Groupon just reported its earnings for its first financial quarter of 2013. The company, which is still looking for a new CEO after the ouster of Andrew Mason in February, posted a $0.01 loss per share but says its non-GAAP EPS, excluding stock-based compensations, was $0.03. Its revenue was significantly higher than expected with $601.4 million in sales, compared to $0.02 earnings per share (EPS)… → Read More
AOL (owner of TechCrunch) has just reported its Q1 results for the quarter, and it’s a mixed bag, with sales of $539 million, up 2%, beating Wall Street estimates, with diluted earnings per share coming in at $0.32. Analysts were expecting revenues of $537.15 million, with First Call’s EPS estimate of EPS at $0.32. Still, Q1′s EPS number is up 45% on the same period a year ago. Net income was up… → Read More
LinkedIn has just reported Q1 earnings of $324.7 million, up 72% year-on-year, and non-GAAP earnings per share of $0.45, both soundly beating analysts’ estimates (via First Call) of $317 million and EPS of $0.31; as well as LinkedIn’s own guidance from last quarter, when it said it expected between $305 million and $310 million in revenues. Net income for Q1 was $22.6 million a big rise on the… → Read More
Facebook has just posted its earnings for the quarter that ended March 31, 2013. Facebook hit $1.46 billion in revenue up 38% from Q1 2012, beating Wall Street estimates of sales of $1.44 billion. Facebook reported earnings of $1.06 billion for the same quarter a year ago. Earnings per shared missed estimates, staying flat at $0.12 (analysts had expected earnings per share of $0.13. Net income… → Read More
Today, Amazon continued the trend, still finding itself in a bit of a hangover after missing expectations in Q4. The eCommerce giant reported earnings from Q1 after the market closed this afternoon, in which it saw cash flow increase 39 percent to $4.25 billion, compared to $3 billion for the prior year, while net sales increased 22 percent to $16.07 billion in Q1, compared to $13.18 billion in… → Read More
Conventional wisdom has it that Apple has reached its peak and can only disappoint from now on. Yet, many financial facts don’t make sense. The market is too harsh with Apple compared to its competitors. But when it comes to products, there is an unsettling detail: there was no product release during fiscal Q2 2013. While Apple is certainly not doomed, its future looks gloomy. That’s… → Read More
During today’s Google Q1 2013 earnings call, CEO Larry Page gave us a rundown on exactly what the company has been up to in this quarter, as well as some insight into how he’s currently running the company. Page took over from Eric Schmidt in early 2011, and since then has started bringing all of the company’s services together, under the umbrella of helping people get access to… → Read More
IBM announced its Q1 2013 earnings today, reporting net revenues of $23.4 billion and earnings per share of $3.00. EPS was an improvement over last year’s numbers (of 8 percent), while revenue was down 5 percent, or 3 percent adjusting for currency. Flat software revenue and down service revenue is what led to the overall shortfall in terms of analyst expectations. Since IBM divested… → Read More
Verizon reported its Q1 2013 earnings today, including revenue for the quarter of $29.4B and EPS of $0.68. The results were mixed, topping expectations in terms of earnings per share, and falling slightly below prediction in terms of revenue estimates, according to Yahoo!’s analyst consensus. → Read More
Nokia has just reported is results for Q1 2013 with sales of $7.6 billion and a non-IFRS loss per share of $0.03 (and a reported EPS of $0.09) — a mixed result compared to analyst estimates, who had expected a loss per share of $0.05 on revenues of $8.65 billion (€6.6 billion). That estimated loss per share is effectively half of what it was a year ago, when Nokia posted a loss of $0.08… → Read More
Adobe just announced its Q1 2013 earnings, which generally beat analyst estimates. Overall revenue for the first quarter was $1.01 billion and GAAP earnings per share of $0.12 and non-GAAP earnings per share (EPS) of $0.35, ahead of the analyst consensus of $0.31 non-GAAP EPS on revenue of $986 million. Overall operating income was $240.7 million and net income was $177.9 million on a non-GAAP… → Read More
Veteran streaming radio platform Pandora released its fourth quarter earnings today, in which it saw its fiscal 2013 revenue of $427.1 million, representing a 56 percent year-over-year increase, and fourth quarter revenue of $125.1 million, an increase of 54 percent year-over-year. In turn, mobile revenue for the fourth quarter grew 111 percent year-over-year to $80.3 million. → Read More
HP just released its Q1 2013 earnings report and for once, the company beat analyst expectations: revenue was once again down 6% to $28.4 billion, but still higher than most analysts expected. The company reported an income of $1.2 billion and EPS of $0.82. Last quarter, HP still reported earnings of $30 billion and a net loss of $6.9 billion after its $8.8 billion write-down due to alleged… → Read More
Social TV and the second screen experience is quickly catching on among viewers, but the space as a whole is still nascent. While many are eager for a better social TV experience, as there’s plenty of upside for fans, advertisers and broadcasters alike, collectively we’ve all been waiting for one of these players to hit critical mass.
When Viggle announced in November that it would be merging… → Read More
AOL’s Q4 earnings today saw that company (which owns TechCrunch) finally make a turnaround, after 8 years of decline, into revenue growth, with overall sales of $599.5 million. But there are still a lot of areas that are seeing flat or declining revenues, and some that are loss-making: among those is AOL’s hyperlocal effort Patch. On the investor call today, CEO Tim Armstrong admitted that the… → Read More
AOL (owner of TechCrunch) has just reported earnings for Q4 2012: revenues came in at $599.5 million on earnings of 41 cents per share. That matches analysts expectations on EPS but beats on revenues of $573.1 million. The figures show that after years of decline, the company continues to get back on track with revenue growth. → Read More
The business-focused networking site of record, LinkedIn, rode a wave of growth through 2012, turning itself into a Wall Street darling in the process. The race to win the professional networking market isn’t really “a race” anymore, as LinkedIn dominates online networking for the world’s working professionals, now over 200 million users-strong. Oh, and it’s adding an average of two users per… → Read More
Today, Yelp announced its fourth-quarter earnings, and they weren’t as sunny as some as hoped. Net revenue was $41.2 million in Q4 of 2012 — a 65 percent growth in new revenue from 2011. In turn, net loss was $5.3 million, or $0.08 per share, compared to a net loss of $9.1 million, or $0.55 in the fourth quarter of 2011. Adjusted EBITDA was $1.8 million. → Read More
Electronic Arts has just reported lower-than-expected third-quarter fiscal year 2013 earnings today, missing on revenue but just squeaking out a win on EPS. Revenue came in at $1.18 billion for the quarter, down from $1.6 billion in the same quarter last year, while non-GAAP diluted EPS was $0.57. Non-GAAP net income was $176 million from the quarter, down from $334 million in Q3 2011. → Read More
Today is Q4 earnings day for Facebook, and we’ve learned some really interesting things about the growth of the social network. Surprisingly to some, mobile DAUs have exceeded those on the web, for the first time in the company’s history. We knew that Facebook was focused on growing its network leveraging mobile devices and platforms, but it’s impressive to see this usage… → Read More
You really have to hand it to Jeff Bezos and Amazon, which seem to continuously defy reality — and gravity. Amazon just announced its fourth-quarter earnings, and if you listen to the press, you’d think it was another home run. And if you are watching Amazon trade after-hours, you’d think this is the most buyable stock since the last time MG wrote about AAPL. Amazon is up nearly 10 percent since… → Read More
Let’s put Apple’s amazing cash on hand numbers into perspective once again. The company now has $137.1 billion in cash — a 12.9 percent increase from the last reported number, $121.3 billion. With such a big figure, it’s hard to realize how big it actually is. In 2012, HP had $120.4 billion of annual revenue. Apple slightly edges HP’s revenue with its cash. Even more impressive, Apple has… → Read More
Apple just announced its Q1 2013 earnings, and investors don’t seem to be convinced. The company missed on revenue and exceeded expectations on earnings per share. After a solid day of trading for Apple shares (NASDAQ:AAPL), the stock dropped more than 10 percent in after-hours trading, inducing a big market capitalization meltdown. It is the biggest drop of the past four years for Apple… → Read More
Streaming media giant, Netflix, released its fourth quarter earnings report today, and it was an auspicious one. The company’s revenue and subscriber numbers well exceeded expectations, with $945 million in revenue for the quarter, up from $876 million last year. These developments have gotten investors excited and Netflix is one the rise after-hours. Part of the reason for this is that Netflix… → Read More
Google unveiled its Q4 2012 earnings today, and among the numbers were its customary look at employee headcounts for the quarter, and that number tells the tale of a continued reorganization of the Motorola business it acquired last year. Overall Google’s full-time headcount went up, with 53,861 staff overall vs. 53,546 globally in Q3 2012, but the gains were all on the Google side, which added… → Read More
After last quarter’s accidental mid-day earnings leak which sent its stock price down and halted trading, Google released its Q4 2012 earnings today right on schedule. But that’s not to say there wasn’t any confusion this time around. For Q4 2012, the company reported revenues of $14.42 billion for the quarter ending Dec. 31, 2012, up 36 percent from Q4 2011. Non-GAAP EPS in the fourth quarter… → Read More
Verizon has just put out its Q4 and full-year earnings for 2012, and the top-line figure for the carrier is that it has reached the $30 billion operating revenue mark for the first time in the company’s history. This follows on from a strong performance in its newer, non-legacy lines of business, specifically Verizon Wireless and its FiOS TV and broadband services. → Read More
Internet radio service Pandora released its financial results for the Q3 2013, ending October 31 2012. Revenue is up 60 percent compared to Q3 2012 to $120 million. Pandora reported a non-GAAP earnings per share of $0.05. It represents a GAAP net income of $2.052 million. Advertising revenue was $106.3 million, a 61 percent year-over-year increase. Subscription and other revenue was $13.7 million… → Read More
HP’s earnings for Q4 ending on October 31 show a gloomy quarter. Revenue is down 7 percent to $30 billion compared to Q4 2011. But the real problem comes from GAAP net income, with a net loss of $6.9 billion, or $3.49 per share, compared to a slim net profit of $0.2 billion for Q4 2011. Non-GAAP diluted earnings per share is at $1.16 compared to $1.17 year-over-year. Most of the bad news comes… → Read More
Groupon just released its Q3 2012 earnings report, marking the company’s first full-year cycle of earnings reports since its IPO in November 2011. The company reported $568.6 million in revenue and a net operating income of $25.4 million. → Read More
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