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Verizon Meets Earnings Expectations, Adds 1M Subscribers 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 …

Yahoo Q2 Earnings Released, Revenues Down Yahoo Q2 Earnings Released, Revenues Down
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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 …

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

BlackBerry: Q1 Loss, Falling Subscriber Numbers 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 …

Groupon Earnings Beat Expectations, Stock On The Rise Groupon Earnings Beat Expectations, Stock On The Rise
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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, …

LinkedIn Revenue Up 72%, Forecast Not So Great LinkedIn Revenue Up 72%, Forecast Not So Great
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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 …

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

Facebook Accounting Chief David Spillane Is Out 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, …

Facebook Revenue Up 38%, Ad Revenue Up 43% 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 …

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

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

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

Here’s Google’s Full Earnings Call 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 . …

Microsoft Reports $20.49 Billion in Revenue, CFO Leaves Microsoft Reports $20.49 Billion in Revenue, CFO Leaves
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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 …

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

eBay Earnings Up, Stock Down On Forecast 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 …

Yahoo Ad Revenue Disappoints, But Paid Search Clicks Are Up 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 …

Groupon Earnings Disappoint, Stock Down 28% 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 …

Demand Media To Split Into Two Public Companies, Earnings Released 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, …

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

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