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.
John Paczkowski in News on June 24, 2010 at 2:22 pm PT
Oracle’s fourth quarter was a strong one, thanks to increasing software sales and new revenue from the acquisition of Sun Microsystems. Posting financials after the bell Thursday, Oracle reported earnings of 60 cents per share and $9.6 billion in revenue, beating the consensus estimate which called for 54 cents per share and $9.5 billion in revenue.
Peter Kafka in Media on May 5, 2010 at 4:37 am PT
Maybe the magazine business really did touch bottom last year. At least at Time Warner’s giant Time Inc. unit: The publisher says ad revenue and subscription dollars actually increased in the first three months of 2010.
Peter Kafka in Media on May 4, 2010 at 2:56 pm PT
Remember Rupert Murdoch’s plan to convince other media companies to join him behind a pay wall and offer their stuff only via subscription? It’s still around, in some form. We’ll hear more about it in “three to four weeks” Murdoch said today during News Corp.’s earnings call.
Peter Kafka in Media on May 4, 2010 at 1:16 pm PT
Wall Street was expecting big things from “Avatar”–this is what happens when you’re the biggest movie in history–and it delivered.
The film’s performance helped push News Corp.’s quarterly earnings above Wall Street’s expectations, generating revenue of $8.8 billion and earnings of 32 cents per share. Analysts had been looking for $8.23 billion and 22 cents, respectively.
John Paczkowski in News on May 4, 2010 at 5:01 am PT
Sirius XM Radio’s latest quarter turned out to be a decent one for the satellite radio operator. Posting first-quarter earnings this morning, the company reported a profit of $41.6 million, or one cent a share, compared with a year-earlier loss of $52.6 million, or seven cents a share.
John Paczkowski in News on March 25, 2010 at 1:15 pm PT
Evidently, Oracle’s integration of Sun is coming along well. Reporting third-quarter earnings that were in line with Street estimates after market close Thursday, the company offered an enthusiastic update on its ingestion of the former Silicon Valley icon. “The Sun integration is going even better than we expected,” said Oracle President Safra Catz.
John Paczkowski in News on January 28, 2010 at 1:35 pm PT
Reporting second-quarter earnings in January 2009, Microsoft–beaten down by the worst PC market in several years–announced the first mass layoffs in the its 35-year history. Ugly times. But what a difference a year makes. Microsoft just reported earnings for its second fiscal quarter, posting significant gains in sales and profits.
John Paczkowski in Mobile on January 20, 2010 at 6:00 am PT
At least $5 billion, and perhaps as much as $7 billion. That’s what it would cost AT&T to match Verizon’s current level of investment in network infrastructure and, presumably, match its performance. Or at least, to quiet all the irate iPhone users carping about AT&T’s poor network performance compared with its rival’s.
Peter Kafka in Media on November 13, 2009 at 6:43 am PT
Little by little, AOL is offering investors more and more details about what the company will look like after it spins off from Time Warner. But the more AOL discloses, the less attractive the company looks. The newest problem: AOL’s steady flow of Google money is going away.
