non-GAAP

Exclusive: Groupon Will Dump Controversial ACSOI Accounting in Amended IPO Filing

Kara Swisher in Commerce on August 5, 2011 at 2:49 pm PT

The social buying phenom is planning to bid goodbye — and good riddance — to its lightning rod of an accounting metric.

Not So Much on Groupon IPO Delay, But SEC Scrutiny Still a Drag

Kara Swisher in Commerce on July 27, 2011 at 11:51 am PT

The Groupon public offering is still on schedule, despite a CNBC report saying it is delayed, but it is also not without its bumps.

Demand Media's IPO Is On Deck, With Amended Filing

Kara Swisher in News on October 29, 2010 at 8:18 am PT

Demand Media, which posted its regulatory S-1 filing in August, filed an amended version today that is likely to allow it to move quickly to an initial public offering. It now must now wait for the Securities and Exchange Commission to approve the filing, after the which the execs of the Santa Monica, Calif.-based Demand will immediately to go on a road show for several weeks to try to convince investors to jump on board. Then, if there’s enough interest, the IPO is likely to come before the holidays.

The Lesson of Demand Media (And AOL): The Online Content Business Is a Looooong March to the Big Time

Kara Swisher in News on August 9, 2010 at 2:56 pm PT

After news of the Demand Media IPO filing came out late last week, I was not that surprised to get an email from someone deeply involved in building an online content business. “If they are worth over a billion with those financials, I can’t wait to find out what we are worth. What am I missing?” Well, nothing actually, as Demand’s filing to raise $125 million in an initial public offering at a reported $1.5 billion valuation showed that making it big in the online content business was still slow going. It is a lesson investors can also learn from AOL’s recent travails.

Yahoo Surprises Slightly in 2Q Earnings, But Not on Revenues

Kara Swisher in News on July 20, 2010 at 1:20 pm PT

Yahoo said it had earned 15 cents a share in net income–a rise of 53 percent compared to last year-in its second-quarters earnings today, after the markets closed, on an only slight rise in gross revenue. Wall Street had expected the Internet giant to earn 14 cents a share in the three months. Yahoo CEO Carol Bartz has been touting improved margins and stronger operating income over longer-term worries about lack of innovative vision. But the lack of revenue growth is the real issue.

HP Beats Estimates, Raises Outlook

John Paczkowski in News on February 17, 2010 at 1:50 pm PT

“Hewlett-Packard is our favorite name for this next batch of earnings reports,” Credit Suisse analyst Bill Shope wrote in a research note published last week. Today we found out why. After market close, the tech bellwether posted financials that exceeded analysts’ estimates.

Palm Disappoints

John Paczkowski in News on December 17, 2009 at 1:26 pm PT

The second-quarter loss Palm reported Thursday afternoon was narrower than the one it reported last year, but still fell far short of what Wall Street had been expecting. The company did manage to ship a total of 783,000 smartphone units during the quarter, though, a five percent decrease from last quarter but a year-over-year increase of 41 percent.

HP to Acquire 3Com in Dig at Cisco

John Paczkowski in News on November 11, 2009 at 1:29 pm PT

Another big acquisition for Silicon Valley. Hewlett-Packard said Thursday said it would acquire networking gear outfit 3Com for $2.7 billion, or $7.90 a share. The acquisition, which has been approved by both companies’ boards, will bolster HP’s Ethernet switching offerings and, thanks to 3Com’s routing business, intensify competition with rival Cisco.

Oracle Earnings: Miss and Match

John Paczkowski in News on September 16, 2009 at 1:15 pm PT

Oracle shares are slipping after market trading today on news of the company’s latest financials. Seems that while Oracle’s earnings were in line with the Street’s expectations, sales were not.

What Was It Oracle Wants With Sun, Again? Redux.

John Paczkowski in News on September 16, 2009 at 9:32 am PT

Oracle’s pending acquisition of Sun will undoubtedly be the subject of much discussion this afternoon when the database behemoth reports fiscal first-quarter earnings after the market close. Indeed, there’s quite a bit of jawing about it already, particularly about Oracle’s continued commitment to the deal in light of the ugly decline in Sun’s revenues and profitability since it was announced in April.