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Yellow Pages Ltd (Y.TO)

Y.TO on Toronto Stock Exchange

8.35CAD
22 Jun 2018
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Latest Key Developments (Source: Significant Developments)

Yellow Pages Says Reducing Number Of Board Members To 7
Thursday, 5 Apr 2018 07:37am EDT 

April 5 (Reuters) - Yellow Pages Ltd ::YELLOW PAGES LIMITED ANNOUNCES STREAMLINING OF ITS BOARD OF DIRECTORS.YELLOW PAGES SAYS REDUCING NUMBER OF BOARD MEMBERS FROM 12 TO 7.  Full Article

Yellow Pages Qtrly Loss Per Share ‍$22.33​
Thursday, 8 Feb 2018 08:06am EST 

Feb 8 (Reuters) - Yellow Pages Ltd ::YELLOW PAGES LIMITED REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL AND OPERATING RESULTS.Q4 REVENUE FELL 9.4 PERCENT TO C$183.8 MILLION.QTRLY LOSS PER SHARE ‍$22.33​.‍DURING Q4, RECORDED A WRITE-DOWN OF $500 MILLION, WHICH WAS APPLIED TO CERTAIN INTANGIBLE ASSETS AND GOODWILL​.‍DURING Q4 OF 2017, ALSO WROTE DOWN $7 MILLION OF ASSETS THAT WERE DECOMMISSIONED, NAMELY SOFTWARE​.‍ IN Q4 OF 2017, CUSTOMER COUNT DECREASED 5.2% YEAR-OVER-YEAR​.‍IN Q4 OF 2017, TOTAL DIGITAL VISITS TO YELLOW PAGES NETWORK OF PROPERTIES GREW 10% YEAR-OVER-YEAR TO 164 MILLION​.  Full Article

Yellow Pages Announces Actions To Reduce Spending And Cost Structure
Tuesday, 16 Jan 2018 07:15am EST 

Jan 16 (Reuters) - Yellow Pages Ltd ::YELLOW PAGES LIMITED ANNOUNCES ACTIONS TO REDUCE SPENDING AND COST STRUCTURE.YELLOW PAGES LTD - WILL TAKE MEASURES TO REDUCE ITS WORKFORCE BY APPROXIMATELY 500 POSITIONS.YELLOW PAGES - EXPECTS TO INCUR RESTRUCTURING CHARGE OF ROUGHLY $17 MILLION ASSOCIATED WITH RESTRUCTURING IN Q1 OF FISCAL 2018.YELLOW PAGES LTD - WORKFORCE REDUCTION OF ABOUT 18% OF ITS EMPLOYEES, WITH REDUCTIONS OCCURRING ACROSS CANADA AND IN ALL FUNCTIONS OF BUSINESS.  Full Article

Yellow Pages says qtrly loss per share $0.17‍​
Tuesday, 7 Nov 2017 07:15am EST 

Nov 7 (Reuters) - Yellow Pages Ltd -:Yellow Pages Limited reports third quarter 2017 financial and operating results.Q3 revenue fell 9.8 percent to C$181.4 million.Yellow Pages Ltd sees ‍ 2017 capital expenditures, net of related lease incentives, of less than $65 million​.Qtrly loss per share $0.17‍​.Yellow Pages Ltd - ‍expects full year 2017 revenue to be between $750 million and $760 million​.Yellow Pages Ltd sees ‍2017 adjusted EBITDA between $170 million and $180 million ; free cash flow between $50 million and $55 million​.Yellow Pages Ltd - ‍ expects to meet its 2017 guidance targets communicated on August 10, 2017 for adjusted EBITDA, free cash flow and customer count​.Yellow Pages-due to "weaker than expected performance" in agency, YP segments in quarter, co no longer expects to report digital revenue growth this year​.  Full Article

Yellow Pages announces pricing of $315 mln of senior secured notes
Thursday, 12 Oct 2017 04:32pm EDT 

Oct 12 (Reuters) - Yellow Pages Ltd :Yellow Pages Limited announces pricing of $315 million of senior secured notes.Yellow Pages Ltd - ‍ issuer to issue $315 million in amount of 10.00% senior secured notes due Nov 1, 2022 at $980 per $1,000 principal amount of notes​.Yellow Pages-interest on senior secured notes payable in equal semi-annual instalments in arrears on May 1 & Nov 1 of each year commencing May 1, 2018​.  Full Article

Yellow Pages provides outlook for fiscal year 2017
Tuesday, 10 Oct 2017 08:21am EDT 

Oct 10 (Reuters) - Yellow Pages Ltd :Yellow Pages Limited announces proposed refinancing transaction and provides update on financial outlook for 2017 fiscal year.Yellow Pages Ltd - ‍full year 2017 total revenues are expected to be slightly below range of $770 million to $780 million that was previously disclosed​.Yellow Pages Ltd - ‍revised FY revenue expectation is a result of lower than expected digital revenues in agency and YP segments​.Yellow Pages Ltd - ‍net proceeds from sale of notes to refinance its existing 9.25 pct senior secured notes due November 30, 2018​.Yellow Pages - FY adjusted EBITDA and free cash flow are still expected to be within guidance ranges provided on August 10​.FY2017 revenue view C$757.5 million -- Thomson Reuters I/B/E/S.  Full Article

Yellow Pages Limited appoints David A. Eckert as president and CEO
Friday, 15 Sep 2017 07:01am EDT 

Sept 15 (Reuters) - Yellow Pages Ltd ::Yellow Pages Limited appoints David A. Eckert as president and CEO.Yellow Pages Ltd - ‍Ken Taylor, interim president and CEO, will continue as senior vice-president, chief financial officer​.Yellow Pages Ltd - ‍Eckert will remain on board of Yellow Pages Limited​.  Full Article

Yellow Pages reports Q2 earnings per share ‍$0.03
Thursday, 10 Aug 2017 07:15am EDT 

Aug 10 (Reuters) - Yellow Pages Ltd :Yellow Pages Limited reports second quarter 2017 financial and operating results.Qtrly earnings per share ‍$0.03​.Q2 revenue fell 9.2 percent to C$191.2 million.Yellow Pages Ltd - Expects to meet its 2017 guidance targets communicated on May 10, 2017 for total revenue, adjusted EBITDA and free cash flow.Yellow Pages Ltd - Company has lowered its 2017 expectations for customer count and digital revenue growth..Sees FY 2017 revenue C$770 million to C$780 million.Yellow Pages Ltd sees ‍ 2017 capital expenditures, net of related lease incentives, of less than $65 million​.Qtrly ‍customer count 236,500 versus 244,000​.Yellow Pages Ltd sees ‍ 2017 customer count of approximately 230,000​.Qtrly ‍digital revenues decreased 2.9% year-over-year to $138.3 million; digital revenues now account for 72% of total revenues​.Yellow Pages Ltd - ‍Yellow Pages expects to begin piloting elements of initiatives, including evergreen contracts, in second half of 2017​.Yellow Pages Ltd - Company remains on track to complete implementation of initiatives in 2018​.Yellow Pages Ltd - All figures in Canadian dollars.  Full Article

Yellow Pages Ltd reports Q1 basic earnings per share $0.02
Wednesday, 10 May 2017 07:00am EDT 

May 10 (Reuters) - Yellow Pages Ltd :Yellow Pages Limited reports first quarter 2017 financial results and provides updated corporate strategy.Qtrly basic earnings per share $0.02.Sees FY total revenues between $770 million and $785 million.Sees FY capital expenditures, net of related lease incentives, of approximately $65 million..Qtrly digital revenues grew 2.4% year-over-year to $134.8 million.Revenues for quarter ended march 31, 2017 decreased 6.9% year-over-year to $189.5 million.Q1 revenue view C$196.1 million -- Thomson Reuters I/B/E/S.FY2017 revenue view C$781.2 million -- Thomson Reuters I/B/E/S.  Full Article

Yellow Pages provides financial outlook for 2017
Tuesday, 21 Feb 2017 07:00am EST 

Yellow Pages Ltd : Yellow pages provides financial outlook for 2017 fiscal year . Sees 2017 digital revenue growth between 4 pct to 7 pct . Sees 2017 adjusted ebitda margin of 22 pct to 24 pct . Sees 2017 capital expenditures, net of related lease incentives, of $70 million . Yellow Pages-sees stabilization of customer base, driven by customer retention initiatives with a customer acquisition target of 45,000 customers in 2017 .Yellow Pages Ltd - company expects stabilization of adjusted ebitda in short to mid-term, post-2017.  Full Article