With consumer anticipation building for the launches of BioShock Infinite and Grand Theft Auto V, we are well positioned for a solid finish to fiscal year 2013 and substantial revenue and earnings growth in fiscal year 2014.
The company said the moves will trim revenue growth in the November 2012 fiscal year by 4-5 percentage points, resulting in annual revenue growth in 2012 of 4%-6%.
Costco continued its revenue growth in Q2 fiscal 2013 driven by higher membership fee, new membership signups and food price inflation.
We expect sequential revenue growth in the fiscal second quarter, and we anticipate that our operating results for the second half of fiscal 2012 will be stronger than the first half.
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As expected, the performance paid off, and Disney stated that the channel was the prime driver of cable networks revenue growth in Q3 fiscal 2012, due to a contractual increase in subscription fees.
The momentum we carried through the first half of fiscal 2013 should provide a strong foundation for continued revenue and earnings growth as we move into the second half of the fiscal year.
The third quarter of 2011 marks the seventh consecutive quarter of revenue increases, according to Rockefeller Institute (in the fiscal year through June 2011, states posted their strongest revenue growth figures since 2005), though local government tax revenues are weak due to heavy dependence on property taxes.
We look forward to a return to year-over-year revenue growth in the third fiscal quarter.
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The company noted that the momentum of ad revenue growth has continued into fiscal Q2 as well.
Moreover, with Grand Theft Auto Vslated for spring 2013, we are poised to generate substantial revenue and earnings growth in fiscal year 2014.
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Now, productivity growth without job creation and more fiscal revenue is unprecedented in economic history.
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As a result, we are revising our guidance with respect to revenue growth for the fourth quarter and fiscal 2012.
As a result, we continue to expect to deliver revenue growth and Non-GAAP profits in fiscal year 2013.
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Revenue dropped year-over-year in the fourth quarter of the last fiscal year, breaking the three-quarter streak of revenue growth.
The revenue growth in the fourth quarter of the last fiscal year snapped the three-quarter streak of year-over-year revenue decreases.
In Q3 fiscal 2013, Wal-Mart reported 7.6% revenue growth from its international business as it gained retail market share in various international markets.
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Visa anticipates revenue growth staying in the low double digits for fiscal 2013, with a 60% operating margin and earnings per share growth in the high teens.
Both the government and the European Commission have acknowledged the risks of depending on increased tax revenue, which is more growth sensitive, to meet fiscal targets and contingency spending cuts amounting to 0.5 per cent of national output have prepared in case of another tax shortfall.
From fiscal 2005 through fiscal 2009, WYNN more than quadrupled revenue, and we believe double digit growth over the next two years is certainly not out of the question.
As a result, we expect revenue in fiscal 2013 to grow by 25% fueled by strong customer growth across all geographies, notably the SMB and global account market segments.
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These factors had helped the retailer in registering an average revenue growth of about 7% for the first three quarters of fiscal 2012.
The largest growth was in the third quarter of the last fiscal year, when revenue climbed 6% year-over-year.
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The largest growth was in the third quarter of the last fiscal year, when revenue climbed 3.7% year-over-year.
The largest growth was in the fourth quarter of the last fiscal year, when revenue climbed 2.3% year-over-year.
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The largest growth was in the first quarter of the last fiscal year, when revenue climbed 7.3% year-over-year.
The largest growth was in the third quarter of the last fiscal year, when revenue climbed 23.5% year-over-year.
The largest growth was in the fourth quarter of the last fiscal year, when revenue climbed 44.3% year-over-year.
In its last earnings announcement, Cisco forecast revenue growth of between 7.5% and 9.5% for its fiscal second quarter.
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