earnings

LinkedIn Profit Jumps 30 Percent as Revenue More Than Doubles

John Letzing, Reporter, The Wall Street Journal in Social on February 9 at 3:45 pm PT

LinkedIn Corp.’s profit jumped 30 percent and its revenue more than doubled in its latest quarter, providing a lift to the young social-networking industry ahead of Facebook Inc.’s public offering later this year.

Seven Questions for Cisco Systems CEO John Chambers

Arik Hesseldahl in News on February 9 at 1:50 pm PT

In an AllThingsD interview, Cisco Systems’ CEO talks about the company’s turnaround, the hurdles ahead and how badly he wants to bring his company’s cash home.

Groupon’s Mason on Strategy, Investment and (Finally) a Way to Stop Those Pole-Dancing Offers

Tricia Duryee in Commerce on February 8 at 4:56 pm PT

Groupon’s CEO Andrew Mason is known for his sense of humor, but during the company’s first earnings call today, it was all business … pretty much.

Cisco Fits Back in Its Skinny Jeans, Drops $1 Billion in Annual Costs

Arik Hesseldahl in News on February 8 at 2:21 pm PT

Cisco hits an important goal of its restructuring one quarter early.

Groupon Reports Quarterly Loss, But Beats Revenue Expectations in Its First Earnings Release

Tricia Duryee in Commerce on February 8 at 1:15 pm PT

Groupon’s revenue surged 194 percent year over year to $506.5 million to beat analysts expectations; however, the company did not cut back expenses enough to turn a profit.

Cisco Reports: It’s Getting Better

Arik Hesseldahl in News on February 8 at 1:12 pm PT

The turnaround appears to be taking hold as sales and profits both beat analyst’s forecast. Also? A dividend boost to make shareholders happy.

News Byte

News Corp.’s PhoneGate Tab Keeps Rising

Peter Kafka in Media on February 8 at 1:12 pm PT

News Corp. says investigations into the PhoneGate scandal cost it $87 million in the last quarter. That’s on top of $17 million in legal/advisory fees in the previous quarter, plus a $91 million restructuring charge the company took when it shuttered the News of the World. The media conglomerate, which owns this Web site, reported adjusted earnings of $0.39 a share and revenue of $8.98 billion; Wall Street had been expecting $0.34 a share and $8.94 billion.

Will the Turnaround at Cisco Systems Stick?

Arik Hesseldahl in News on February 8 at 6:25 am PT

Is the restructuring by CEO John Chambers at Cisco Systems taking hold? Today’s earnings announcement should tell the tale.

News Byte

Time Warner Beats Q4 Estimates

Peter Kafka in Media on February 8 at 4:10 am PT

Media giant Time Warner turned in a Q4 report card that beat Wall Street’s expectations, generating adjusted earnings of $0.94 per share on revenue of $8.2 billion. Analysts had expected $0.87 per share and $8.1 billion. Revenue was up 5 percent on the year.

Disney Profit Rises 12 Percent

William Launder and Drew FitzGerald, Reporters, The Wall Street Journal in Media on February 7 at 5:30 pm PT

Walt Disney Co.’s fiscal first-quarter profit rose 12 percent, helped by revised contracts with broadcast affiliates and increased customer spending and attendance at its theme parks.