All Posts Tagged Tag: ‘Earnings’

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 …

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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 …

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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 …

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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.

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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 …

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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. …

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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 …

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Yahoo Ad Revenue Disappoints, But Paid Search Clicks Are Up

Yahoo reported its Q1 earnings on Tuesday, with GAAP revenue at $1,140 million for the quarter. Revenue ex-TAC was $1,074 million. The company posted GAAP income from operations at $186 million and Non-GAAP income from operations at $224 million. In the search department, GAAP revenue was $425 million for the quarter, down 10% from the same quarter last year, when …

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Groupon Earnings Disappoint, Stock Down 28%

Groupon reported its Q4 and fiscal year 2012 earnings on Wednesday afternoon, sending stock plummeting as results missed Wall Street estimates. The company posted a net loss of $81.1 million for the quarter, though revenue was up 30% at $638.3 million. Late last year, Groupon CEO Andrew Mason’s job came into question, and now reports are questioning how long he’ll …

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Demand Media To Split Into Two Public Companies, Earnings Released

Demand Media announced today that its board of directors has authorized a plan for the company to explore separating into two separate public companies – one for its media business and one for its domain business. CEO Richard Rosenblatt said, “Both businesses have grown to become leaders in their respective markets, and we now want to provide additional operational and …

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USPS Loses $1.3 Billion, Plans to Cut Saturday Mail Delivery

The U.S. Postal Service (USPS) today announced its first quarter financial results and things are not looking good. In the first three months of the 2013 fiscal year USPS had a net loss of $1.3 billion. The first quarter includes holiday season shipping and mail, which generally makes it USPS’ most lucrative quarter. The company cited shipping and package revenue …

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AOL Posts Year-Over-Year Revenue Growth For First Time In 8 Years

AOL released its Q4 earnings on Friday, and reported revenue growth for the first time in 8 years. AOL posted revenue of $599 million, significantly higher than Street’s $574 million estimate. Adjusted OIBDA was $123 MM ($8 MM higher than Street’s $115 MM). This follows AOL’s previous quarter, when it reported the best relative revenue performance in seven years at …

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