News tagged with company earnings

Groupon fails to turn profit as revenue grows

Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.

Technology / Business

created Feb 08, 2012 | popularity not rated yet | comments 0

Apple shares soar, edges ExxonMobil in market cap

Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.

Technology / Business

created Jan 25, 2012 | popularity 1 / 5 (4) | comments 2

In rare miss, Apple 4Q earnings disappoint (Update)

Apple, the juggernaut of consumer electronics, stumbled in its latest quarter, as the later-than-usual launch of the new iPhone held back sales.

Technology / Business

created Oct 18, 2011 | popularity 5 / 5 (2) | comments 1

Zynga investors worry about growth, shares slump

(AP) -- Shares of Zynga Inc. declined further on Friday, even after the online game maker reported first-quarter results that surpassed Wall Street's expectations. Nervous investors are looking for any signs of a slowdown ...

Technology / Business

created Apr 27, 2012 | popularity not rated yet | comments 1

Social games star Zynga in the red, but optimistic (Update)

Online social games star Zynga stayed in the red in its second quarter as a publicly traded company but on Thursday promised better days ahead with the help of play on smartphones and tablet computers.

Technology / Business

created Apr 26, 2012 | popularity not rated yet | comments 1

Nintendo posts first annual loss

Japanese videogame giant Nintendo on Thursday posted its first annual loss since becoming a public company, blaming a soaring yen and price cuts on its consoles for sinking it $530 million into the red.

Technology / Business

created Apr 26, 2012 | popularity not rated yet | comments 1

Facebook reports lower 1Q net income

(AP) -- Facebook's first-quarter net income fell 12 percent, weighed down by higher expenses even as its revenue soared, the social networking company said Monday, just a few weeks ahead of its expected initial public offering ...

Technology / Business

created Apr 23, 2012 | popularity not rated yet | comments 0

Yahoo's 1Q results show progress under new CEO (Update)

(AP) -- Yahoo's first-quarter results showed signs of progress that may help boost the credibility of recently hired CEO Scott Thompson as he tries to turn around the long-sputtering Internet company.

Technology / Business

created Apr 17, 2012 | popularity not rated yet | comments 0

Pandora shares plunge as earnings fall short

Pandora shares plunged on Tuesday after the Internet radio company posted earnings that fell short of the expectations of Wall Street analysts.

Technology / Business

created Mar 07, 2012 | popularity 4 / 5 (1) | comments 0

Sony's Hirai to replace Stringer as CEO in April

(AP) -- Sony Corp. announced Wednesday that Kazuo Hirai, who leads the company's core consumer products business, will replace Howard Stringer as CEO and president effective April 1, as the electronics and ...

Technology / Business

created Feb 01, 2012 | popularity not rated yet | comments 1

IBM 4Q earnings beat estimates, revenue falls shy (Update)

IBM Corp.'s fourth-quarter earnings handily beat Wall Street's expectations on Thursday, helped by higher revenue and profit margins in the technology icon's lucrative software and services segments.

Technology / Business

created Jan 19, 2012 | popularity not rated yet | comments 0

US travel site TripAdvisor hits market with thud

Shares of popular travel ratings website TripAdvisor sank about five percent on their first day trading publicly Wednesday, as US investors remained skittish about new tech listings.

Technology / Business

created Dec 21, 2011 | popularity not rated yet | comments 0

Lam Research buying Novellus Systems in $3.3B deal

Semiconductor equipment maker Lam Research Corp. is buying rival Novellus Systems Inc. for $3.3 billion in stock, the companies announced Wednesday.

Technology / Business

created Dec 15, 2011 | popularity not rated yet | comments 0

Wind turbine maker's shares tumble on profit alert

Shares in Danish company Vestas, the world leader in the wind turbine industry, plunged by 20 percent on Monday after the company issued a full-year profit warning over delays on several projects.

Technology / Business

created Oct 31, 2011 | popularity 5 / 5 (1) | comments 0

Pay TV industry loses record number of subscribers

(AP) -- The weak economy is hitting Americans where they spend a lot of their free time: at the TV set.

Technology / Telecom

created Aug 10, 2011 | popularity 4.8 / 5 (5) | comments 13