Facebook Has Over a Billion Daily Active Users on Average

Facebook has officially topped 1.5 billion monthly active users, and for the first time reported over a billion daily active users on average. The company reported 1.55 MAUs as of September, 2015 and 1.01 billion average DAUs. This is an…

Groupon Gets New CEO, Releases Earnings

Groupon released its Q3 earnings and announced that it has named Rich Williams as its new CEO as Eric Lefkofsky steps down. Williams was appointed by the board, effective immediately as Lefkofsky returns to his role as Chairman of the…

Etsy Earnings Released, Net Loss $6.9 Million

Etsy just released its Q3 financials, posting a net less of $6.9 million ( 6 cents per share). Revenue was $65.7 million, up from $47.6 million from the same period last year. Shareholders aren’t thrilled as shares are tanking in…

LinkedIn Impresses With Earnings, Reaches 400 Million Members

LinkedIn just released its Q3 financial results, and knocked them out of the park. Shares quickly began to skyrocket in after hours trading after the company posed massive beats. Adjusted earnings per share of $0.78 topped the expected $0.45 while…

Yelp Earnings Please Investors

Yelp just released its financial results for Q3, beating Wall Street expectations with revenue of $143.6 million, and earnings per share of $0.03. Net revenue was up 40% year over year. Yelp’s cumulative reviews grew 35% year over year reaching…

Apple Earnings Released, Revenue $51.5 Billion

Apple just released its financial results for its fiscal 2015 fourth quarter ended September 26. It beat Wall Street expectations on revenue and EPS with $51.5 billion and $1.96 respectively. Net profit was $11.1 billion. For comparison, the year-ago quarter…

Twitter’s User Growth Is Absolutely Anemic

Once again, Twitter’s earnings have beat expectations. And once again, Twitter is reporting absolutely anemic user growth. In July, Twitter’s then-temporary CEO Jack Dorsey reported 304 million monthly active users (excluding SMS Fast Followers). “We are not satisfied with our…

Alibaba Group Earnings Impress, Revenue Jumps 32%

Alibaba Group reported its financial results for the quarter ended September 30 on Tuesday, beating Wall Street expectations as its revenue jumped 32% to $3.5 billion. EPS was $0.57. Gross merchandise volume (GMV), which refers to the total sales value…

Microsoft Earnings Released, Revenue $21.7 Billion

Microsoft just released its FY16 Q1 earnings report with revenue of $20.4 billion GAAP and $21.7 billion non-GAAP. The company reported operating income of $5.8 billion GAAP and $7.1 billion non-GAAP as ell as net income of $4.6 billion GAAP…

Amazon Q3 Earnings Reported; Sales up 23% to $25.4 Billion

Amazon released its Q3 earnings report, including a 23% increase in sales year-over-year at $25.4 billion. Net income was $79 million ($0.17 per diluted share) , compared with net loss of $437 million, or $0.95 per diluted share, in third…