All Posts Tagged Tag: ‘Financial’

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 to its original shows like House of Cards, Hemlock Grove and Arrested Development, and how these have impacted new subscriptions. …

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Demand Media Acquires Artist Marketplace Society6 For $94 Million

Demand Media just announced that it has acquired Society6, an ecommerce marketplace for artists. “All an artist needs to do is upload their artwork or design and consumers can customize a wide range or products, from iPhones to T-shirts to home décor accessories,” a Demand Media spokesperson tells WebProNews, describing Society6’s functionality. The deal is worth about $94 million, with …

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Microsoft Extends Revenue Guarantee To Yahoo In ‘Search Alliance’

In a recent financial filing, Yahoo cited that Microsoft extended its revenue guarantee in the two companies’ ongoing “search alliance”. This is a guarantee that Microsoft has so far failed to live up to, but continues to extend, presumably, to keep Yahoo from walking away from the deal, and potentially into the arms of a certain competitor. Reuters reports: The …

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LinkedIn Revenue Up 72%, Forecast Not So Great

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 for LinkedIn with member engagement and financial results reaching record levels. We remained focused on delivering great products that increasingly …

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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 the quarter. Revenue from Payments and other fees was $213 million. The obligatory Mark Zuckerberg quote is: “We’ve made a …

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

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 twelve months. This includes purchases of corporate office space and property in Seattle. Operating income was down 6% to $181 …

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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 . If you want to revisit it, here you go: You can see the full earnings release here.

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

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 Larry Page. Revenues from Google-owned sites were $8.64 billion, or 67% of total Google revenues. Partner sites generated $3.26 billion. …

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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 as positive. eBay stock is down -2.90‎ (-5.17%‎) in morning trading. Here’s the release in its entirety: SAN JOSE, Calif.–(BUSINESS …

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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 the search department, GAAP revenue was $425 million for the quarter, down 10% from the same quarter last year, when …

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BlueGlass USA Is Low On Cash, High On Debt

Digital marketing agency BlueGlass has apparently happened upon some troublesome times. Patrick Price, managing director of BlueGlass EMEA, tweeted out this YouTube video addressing the situation: Follow @Idealizer Patrick C. Price @Idealizer #BlueGlass Update 1: This is where we stand right now. Please be patient and have some trust. http://t.co/1i66ck0AzV We can make this work!  Reply  ·  Retweet  ·  Favorite23 …

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Still Wondering If You Should Use Bitcoin? Read This.

Bitcoin is getting a lot of attention in the news this week with the value of a single Bitcoin surpassing $100, and the currency’s total value topping $1 billion. Naturally, a lot of questions are being asked. Questions like: What is it? Is it the future of currency? How valuable can it get? How risky is it to use Bitcoin? …

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