile content distributor posted pre-tax profit of £0.2m, down from £4.8m in 2013, on reve
Read moreSector movers: Renewed AT&T bid hopes at Vodafone lift telecoms
22nd Aug 2014 15:55
Renewed hopes of a potential bid by AT&T for Vodafone were giving the mobile telecoms sector a boost on Friday. Vodafone shares were up 1.4% at 205.35p in afternoon trade on the back of hopes that AT&T, which was rumoured to be considering an offer earlier in the year for the mobile phone group, wi
Read moreMobile Streams weathering peso storm in first half
27th Mar 2014 14:41
Earnings deteriorated at Latin America-focused mobile apps store Mobile Streams in the six months to end-December due to weakness in the Argentine peso, despite growth in both revenues and cash reserves. The active subscriber base swelled by around 50% to more than 4m, which helped sales increase 1
Read moreSector movers: ARM drags tech stocks lower after royalty miss
4th Feb 2014 15:12
A negative reaction to results from ARM Holdings dragged the technology sector lower on Tuesday as weak royalty revenue growth once again disappointed investors. The chip designer beat headline forecasts with fourth-quarter revenue rising 15.3% year-on-year to $302.9m, compared with the consensus e
Read moreMobile Stream CFO makes swift exit following profit warning
4th Feb 2014 10:22
The Chief Financial Officer (CFO) of Mobile Streams, a telecommunications group, has resigned less than a week after the company issued a profit warning. Gaston Cerf resigned with immediate effect and the search for his replacement has begun, the company said. On January 29th the group issued a
Read moreMobile Streams issues profit warning, shares plunge
29th Jan 2014 08:50
Shares in Mobile Streams plunged on Wednesday after the group issued a profit warning on the back of a decline in the value of the Argentine peso. The share price lost over a third of its value after the group, which provides technology and services for the publication of content, warned the curre
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