net income

Demand Media Says It Wants to Split in Two — Spinning Off Domain Registrar Business From Media Unit

Kara Swisher in Media on February 19 at 1:16 pm PT

Is two better than one?

With Low Expectations for Q3, Wall Street Hoping for New Yahoo CEO Mayer to Shine a Light at End of Tunnel

Kara Swisher in News on October 22, 2012 at 8:49 am PT

And make sure it’s not an oncoming train.

funny-pictures-cat-is-light-at-end-of-tunnel

eBay Meets Third-Quarter Expectations With Revenues Up 15 Percent

Tricia Duryee in Commerce on October 17, 2012 at 1:35 pm PT

In the third quarter, eBay reported revenues of $3.4 billion and net income of $597 million, or 45 cents a share.

Demand Media Beats Q2 Expectations, With Revenue Up Strongly; Also Names New President

Kara Swisher in News on August 7, 2012 at 1:28 pm PT

Up is the new up.

Facebook IPO Docs Could Get Approval This Week, Followed by Road Show With Zuckerberg (No Guarantee on Tie)

Kara Swisher in Social on May 1, 2012 at 5:58 am PT

Camille, scramble the private jets, stat!

Confirmed: Schultz and Efrusy to Leave Groupon Board; “Accounting Types” Joining

Kara Swisher in Commerce on April 30, 2012 at 12:40 pm PT

Will a shake-up of the board of the daily deals company help its prospects?

Updated S-1: Facebook’s Yearly Revenue Growth Up 45 Percent, But Down Six Percent From Last Quarter

Kara Swisher in News on April 23, 2012 at 12:13 pm PT

Will the new results cause investors to worry?

Groupon Restates Earnings After Seeing a Spike in Holiday Returns

Tricia Duryee in Commerce on March 30, 2012 at 2:16 pm PT

Groupon has revised its results for the fourth quarter due to higher-than-expected return rates. The announcement sent its shares tumbling in after-hours trading.

Roadshow: CEO Pincus Not Selling Shares in Upcoming Zynga IPO

Kara Swisher in News on November 29, 2011 at 10:01 pm PT

While he has recently been portrayed as Mr. Potter of Silicon Valley, it looks like the online gaming leader will not get greedy in the IPO.

News Byte

Facebook on Track for a $3 Billion Year

John Paczkowski in News on September 7, 2011 at 11:45 am PT

Facebook earned $355 million on revenue of $1.2 billion in the first nine months of 2010, according to a private placement memorandum distributed to potential investors back in January. This year it’s generating quite a bit more. Sources close to the company tell Reuters that the social networking company raked in $1.6 billion in revenue in the first half of 2011. Of that, $500 million is reportedly net income. Impressive results that can only help Facebook as it heads toward an expected IPO sometime in 2012.