February 19th, 2013

Yandex, The Google Of Russia, Beats Estimates On Sales of $290M As Search Volume Grows, But Domestic Share Stagnates At 60.5%

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Yandex, the “Google of Russia” that runs the country’s dominant search engine along with a number of cloud-based apps, has just announced its quarterly and full-year earnings. And while the company saw one setback in its efforts to expand its presence internationally and on to new platforms like mobile, the mainline figures show that the company continues to grow. In the quarter that ended… → Read More

February 8th, 2013

AOL’s Hyperlocal Effort Patch Misses $40M-50M Sales Target, Partly Because Of Sandy, Still Aiming For Profitability In 2013

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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

February 8th, 2013

AOL Q4 2012 Beats The Street On Sales Of $600M, Showing Its First Revenue Growth In 8 Years

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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

January 29th, 2013

WTF: Amazon Barely Ekes Out Profit On $21B In Sales, Hits Negative P/E, Misses Estimates, Guidance, Yet Stock Jumps 10%

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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