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Yahoo Earnings Released, Revenue $1.09 Billion

Yahoo Earnings Released, Revenue $1.09 Billion

By Chris Crum 6 hours ago

Yahoo just released its earnings report for the third quarter. Revenue was $1.09 billion with earnings per share at $0.52. The company’s results were well above Wall Street expectations. “We had a good, solid third quarter. We delivered $1.094 billion …

Cisco Announces Job Cuts, Earnings Cisco Announces Job Cuts, 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 …

Yelp Faces New Class Action Suit From Shareholders Yelp Faces New Class Action Suit From Shareholders

Yelp is no stranger to legal battles, nor is it a stranger to complaints about how it handles reviews. Now, the company faces a new class action suit from shareholders, accusing it of selling over $81 million in stock, while …

Bob Iger Talks Disney’s Relationship With Netflix 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 …

AOL Sees 6th Consecutive Quarter Of Revenue Growth 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% …

Groupon Earnings Released, Revenue Up 23% 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 …

LinkedIn Earnings Released, Revenue Up 47% 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. …

Yelp Profitable For First Time Since Going Public Yelp 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 …

Facebook Releases Earnings, Revenue Up 61% Facebook Releases Earnings, Revenue Up 61%

Facebook just released its Q2 earnings report with revenue of $2.91 billion, up 61% year-over-year. Revenue from advertising was $2.68 billion, up 67%, with mobile ad revenue representing 62% of all ad revenue. Payments and other fees accounted for $234 …

Microsoft Earnings Released, Revenue $23.38 Billion Microsoft Earnings Released, Revenue $23.38 Billion

Microsoft just released its earnings report for FY14 Q4 with revenue of $23.38 billion, gross margin of $15.79 billion, operating income of $6.48 billion, and diluted EPS of $0.55 per share. CEO Satya Nadella said, “We are galvanized around our …

Google Penalty Costs eBay Big Time Google Penalty Costs eBay Big Time

Back in May, when Google launched a new version of the Panda update, some quickly noticed that eBay seemed to be taking a hit in the rankings. It turned out that it was apparently at the hands of a manual …

Alibaba IPO Expected After Labor Day Alibaba IPO Expected After Labor Day

Back in May, Chinese ecommerce giant Alibaba filed for tis IPO, which is to be the biggest ever for a tech company. The IPO had been expected to take place in August, but The New York Times is now reporting, …

Google's Chief Business Officer Steps Down Google's Chief Business Officer Steps Down

Google just released its Q2 earnings report, along with news that its Chief Business Officer Nikesh Arora is leaving the company. Arora has been with Google for nearly ten years. He will be joining SoftBank, which happens to be one …

eBay Earnings Released, Revenue Up 13% eBay Earnings Released, Revenue Up 13%

eBay just released its earnings report for the second quarter with revenue growth of 13%, commerce volume growth of 26%, GAAP and non-GAAP EPS growth of 9%, and the announcement that it has repurchased $1.7 billion in stock. Revenue was …

Yahoo Earnings Released, Revenue $1.04 Billion Yahoo Earnings Released, Revenue $1.04 Billion

Yahoo just released its earnings report for the second quarter, missing Wall Street estimates with revenue of $1.04 billion. CEO Marissa Mayer didn’t sugar coat it. “Our top priority is revenue growth and by that measure, we are not satisfied …

Gas Prices Are Rising: Some Tips To Make Gas Last

Anyone else planning a stay-cation this summer? With waiting lines like this and gas prices the way they are, you’re likely not alone. Despite predictions this past spring that your car’s diet would be fund friendly this summer, it seems …

New Pinterest Funding Is Good News For Your Business New Pinterest Funding Is Good News For Your Business

Pinterest has reportedly raised a new $200 million round of funding, valuing the company at $5 billion. Investors are apparently impressed with the direction the already popular visual social media site is taking, which includes new native ads and enhancements …