Earnings

  • LinkedIn Tumbles 30% On Earnings Guidance

    LinkedIn Tumbles 30% On Earnings Guidance

    LinkedIn reported fourth quarter earnings after the bell Thursday. While the company beat analyst estimates on both income and revenue, the stock quickly tumbled 27 percent in after-hours trading, due to a disappointing outlook and earnings guidance. The job networking site said that revenue for first quarter of 2016 is expected to be $820 million and adjusted earnings per share will be 55 cents. Read More

  • IAC Misses Expectations With Q4 Revenue Of $848.7 Million

    IAC Misses Expectations With Q4 Revenue Of $848.7 Million

    IAC just reported its Q4 2015 earnings, missing analysts expectations with revenue of $848.7 million and earnings of $0.75 per share. Analysts were expecting earnings of $0.93 cents per share on revenue of $865.49 million. Last year, IAC spun off its dating services, Match Group, which then went public itself in Q4 2015. Although Match Group reported its own results today, IAC included… Read More

  • Nintendo Posts $241M Profit But Misses Estimates As Revenue Drops 18%

    Nintendo Posts $241M Profit But Misses Estimates As Revenue Drops 18%

    Nintendo has big plans for 2016, but the company missed its earning target for its third quarter 2015 which was announced today. The Japanese firm posted a 29 billion JPY ($241 million) profit for the period on overall income of 221 billion JPY ($1.8 billion), that’s down 18 percent and 36 percent year-on-year respectively. Read More

  • Gmail Now Has More Than 1B Monthly Active Users

    Gmail Now Has More Than 1B Monthly Active Users

    During its earnings call, Google today announced that Gmail now has more than 1 billion monthly active users. That’s up from 900 million the company announced during its I/O developer conference last May and up from 425 million in 2012. With this, Gmail joins six of Google’s other popular projects, including Search, Chrome, Android, Maps, YouTube and Google Play that all also have… Read More

  • Alphabet’s “Other Bets” Cost It Almost $3.6B Last Year

    Alphabet’s “Other Bets” Cost It Almost $3.6B Last Year

    Alphabet — the company formerly known as Google — reported some pretty good earnings today. For the first time, the company also broke out its revenue and loss from its “other bets” outside of the core products that still make up its Google subsidiary. These other bets generated $448 million in revenue in 2015 but Alphabet’s operating loss for those bets was… Read More

  • Sony Posts $1B Profit For Q3 2015 But Feels Pinch From Slowing Mobile Market

    Sony Posts $1B Profit For Q3 2015 But Feels Pinch From Slowing Mobile Market

    Another quarter of promise for Sony. The Japanese tech giant just released its Q3 2015 financial results, posting net income of 120.1 billion JPY ($1 billion) on total revenue 2,580.8 billion JPY ($21.5 billion) — those figures are up 33.5 percent and 0.5 percent year-on-year. Operating income came in at 202.1 billion JPY ($1.7 billion), an 11 percent rise on a year previous. Read More

  • Microsoft Beats On Strong Cloud Revenue With $25.7B Revenue, $0.78 EPS

    Microsoft Beats On Strong Cloud Revenue With $25.7B Revenue, $0.78 EPS

    Microsoft today reported earnings for its second financial quarter of 2016 (I know, that’s weird, but Microsoft’s financial year ends in June). The company reported non-GAAP revenue of $25.7 billion for the last quarter and $0.78 of adjusted per-share profit. Wall Street expected Microsoft to deliver an EPS of $0.71 on revenue of $25.26 billion. In the year-ago quarter, the… Read More

  • Apple Tumbles 6.5% After Growth Flattens

    Apple Tumbles 6.5% After Growth Flattens

    Normally, a 6 percent drop in a stock price is somewhat significant but probably wouldn’t be considered a huge deal. But it’s a different story for Apple, where a 6 percent drop erases tens of billions of dollars in value. That’s exactly what happened during trading today following the company’s earnings report last night, which signaled the company’s first… Read More

  • Foreign Exchange Weighs On Apple’s Q1 Sales To The Tune Of $5B

    Foreign Exchange Weighs On Apple’s Q1 Sales To The Tune Of $5B

    Apple today reported another record set of results, beating expectations with an all-time high profit of $18.4 billion and revenues of $75.9 billion, with some $216 billion in cash now on its balance sheet. But it could have made even more were it not for the strength of the dollar compared to other currencies. The iPhone maker said that in constant currency, Q1 2016 revenue “would… Read More

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