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All Posts Tagged Tag: ‘Financial’

LinkedIn Impresses On Revenue, Earnings

LinkedIn Impresses On Revenue, Earnings

LinkedIn just released its earnings report for the second quarter with revenue up 33% year-over-year at $712 million and earnings per share of $0.55. Both of these were significantly better than Wall Street estimates, which were reportedly more like $680.3 million and $0.33. The company brought in $443 million from its Talent Solutions category and $140 million from Marketing Solutions. …

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Yelp Earnings Disappoint As Chairman Leaves And Company Moves Away From Display Ads

Yelp Earnings Disappoint As Chairman Leaves And Company Moves Away From Display Ads

Yelp reported its second quarter earnings on Tuesday with better than expected revenue, but worse than expected profit, sending shares tumbling. But that wasn’t the only news to come out of the company. Yelp also announced the resignation of Max Levchin from its Board of Directors, and said it will discontinue display advertising by the end of the year. Levchin …

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Microsoft Earnings Better Than Expected As Nokia, Restructuring Impact Numbers

Microsoft Earnings Better Than Expected As Nokia, Restructuring Impact Numbers

Microsoft just released its quarterly earnings report with revenue at $22.2 billion. Wall Street estimates were more like $22.04 billion. The company exceeded expectations on earnings per share at $0.62 cents (compared to the expected $0.58). Microsoft’s report was substantially impacted by irregular circumstances including a $7.5 billion charge related to the acquisition of the Nokia Devices and Services (NDS) …

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Apple Disappoints On iPhone Sales

Apple Disappoints On iPhone Sales

Apple just released its quarterly earnings report. The company surpassed Wall Street estimates on revenue and earnings per share, but iPhone sales were not on par with expectations. iPad sales were also down 18%. The company sold 47.5 million iPhones during the quarter. Analysts had expected closer to 49 or 50 million. CEO Tim Cook said, “We had an amazing …

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Yahoo Revenue Better Than Expected, Earnings Not Quite

Yahoo Revenue Better Than Expected, Earnings Not Quite

Yahoo just released its earnings report for the second quarter with revenue up 15% year-over-year. The company reported a net loss of $21.6 million. Revenue after costs paid to partners was pretty much flat. Gross search revenue was also up 15% at $920 million while GAAP search revenue was up 22% at $521 million. Paid clicks were up 13% and …

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Google Posts 11% Revenue Increase At $17.7B

Google Posts 11% Revenue Increase At $17.7B

Google just reported its Q2 financial results, with revenue up 11% year-over-year at $17.7 billion. “Our strong Q2 results reflect continued growth across the breadth of our products, most notably core search, where mobile stood out, as well as YouTube and programmatic advertising”, said CFO Ruth Porat. We are focused every day on developing big new opportunities across a wide …

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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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