quarterly report

  • Groupon’s Q1 Results: Beats With $601.4 Million In Revenue, Stock Up 11% In After-Hours Trading

    Groupon’s Q1 Results: Beats With $601.4 Million In Revenue, Stock Up 11% In After-Hours Trading

    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… Read More

  • Pandora’s Q2 2013: $101.3M In Revenue, 54.9M Active Users, And A Net Loss Of $5.4M

    Pandora’s Q2 2013: $101.3M In Revenue, 54.9M Active Users, And A Net Loss Of $5.4M

    Internet music service Pandora just announced its financial results for the second quarter of its fiscal 2013. The company posted total revenue of $101.3 million, which was up 51 percent year-over-year. Yet, Pandora still reported a net loss per share of $0.03. As always, the most important expense for Pandora is content acquisition — in other words, music royalties. Non-GAAP earnings… Read More

  • Pandora’s Quarterly Results: $80.8M In Revenue, 52M Active Users & 3.09B Listening Hours

    Pandora’s Quarterly Results: $80.8M In Revenue, 52M Active Users & 3.09B Listening Hours

    Internet music service Pandora just announced its financial results for the first quarter of its fiscal 2013. The company had a total revenue of $80.8 million, a 58% increase year-over-year. Out of these $80.8 million, $70.6 million came from advertising revenue and $10.2 million from subscription revenue. Advertising revenue increased 62% year-over-year and subscription revenue increased 38%. Read More

  • HP: 27,000 Job Cuts To Save Up To $3.5B By 2014, Q2 Sales Down 3% To $30.7B

    HP: 27,000 Job Cuts To Save Up To $3.5B By 2014, Q2 Sales Down 3% To $30.7B

    A mixed bag of news for HP today: it has posted Q2 sales that have just edged out analyst expectations, but it has also confirmed 27,000 job cuts that should save the company between $3 billion and $3.5 billion by 2014. The company is a tech behemoth: it employs 350,000 people worldwide, before these cuts were announced. This means the cuts are equivalent to about 8 percent of its workforce. Read More

  • Verizon escapes economic hard times, thanks again to wireless


    Verizon reported another strong quarter, with little thanks to the few remaining landline customers. Verizon Communications, the 51% parent to Verizon Wireless, says its second quarter earnings were up 12%, reaching $1.88 billion, or 66 cents per share, up from $1.68 billion, or 58 cents per share a year ago, even as more landline customers disconnected service. The company reported an… Read More

  • Verizon escapes economic hard times, thanks again to wireless


    Verizon reported another strong quarter, with little thanks to the few remaining landline customers. Verizon Communications, the 51% parent to Verizon Wireless, says its second quarter earnings were up 12%, reaching $1.88 billion, or 66 cents per share, from $1.68 billion, or 58 cents per share a year ago, even as more landline customers disconnected service. The company reported an 11.4%… Read More