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Yelp Becomes Profitable For First Time Since Going Public

Yelp Becomes Profitable For First Time Since Going Public

By Chris Crum 18 hours ago

Yelp just released its Q2 earnings report with revenue of $88.8 million, up 61% year-over-year. Net income was $2.7 million, or $0.04 per share, compared to a net loss of $(0.9) million, or $(0.01) per share in the same quarter …

Facebook Releases Earnings, Revenue Up 61% Facebook Releases Earnings, Revenue Up 61%

Facebook just released its Q2 earnings report with revenue of $2.91 billion, up 61% year-over-year. Revenue from advertising was $2.68 billion, up 67%, with mobile ad revenue representing 62% of all ad revenue. Payments and other fees accounted for $234 …

Apple Earnings Released, Revenue $37.4 Billion Apple Earnings Released, Revenue $37.4 Billion

Apple announced its earnings for its fiscal 2014 Q3 (ended June 28). This includes revenue of $37.4 billion, and net profit of $7.7 billion, or $1.28 per diluted share. These are up from $35.3 billion revenue, net profit of $6.9 …

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 …

Netflix Releases Earnings, Has 50 Million Members Netflix Releases Earnings, Has 50 Million Members

Netflix just released its earnings report for the second quarter, and announced that it has surpassed 50 million global members. That means they’ve added roughly two million since last quarter. 36 million of them are in the U.S. The company …

Google Penalty Costs eBay Big Time Google Penalty Costs eBay Big Time

Back in May, when Google launched a new version of the Panda update, some quickly noticed that eBay seemed to be taking a hit in the rankings. It turned out that it was apparently at the hands of a manual …

Google's Chief Business Officer Steps Down Google's Chief Business Officer Steps Down

Google just released its Q2 earnings report, along with news that its Chief Business Officer Nikesh Arora is leaving the company. Arora has been with Google for nearly ten years. He will be joining SoftBank, which happens to be one …

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 …

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 …

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 …