All Posts Tagged Tag: ‘Financials’

Meg Whitman Confident Despite HP Stagnation

HP this week released its fourth quarter 2014 and fiscal 2014 full-year financial results. The company reported quarterly revenue of $28.4 billion, down 2% from fourth quarter 2013. Full-year revenue was reported to be $111.5 billion, down 1% year-over-year. HP’s lackluster 2014 financial results were not unexpected, and the company hit both its GAAP and non-GAAP diluted net share earnings …

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Rite Aid Stock Down on Poor Earnings Update

Stock in Rite Aid Corporation is tumbling today following a dismal earnings update by the company. On Thursday Rite Aid released sales results for May and updated its quarterly and yearly earnings estimates, previewing a year of worse-than-expected earnings. Rite Aid reported that its front-end same store sales for the five weeks ending on May 31 increased just 0.5% over …

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BlackBerry Announces $4.4 Billion Third-Quarter Loss

BlackBerry today released its third quarter financial report and the results are about as dire as everyone expected. BlackBerry is reporting a $4.4 billion loss today, illustrating just how dire the situation is for the Canadian tech company. Over half of that loss ($2.4 billion) comes as part of a long-lived asset adjustment charge and over $1.3 billion related to …

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Sprint Losses Drop, But So Do Subscribers

Sprint, the third largest wireless carrier in the U.S., today released its first quarter 2013 financial results. The report shows that the company’s net losses have decreased from the fourth quarter of 2012, though it also shows worrying trends, such as falling subscriber numbers. Sprint reported a net loss of $643 million, compared to the $863 million net loss it …

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LinkedIn Nails its Fourth Quarter, Yearly Earnings

If there’s one thing LinkedIn is, it’s consistent. The company has slowly built its brand and membership numbers in the crowded social media space where other companies are getting bloodied. LinkedIn today announced its fourth quarter 2012 and year-end 2012 financial results, and, once again, the social network for professional networking hit its marks. The company pulled in revenue of …

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Netflix Added 2 Million Streaming Subscribers Over the Holidays

Though the competition to provide robust streaming services is heating up with the growth of Hulu Plus, Amazon Prime Instant Video, and the new Redbox Instant, Netflix is still holding its own. The company this week announced its fourth quarter financial results, and the news is overwhelmingly positive. Netflix managed to add just over 2 million new subscribers to its …

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HTC Profit Tanked in the 3rd Quarter of 2012

Today the Wall Street Journal reported that HTC’s most recent quarterly profits are down 79% from last year. The company reported a third-quarter net profic of $133 million. Though the company still made money, its quarter 3 2012 reports its lowest profits since 2006. The reason for HTC’s shrinking profits probably has something to do with Apple’s continued success in …

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You Were Worth a Lot More to Facebook in 2007 When It Was More Private

So much of what gets said about Facebook these days revolves around what the company is worth, what Mark Zuckerberg is worth, what other Facebookers are worth; or, since the company’s hilariously bad initial public offering, the public conversation has been more focused on how much all of the aforementioned parties have lost thanks to Nasdaq, Facebook shares going belly-up, …

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Internet Ad Revenue Pops Q1 Record with $8.4 Billion

The 2012 fiscal year is off to a good start for internet advertising as the first quarter welcomed a record-breaking $8.4 billion in revenue, more than any previous first quarter. The news comes by way of the semi-annual Internet Advertising Report, compiled by Interactive Advertising Bureau and PwC U.S., that found that this first-quarter record is a 15% increase over …

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AOL’s Patch Set New Traffic, Revenue Record in May

Despite a damaging report last month from a group of disgruntled investors that said AOL’s Patch was not a “viable business,” the service still had a good month in May as it set an all-time high for traffic and revenue. Patch, AOL’s local news dispensary, served 11.7 million users in May, marking a 14% increase in users from April when …

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Nasdaq Hopes to Appease Facebook Investors with Modest Compensation

The Nasdaq OMX Group hopes to make up for that small-but-disastrous glitch on the day of Facebook’s initial public offering by compensating affected investors who were trying to get in on the early trading. According to the Wall Street Journal, the exchange organization has been notifying brokers that it plans to submit the proper filings tomorrow in order to begin …

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Nasdaq’s Fallout from the Fubar Facebook IPO

Given that everyone was so excited and looking to the future with Facebook’s initial public offering on Friday, there has been a surprising absence of good news to come out of the it since it happened. It’s not even that there’s an absence of good news but an overwhelming pall of bad news. Friday stumbled out of the gates and …

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GM’s Pulling of Ads from Facebook Wasn’t Personal After All

Told ya! Following a Reuters report earlier today that revealed Facebook had actually encouraged General Motors to utilize the website’s free pages, thus lessening the import of GM’s announcement from earlier this week about no longer paying for Facebook ads. Now, someone from the Wall Street Journal has revealed that GM won’t be advertising at the next Super Bowl, either. …

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Facebook Could Only Tease the Public for So Long

As I write this, Facebook is 2:01 from launching its most important update in the history of the company: becoming a public company and being traded on Wall Street. When I joined Facebook in 2006, I thought it was kind of a cheesy alternative to MySpace. Well, it was, actually, either that or Friendster. Either way, I didn’t think it’d …

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Facebook’s IPO Follows Other Tech Companies’ IPO

With Facebook’s IPO maaayy finally happen next week, buzz abounds that this will most likely be the tech industry’s biggest IPO to date. Still, by no means is it the first and it’s likely Facebook wouldn’t be projected to rocket into astronomical levels of filthy lucre if it hadn’t been the company’s predecessors. Google, LinkedIn, Yelp, Zynga, and Groupon are …

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LinkedIn Q1 2012 Financial Results Shred Analyst Expectations [UPDATED]

LinkedIn released its financial results its Q1 2012 results this afternoon and things are looking good for the premier network for professionals. The company’s financial weather vane looks to be pointing north, which was encouraging to LinkedIn CEO Jeff Weiner. “LinkedIn’s solid performance in the first quarter built on the company’s momentum in 2011,” Weiner said. “We saw strength across …

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Twitter Ascends, Facebook Falters in Social Transactions

A new financial report on the financial climate inside the social media world has been released and with Facebook’s IPO on the horizon, the news isn’t exactly the sunny sky you’d hope for if you’re an investor. Zscaler, a cloud security service provider that monitors online commerce, released its State of the Web Q1 2012 report and while the forecast …

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Yahoo/Bing’s Q1 2012 Financial Reports

It’s been three years since Bing started powering all searches through Yahoo! and the fruits of that partnership are beginning to ripen with success. While the two have yet to really rake away much of Google’s claim of the search market, the two companies still claimed acquired the highest market share of their partnership. In a release from IgnitionOne, Yahoo!/Bing …

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Apple Shares Soar To Another Record: $582 Per Share

So much for that mild trepidation of traders following last week’s New iPad announcement. Not only has Apple’s stock juggernautted to new record highs yesterday, but now Morgan Stanley has increased its price target of the stock from $515 to $720. According to Apple Insider, analyst Katy Huberty sent a memo to investors yesterday telling them that the tech company …

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Apple Shares Struggle After New iPad Announced

Were you disappointed by the lack of flashy name for Apple’s new iPad, the New iPad? If so, you weren’t the only one as investors seemed slightly unimpressed with Tim Cook & Co.’s unveiling of the new tablet as Apple’s shares tumbled a bit following the conference’s conclusion. Apple’s shares actually started out the day at $536.87, which was higher …

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SEO, Analytics, Financials, All In One Place

How’s business? It’s a question small business owners are asked a lot. But it’s one that is increasingly difficult to answer because of the complexities of running a modern business. WebControlRoom.com is a free tool that has been developed to help small businesses answer this question by providing a real time performance report with data from various sources in the …

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Barnes & Noble Posts Q3 2012 Results, Announces 8GB Nook

The financial results for Barnes & Noble third quarter of the financial year have been released and, initially, all signs point in good directions for the bookseller. This might come as a surprise to some since speculation grew over the last year that the bookseller was headed toward bankruptcy. Nonetheless, the company is reporting an increase of 2.8% in comparable …

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Google Wallet Restores Prepaid Card Use After Issuing Fixes

After temporarily disabling the provisioning of prepaid cards, the Google Wallet team has reinstated the use prepaid cards after issuing a few security fixes. In an update to the blog post that originally announced Google’s decision to flip the off switch on prepaid cards, Vice President of Google Wallet and Payments, Osama Bedier, explained: Yesterday afternoon, we restored the ability …

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Apple Shares Crossed The $500 Milestone Today

When it comes to money, Apple is the pinball wizard who never misses the replay. Every few days in 2012 (and every day every year, really, but 2012 especially), it seems like the company keeps getting richer and richer. Today would be one of those days as Apple shares exceeded the $500 mark for the first time. Apple shares were …

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Apple Is Worth More Than Google And Microsoft COMBINED

All those rumors swirling around the possibility of an iPad 3 release next month seem to be doing good things for Apple’s stock market activity because the company’s shares reached yet another all-time high this afternoon. Earlier today, shares of Apple peaked at $496.75 and as of writing this continue to hover around the $493 mark. While it’s hardly surprising …

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Groupon Posts Q4 Net Loss Of $37M

Groupon released their Q4 2011 report today, revealing a year-to-year 194% increase in revenue from $172.2 million in 2010 to $506.5 million this year. However, the online purveyors of collectively bargained daily deals had a net loss of $37 million in the 2011 fourth quarter – also it’s first quarterly results since becoming a public company this past November. The …

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