Tag Archives: financial

Tesla Falls Short of Estimates

Tesla reported $1.6 billion in adjusted revenue and an adjusted loss of $1.06 a share Wednesday, which fell short of analysts’ estimates. On the bright side, Tesla reported operating cash flow of $150 million and said it spent $295 million on capital needs. The result was a free cash outflow of $145 million, good for the best quarterly performance in

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Astra Group Drive Down Jardine C&C’s Profit

Challenging conditions, especially in Indonesia, weighed on half-year earnings at conglomerate Jardine Cycle & Carriage. Net profit for the six months to June 30 slid 9 per cent to US$328 million (S$439 million) due largely to lower earnings in automotive group Astra’s financial services and heavy equipment and mining businesses. Revenue for the first half declined 6 per cent to

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