All Posts Tagged Tag: ‘Earnings’

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 …

Read More

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 …

Read More

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. …

Read More

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 …

Read More

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 …

Read More

Amazon Sales Up 22% To $16.07 Billion For Q1, Profit Down

Amazon reported its Q1 earnings today with sales up 22% to $16.07 billion. Operating cash flow was up 39% year-over-year to $4.25 billion for the trailing twelve months. Free cash flow was down 85% to $177 million for the trailing twelve months. This includes purchases of corporate office space and property in Seattle. Operating income was down 6% to $181 …

Read More

Netflix to Offer ‘Family’ Plan with 4 Simultaneous Streams for $12

Netflix will unveil a new tier to their subscription plans in the U.S., allowing large families to stream more content at the same time. The company will soon give the option for subscribers to pay $11.99 a month in order to unlock 4 simultaneous streams. As of now, Netflix only allows for 2 simultaneous streams. “A few members with large …

Read More

Netflix: Very Few Gamed Free Trials to Watch House of Cards

Netflix just posted their Q1 2013 earnings – $1.02 billion total revenue, slightly beating expectations. They also added 3 million streaming customers, bringing the total to 36 million. Inside the letter to investors, CEO Reed Hastings and CFO David Wells talk Netflix’s push toward original content – spearheaded by the Kevin Spacey-helmed David Fincher-produced political thriller House of Cards. And …

Read More

Here’s Google’s Full Earnings Call

Google released its Q1 earnings on Thursday, beating Wall Street estimates. The company reported $14 billion in revenue, up 31% year-over-year. Google has made available its entire earnings call for all to listen to after it was broadcast live . If you want to revisit it, here you go: You can see the full earnings release here.

Read More

Microsoft Reports $20.49 Billion in Revenue, CFO Leaves

Microsoft released its Q3 earnings, including $20.49 billion in revenue. Operating income was $7.61 billion. Net income was $6.06 billion. CEO Steve Ballmer said, “The bold bets we made on cloud services are paying off as people increasingly choose Microsoft services including Office 365, Windows Azure, Xbox LIVE, and Skype. While there is still work to do, we are optimistic …

Read More

Google Reports $14 Billion In Q1 Revenue, Up 31%

Google released its earnings report for the first quarter, posting $14 billion in revenue, up 31% year-over-year. “We are working hard and investing in our products that aim to improve billions of people’s lives all around the world,” says CEO Larry Page. Revenues from Google-owned sites were $8.64 billion, or 67% of total Google revenues. Partner sites generated $3.26 billion. …

Read More

eBay Earnings Up, Stock Down On Forecast

eBay released its Q1 earnings on Wednesday, with revenue increasing 14% to $3.7 billion year over year. Profit was $677 million. What the company considered to be a strong quarter wasn’t enough to please investors, as the forecast wasn’t quite as positive. eBay stock is down -2.90‎ (-5.17%‎) in morning trading. Here’s the release in its entirety: SAN JOSE, Calif.–(BUSINESS …

Read More

Page 12 of 21« First...«1011121314»20...Last »