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 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 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