Technicolor: “Q1 down, but expected”

Technicolor has reported its Q1 2017 numbers. The French media and entertainment giant said that performance in the first quarter was in line with Group’s expectations and the outlook for 2017 remains unchanged.

A company commentary said: “During the first quarter, revenues were down year-over-year, as expected, due to an unfavourable comparison basis in the Connected Home and Technology segments.

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