All Posts Tagged Tag: ‘Financial’

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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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 million, up 9% from last year. CEO Mark Zuckerberg gave pretty much the most generic statement possible: “We had a …

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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 core as a productivity and platform company for the mobile-first and cloud-first world, and we are driving growth with disciplined …

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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 penalty rather than Panda. The penalty was related to weird category pages that eBay users were unlikely to actually land …

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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, citing people with knowledge of the matter, that it will come sometime after Labor Day. The NYT’s Michael De La …

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Google Chief Business Officer Nikesh Arora Steps Down, As Company Releases Earnings Report

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 of Google’s partners. There, he will serve as Vice Chairman of SoftBank Corp. and CEO of SoftBank Internet and Media. …

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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 up 13% year-over-year at $4.4 billion. GAAP earnings increased to $676 million, and non-GAAP earnings increased to $868 million. CEO …

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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 with our Q2 results,” she said. “While several areas showed strength, their growth was offset by declines. Yahoo Search, for …

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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 as though that may not come to pass after all. High demand, fewer supplies than anticipated, and declining production are …

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Here’s Why Pinterest’s New 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 to the search experience. Is Pinterest search part of your business strategy? Will it be in the future? Let us …

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Early Retirement: What Would Mr. Mustache Do?

Early retirement is more of a reality than many of us know. Even if you are in your late 40s and have pretty much missed that “early” part of the deal, there are still ways to speed up that process. While there are investment plans and careers that give one a better chance of retiring early, you can also retire …

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Report: Square Not Ready To Go Public This Year

It’s looking like Square won’t be going public in 2014 as multiple reports indicate IPO aspirations have been put on hold. Last week, The Information reported that the company was considering raising another round of funding that would delay an IPO. The Wall Street Journal had reported back in November that Square was eyeing an offering for this year. Now, …

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