All Posts Tagged Tag: ‘Earnings’

Netflix Earnings: Streaming Revenue Up 26% Domestically, 155% Internationally

Netflix just released its Q2 earnings report. In a letter to shareholders, CEO Reed Hastings and CFO David Wells say Netflix has grown to nearly 30 million domestic members and 8 million international members, and that Q2 streaming revenue was up 26% domestically and 155% internationally, year-over-year. Netflix says that of about $3 billion in content library net book value, …

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Google Earnings Released: Revenue And Paid Clicks Up, CPCs And Stock Down

Google just released its earnings report for the second quarter. The company missed Wall Street estimates, and it’s stock is headed downward. Revenue was up 19% year-over-year at $14.11 billion for the quarter. GAAP operating income for the quarter was $3.12 billion down from $3.24 billion in the second quarter last year. GAAP net income was $3.23 billion for the …

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Nokia Revenue Falls, 7.4 Million Lumia’s Sold in Q2

Nokia today released its second quarter 2013 earnings report. Though predictions for the company were not hopeful, Nokia managed to post a mixed bag of financial signals. The company posted a €115 million loss in operating profit, a massive improvement over the €824 million loss Nokia posted for the second quarter of 2012. However, Nokia’s net sales were down 3% …

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Verizon Meets Earnings Expectations, Adds 1M Subscribers

Verizon Communications today released its second quarter earnings report. The U.S. telecom company managed to meet Wall Street’s expectations, posting a $0.73 earnings per share – a 14% increase over the second quarter of 2012. The earnings came on revenues of $29.8 billion, a 4.3% increase over the second quarter of 2012. Of particular not is Verizon’s continued subscriber increases. …

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Yahoo Q2 Earnings Released, Revenues Down

Yahoo just released its second quarter 2013 financial results, with GAAP revenue down 7% year-over-year at $1,13 billion for the quarter. Revenue excluding traffic acquisition costs (ex-TAC) was 1,07 billion for the second quarter, down 1% year-over-year. Non-GAAP earnings per share was $0.35, up from $0.30 for the same period last year. Yahoo CEO Marissa Mayer said, “I’m encouraged by …

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Netflix CEO/CFO To Do Live Video Discussion With Moderators In Lieu Of Regular Earnings Call

Netflix announced on Tuesday that it will post its second-quarter 2013 financial results and business outlook on Monday, July 22nd at about 1:05 PM Pacific Time. Investors will no doubt be eager to hear of the company’s performance in relation to its original shows like House of Cards, Hemlock Grove and Arrested Development, and how these have impacted new subscriptions. …

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BlackBerry: Q1 Loss, Falling Subscriber Numbers

BlackBerry 10 was supposed to be the Canadian company’s big entrance into the touch smartphone market. The BlackBerry Z10 and BlackBerry Q10 smartphones were, essentially, a late play for the company to compete with Microsoft’s Windows Phone 8 for third place in the growing smartphone market. This week, BlackBerry released its Q1 results and it’s clear that BlackBerry 10 hasn’t …

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Groupon Earnings Beat Expectations, Stock On The Rise

Groupon just released its first earnings report since CEO Andrew Mason was fired. Unlike last time, Groupon actually beat Wall Street expectations this time, and the stock is currently on the rise. The company reported gross billings of $1.41 billion, revenue of $601.4 million, and GAAP operating income of $21.2 million. Active customers are up 13% year-over-year. Eric Lefkofsky, Chairman …

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LinkedIn Revenue Up 72%, Forecast Not So Great

LinkedIn just reported its earnings for Q1, with revenue of $324.7 million for the quarter, up 72% year-over-year. Net income was $22.6 million, up from $5 million in the year-ago quarter. CEO Jeff Weiner said, “Q1 was a strong quarter for LinkedIn with member engagement and financial results reaching record levels. We remained focused on delivering great products that increasingly …

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Instagram Will Probably Hold Off on the Ads for Now, But It’s Not for Lack of Interest

Facebook CEO Mark Zuckerberg briefly discussed Instagram at yesterday’s Q1 earnings call, and the takeaway is that big brands want more commercialization, but the Facebook-owned company is content with a growth strategy at the time being. That means no ads on Instagram…for now. “They’re really doing well and growing quickly and that is the right focus for them,” Zuckerberg said. …

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Facebook Accounting Chief David Spillane Is Out

Today, Facebook reported their Q1 2013 earnings. The company slightly beat revenue expectations with a total of $1.458 billion. In all, revenue was up 38% year-over-year, with ad revenue up 43%. Alongside the earnings, Facebook also filed with the SEC, and in this filing they announced that their Chief Accounting Officer, David Spillane, would be leaving the company in a …

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Facebook Revenue Up 38%, Ad Revenue Up 43%

Facebook released its Q1 earnings report on Wednesday, including revenue of $1.46 billion, an increase of 38% year-over-year. Revenue from advertising was $1.25 billion (85% of total revenue), up 43% year-over-year. Mobile advertising accounted for 30% of advertising revenue for the quarter. Revenue from Payments and other fees was $213 million. The obligatory Mark Zuckerberg quote is: “We’ve made a …

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