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Amazon Reports 23% Sales Increase, $126 Million Loss

Amazon Reports 23% Sales Increase, $126 Million Loss

By Chris Crum July 24, 2014

Amazon just released its earnings report for the second quarter. Net sales were up 23% year over year at $19.34 billion, which is in tune with analysts’ expectations, though earnings per share were – $0.27, which is a greater loss …

Microsoft Earnings Released, Revenue $23.38 Billion Microsoft Earnings Released, Revenue $23.38 Billion

Microsoft just released its earnings report for FY14 Q4 with revenue of $23.38 billion, gross margin of $15.79 billion, operating income of $6.48 billion, and diluted EPS of $0.55 per share. CEO Satya Nadella said, “We are galvanized around our …

Alibaba IPO Expected After Labor Day Alibaba IPO Expected After Labor Day

Back in May, Chinese ecommerce giant Alibaba filed for tis IPO, which is to be the biggest ever for a tech company. The IPO had been expected to take place in August, but The New York Times is now reporting, …

eBay Earnings Released, Revenue Up 13% eBay Earnings Released, Revenue Up 13%

eBay just released its earnings report for the second quarter with revenue growth of 13%, commerce volume growth of 26%, GAAP and non-GAAP EPS growth of 9%, and the announcement that it has repurchased $1.7 billion in stock. Revenue was …

Yahoo Earnings Released, Revenue $1.04 Billion Yahoo Earnings Released, Revenue $1.04 Billion

Yahoo just released its earnings report for the second quarter, missing Wall Street estimates with revenue of $1.04 billion. CEO Marissa Mayer didn’t sugar coat it. “Our top priority is revenue growth and by that measure, we are not satisfied …

Google Capital Invests In Sixth Company Google Capital Invests In Sixth Company

Cloud-based customer support software maker Freshdesk announced today that it has secured a new $31 million round of funding led by Tiger Global, with backing from Accel Partners and Google Capital. That would make Freskdesk the sixth company to get …

Rite Aid Stock Down on Poor Earnings Update Rite Aid Stock Down on Poor Earnings Update

Stock in Rite Aid Corporation is tumbling today following a dismal earnings update by the company. On Thursday Rite Aid released sales results for May and updated its quarterly and yearly earnings estimates, previewing a year of worse-than-expected earnings. Rite …

Credit Suisse Pleads Guilty to U.S. Tax Evasion Credit Suisse Pleads Guilty to U.S. Tax Evasion

Swiss banking firm Credit Suisse this week pleaded guilty to U.S. tax evasion charges. According to the U.S. Department of Justice, Credit Suisse is the largest bank to plead guilty to such charges in over two decades. The case surrounds …

Groupon Earnings Released: 'We Had A Record Quarter' Groupon Earnings Released: 'We Had A Record Quarter'

Groupon just released its earnings report for the first quarter with gross billings of $1.82 billion and revenue of $757.6 million. Gross billings (the total dollar value of customer purchases of goods and services, excluding applicable taxes and net of …

LinkedIn Earnings Released, Revenue Up 46% LinkedIn Earnings Released, Revenue Up 46%

LinkedIn just released its earnings report for the first quarter with revenue of $473.2 million, up 46% year-over-year. The company managed to beat analysts’ expectations. The company reminds us that it has over 300 million members, which it announced a …

Yelp Earnings Released, Revenue Up 65% YoY Yelp Earnings Released, Revenue Up 65% YoY

Yelp just released its earnings report for the first quarter with revenue at $76.4 billion, up 66% from the same period last year. Cumulative reviews grew by 46% year-over-year, reaching about 57 million, with active business accounts growing 65% to …

eBay Earnings Released, Revenue Up 14% eBay Earnings Released, Revenue Up 14%

eBay just released its earnings report for the first quarter with revenue up 14% year-over-year. Non-GAAP earnings grew 11%. CEO John Donahoe said, “We delivered a strong first quarter, with enabled commerce volume up 24 percent and revenue up 14 …

Twitter Revenue Up 119%, Monthly Active Users Up 25% Twitter Revenue Up 119%, Monthly Active Users Up 25%

Twitter just released its earnings report for the first quarter. This is its second earnings report as a public company. Revenue was $250 million, up 119% year-over-year, and up from $243 million the previous quarter. Net loss for the quarter …

Amazon Sales Up 23% At $19.74 Billion Amazon Sales Up 23% At $19.74 Billion

Amazon just released its Q1 earnings report with net sales for the quarter at $19.74 billion, up 23% year-over-year. A report earlier this week indicates that the company is taking a sales hit in states that have implemented online sales …

Microsoft Earnings Released, Revenue $20.4 Billion Microsoft Earnings Released, Revenue $20.4 Billion

Microsoft just released its earnings report for its fiscal year 2014 Q3. Revenue was $20.4 billion for the quarter ended March 31st. The company managed to pretty much meet analysts’ expectations. New CEO Satya Nadella said, “This quarter’s results demonstrate …

Apple Earnings Released: Revenue $45.6 Billion Apple Earnings Released: Revenue $45.6 Billion

Apple just released its earnings report for its fiscal 2014 second quarter, ended March 29th with revenue of $45.6 billion and quarterly net profit of $10.2 billion. That’s compared to $43.6 billion and net profit of $9.5 billion, respectively for …

Facebook's CFO Is Stepping Down In June Facebook's CFO Is Stepping Down In June

Facebook just released its earnings for the first quarter, with revenue of $2.50 billion, up 72% year-over-year. Revenue from advertising was $2.27 billion, up 82% over that time. Daily active users were 802 million as of last month, up of …