All Posts Tagged Tag: ‘Financial’

iPhone, Mac & App Store Give Apple Another Big Quarter

Apple released its financial results for its fiscal 2015 second quarter ended March 28. Thanks to strong performance by its iPhone, Mac and App Store businesses, the company posted 27% revenue growth and 40% EPS growth, setting records for the second quarter. The company managed to exceed Wall Street expectations. Quarterly revenue was $58 billion and quarterly net profit was …

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Yelp Grew Local Advertising Accounts 48% Over 2014

Yelp just released its earnings report for the fourth quarter and full year 2014. Net revenue for the quarter grew 56% year-over-year as the company grew local advertising accounts by 48% to approximately 84,000. To be clear, Yelp considers local advertising accounts to be all local business accounts from which it recognizes local revenue in a given three-month period. Cumulative …

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Netflix To Offer $1 Billion In Senior Notes As It Continues Content Expansion

Netflix just announced that it will offer a billion dollars in senior notes through an offering to qualified institutional buyers. Proceeds will be used for content acquisition, among other things. “The interest rate, redemption provisions, maturity date and other terms of the Notes will be determined by negotiations between Netflix and the initial purchasers,” the company said in a note …

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Facebook Grew Mobile Daily Active Users By 34% Over The Past Year

Facebook just released its earnings report for the fourth quarter and full year. It posted a 58% increase in yearly revenue, and a 49% increase for the quarter. “We got a lot done in 2014. Our community continues to grow and we’re making progress towards connecting the world,” said Mark Zuckerberg. As usual, the company gave an update on its …

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Yahoo Really Wants That Apple Deal

Yahoo made some big waves in late 2014 when it partnered with Mozilla to replace Google as the default search experience in Firefox. Apple’s similar deal with Google is near its expiration, and Yahoo CEO Marissa Mayer seems really interested in that. Do you think Apple should drop Google and go with a different search provider like Yahoo or Microsoft? …

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Apple Pay Headed To UK Banks, NYC Parking Tickets

Apple is just getting started with its payments product Apple Pay. It’s looking like 2015 is going to be a big year for it as more and more institutions and businesses adopt it. We already learned that Chevron, which already offers it at some of its stores, is planning to introduce Apple Pay support at gas pumps in early 2015. …

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Netflix Earnings To Be Reported Next Month

Netflix announced the date of its next earnings call. The company will report its fourth-quarter 2014 financial results and business outlook on Tuesday, January 20 at 1:05 p.m. Pacific Time Netflix will keep in line with its previous style of addressing its results by participating in a video question and answer session. Netflix said in an announcement, “At that time …

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News Corp. Acquires Financial Site BigDecisions

News Corp. announced that it Indian financial site BigDecisions.com. It’s described as a web startup that helps consumers make financial decisions. More specifically, BigDecisions aims to help Indian consumers make smarter financial decisions using data and algorithm-based tools. “Our latest investment builds on our abiding belief that a digital India needs more trusted, reliable and independent data,” said Robert Thomson, …

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Cisco Earnings Released, CFO Out

Cisco just reported its Q1 earnings for the quarter ended October 25. In a return to growth, the company reported its strongest Q1 revenue ever at $12.2 billion, which is up 1% year-over-year. Earnings per share were $0.35 GAAP and $0.54 non-GAAP. Cisco also announced that executive vice president and CFO Frank Calderoni is stepping down at the beginning of …

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Groupon Earnings Released, Revenue Up 27%

Groupon just released its earnings for the third quarter with revenue up 27% year-over-year at $757.1 million, GAAP loss per share of $0.03, and non-GAAP earnings per share of $0.03. The company beat Wall Street expectations. “We had another record quarter, with worldwide billings increasing 39 percent and reaching their highest level ever,” said CEO Eric Lefkofsky. “We also made …

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Facebook Releases Earnings, Revenue Up 59%

Facebook just released its Q3 earnings report with revenue of $3.2 billion, up 59% year-over-year. Revenue from advertising was $2.96 billion (up 64%) while mobile ad revenue represented 66% of that. Revenue from payments and other fees was $246 million, up 13%. GAAP diluted EPS was $0.30, up 76%. Non-GAAP diluted EPS was $0.43, up 59%. The company beat Wall …

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Amazon Reports 20% Sales Increase, $544 Million Loss

Amazon just released its earnings report for the third quarter. Net sales were up 20% year-over-year at $20.58 Billion, which is a bit under analysts’ expectations. Earnings per share came in at – $0.95, which is significantly less than expected. Investors weren’t thrilled with Q2, and Q3 appears to be an even bigger disappointment. CEO Jeff Bezos had this to …

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