All Posts Tagged Tag: ‘Earnings’

Google Earnings Released, Revenue Up 20%

Google just released its earnings for the third quarter with revenue up 20% year-over-year at 16.52 billion. CFO Patrick Pichette said, “Google had another strong performance this quarter, with revenue up 20% year on year, at $16.5 billion. We continue to be excited about the growth in our advertising and emerging businesses.” Not a word from CEO Larry Page this …

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eBay Earnings Released, Revenue Up 12%

eBay released its earnings report for the third quarter with revenue growth of 12%. Payments volume was up 29% while eBay Marketplaces volume growth was 9%. As you probably know, eBay and PayPal are splitting up next year. eBay CEO John Donahoe said, “Rapidly changing competitive environments in commerce and payments underscore the opportunities for eBay and PayPal, and highlight …

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Netflix Releases Earnings, Ends Quarter With 53.1 Million Members

Netflix just released its earnings report for the third quarter, and announced that it had 53.1 million global members at the end of Q3. That means they’ve added roughly 3.1 million since last quarter. 37.22 million of its members are in the U.S. The company expects to add 4 million more in Q4. Revenue was $1.22 billion. Here’s an overview …

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Cisco Cuts 6,000 Jobs As It Reports Better Than Expected Earnings

Cisco announced on Wednesday that it will cut about 6,000 jobs or 8% of its total workforce. The news came as the company reported its earnings for its fourth quarter and fiscal year 2014, beating Wall Street estimates. Chairman and CEO John Chambers said in a statement, “We are executing well in a tough environment and delivered our best non-GAAP …

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Bob Iger Talks Disney’s Relationship With Netflix

Disney posted its fiscal Q3 earnings on Tuesday. The company had a record quarter with earnings per share up 27% from the prior year. CEO Bob Iger said, “Our strategy of building strong brands and franchises continues to create great value across our company. This quarter we delivered the highest EPS in the company’s history, and we’ve now generated greater …

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AOL Sees 6th Consecutive Quarter Of Revenue Growth

AOL just released its Q2 earnings report with its sixth consecutive quarter of revenue and adjusted OIBDA growth. Total revenue grew 12% year-over-year. The company attributes this to accelerated global advertising revenue, which grew 20% year-over-year. The company saw 60% growth in third party platform revenue driven by growth in the sale of premium formats across its programmatic platform as …

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Groupon Earnings Released, Revenue Up 23%

Groupon just released its earnings report for the second quarter with gross billings of $1.82 billion and revenue of $751.6 million. The company also reported adjusted EBITDA of $59.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per share of $0.01. Revenue was up 23% year-over-year. In North America, it was up 12%, and in the rest of …

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LinkedIn Earnings Released, Revenue Up 47%

LinkedIn just released its earnings report for the second quarter with revenue of $534 million, up 47% year-over-year. Net loss (attributable to common stockholders) was $1 million, compared to net income of $3.7 million for the same quarter last year. Non-GAAP net income was $63 million compared to $44 million for the same quarter last year. GAAP diluted EPS for …

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Yelp Becomes Profitable For First Time Since Going Public

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 last year. That last part is the real news. CEO Jeremy Stoppelman said, “We delivered great results this quarter. Our …

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Twitter Revenue Up 124%, Monthly Active Users Up 24%

Twitter just released its earnings report for the second quarter. This is the company’s third such report since going public last year. The company beat analysts’ estimates, and stock is quickly taking off. Revenue was was $312 million, up 124% year-over-year. Q2’14 revenue: $312M; adj. EBITDA: $54M; non-GAAP net income: $15M. Key info: https://t.co/FFTAImEHmV #TWTRearnings pic.twitter.com/vXO22AHfc0 — TwitterIR (@TwitterIR) July …

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SiriusXM Hits Record 26 Million Subscribers As Profit Declines

Sirius XM released its earnings report for the second quarter. Profit was down 4.4%. While the company managed to add significantly to its revenue and subscriber count, these just weren’t enough to offset operating expenses. These expenses grew by 12% to $750 million due to revenue share and royalties as well as customer service and billing expenses. Profit was down …

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Amazon Reports 23% Sales Increase, $126 Million Loss

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 than expected. Stock immediately started going down. Operating cash flow was up 18% year-over-year at $5.33 billion, while free cash …

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