Social gaming giant Zynga will not make its public trading debut until after the U.S. Thanksgiving holiday, according to a report by Bloomberg News.
Zynga returned to profitability in its most recent quarter and its revenue rose 80 percent year over year to $307 million. Its monthly players fell from 228 million at the end of June to 227 million at the end of September.
Spotify uses flashbacks to tell a girl's story of her teenage cheerleading team and their secret "Toilet Paper Committee." The TPC put on bandannas and war paint, pile into a car with mass amounts of toilet paper, and find the best houses to hit.Music streaming service Spotify is taking competitors Pandora and iTunes Radio head-on with the release of its first US TV ad campaign.
. Gross bookings were $641.1 million, which is up from the previous quarter of $632 million. EPS was $0.61 versus analyst estimates of $0.57.Monthly active users were 481 million, up from the previous quarter which had 408 million monthly active users. Daily active users were also up: 143 million versus 124 million the quarter before.
Shares of TubeMogul, a digital branding company, surged more than 60% in their public debut Friday. TubeMogul priced its IPO at $7 per share, and the stock finished Friday at $11.50 for a gain of 64% on its first day of trade. At its current stock price, TubeMogul's market cap is about $329 million. TubeMogul is a software company that operates a video advertising platform.
$72.6 million in revenue during Q1 versus expectations of $75.52 million. It had EPS of -$0.12, versus expectations of -$0.10.The guidance is really bad.Analysts were looking for $96.4 million next quarter, but Millennial is forecastingMillennial went public at the end of March 2012. After its first day of trading, the stock was at $23.50. After hours, the stock is down to $2.90.
We achieved our best-ever revenue and strong profits in the third quarter. There is more to do, but our results give us confidence that we're successfully executing to our strategy of extending our products across a broad range of exciting new markets," said Intel CEO Brian Krzanich.Intel's third quarter earnings beat expectations and shares were up as much as 2% in after hours trade.
Oracle just report its first-quarter fiscal 2015 earnings its another miss: $0.62 EPS versus expectations of $0.64. Revenue of $8.06 billion versus expectations of $8.77 billion. And it just shocked to the world by reporting that co-founder Larry Ellison is stepping down as CEO. He was the longest sitting CEO in Silicon Valley and gave no indications that he had planned to retire anytime soon.
. Shipments have now declined for eight consecutive quarters on a year-over-year basis.Sequentially, shipments in the second quarter actually ticked up 23% compared to the first quarter of 2014, when shipments hit a previous record low of 1.8 million units.
GoPro, the portable camera company, filed for its IPO Monday . The company is profitable. It made $61 million in 2013. Revenue seems to be growing nicely year over year too. The company generated $986 million in 2013, up from $526 million in 2012 and $234 million in 2011. Now for some weird stuff. Quarter by quarter, revenue appears to be all over the place.
When you travel the world, having a few drinks with your hosts is a great way to get a sense of the local culture. But excessive alcohol consumption can cause physiological consequences . Don't worry—a hangover is universal, and your new friends probably already know a way to cope with it.Read more...
The action camera maker GoPro filed paperwork on Monday to sell shares to the public, offering clues about how it navigated the treacherous waters of the digital photography business.The company, based in San Mateo, Calif.
Though HTC lost moneylast quarter, it had just launched its One M8 flagship togreat reviews, andpromisedthe new handset would put a halt to the red ink. The (unaudited) numbers are now in and back up that boast. The company scored a NT$2.8 billion profit ($92 million) on NT$65 billion ($2.2 billion) in revenue, nearly matching sales from last year and turning around astreak of losses.
Investors are not happy with Oracle right now and it cost its co-founder and CTO Larry Ellison, close to $2 billion on Friday. Ellison is Oracle's largest shareholder with over 1 billion shares, a 25% stake. So he gets hurt when the stock drops as it did by about 4% on Friday. That's because Oracle reported yet another weaker-than-expected quarter on Thursday.
Shares are trading at about $28 on Wednesday after reaching a high of over $97 in March (the 52-week range is 27.22 - 97.35, most of it since March). When it launched as a public company in September, it priced its shares at $20.One reason why analysts have been so hot on the company is because the company's flagship product solves a really hard computer security problem.
$583.3 million, which was well ahead of analyst expectations of $577.7 million.EPS was a miss, as analysts were looking for $0.45 per share.Here, from AOL's earnings presentation, is a summary of its results:And here is where the ad growth is coming from for AOL:AOL Inc reported an 8% rise in first-quarter revenue, helped by an increase in ad sales.
Shares of Oracle were down as much as 3% in after hours trade on Thursday after the company announced the CEO Larry Ellison would be stepping down . Ellison will be taking a role as executive chairman and CTO. Oracle also announced that both Safra Catz and Mark Hurd will serve as CEO of the company. The company also reported earnings and revenue that missed expectations.
Intel reported Q2 EPS of $0.55 on revenue of $13.8 billion. Analysts were expecting earnings per share of $0.52 on revenue of $13.71 billion. Following the numbers, shares of Intel were up 2.7% in after hours trade. For the third quarter, the company expects revenue of $14.4 billion, plus or minus $500 million. The company also expects to incur $20 million worth of restructuring charges during Q3.
To no one's surprise, Google -- the company that builds everything from web email services toself-driving cars-- has once again climbed therevenue charts. Today in its quarterly earnings report, the Mountain View company reported it's raked in $15.96 billion in revenue this quarter, which is about a 22 percent growth year-over-year.