Company beats projections, monthly users up only 2.2 percent from last quarter
Facebook released its third quarter results for the 2014 fiscal year, announcing that $3.2 billion in revenue was pulled in for the period ending September 30. The company beat Wall Street projections of an earnings per share (EPS) of $0.40 on $3.12 billion in revenue. While Facebook beat the EPS on diluted non-GAAP figures by three cents, the company posted only a $0.30 EPS under GAAP.
Best revenue performance in seven reporting periods, user growth strong
T-Mobile's growth continues according to their third quarter figures for the 2014 fiscal year. In the financial results released late Monday night, T-Mobile said it pulled in $7.35 billion in revenue for the reported period. Consumer growth hit 2.34 million, the second highest number of additions to the carrier in the last seven reporting periods.
Posts $175 million net loss, average monthly active users increase by 13 million
Twitter posted its third quarter results for fiscal year 2014, posting $361.2 million in revenue. Revenue was up compared to the same quarter in 2013, with quarter-on-quarter results improving by approximately $49 million. The company beat out analyst projections of $351.35 million, but posted lower than the $0.01 earnings per share (EPS) expected with a loss of $0.29 EPS.
Carrier pulls $33 billion in revenue, added over 2 million mobile, broadband customers
AT&T's quarterly results fell short of industry projections when the company announced $32.9 billion in revenue for the third quarter of 2014. The resulting earnings per share (EPS) was $0.63, missing the projected $0.64 EPS on $33.25 billion in revenue. While the company may have missed projections, it announced that it picked up more than two million mobile and broadband customers.
Sale of Alababa Group shares generate $6.3 billion, mobile now material
Yahoo released its third quarter financial results for 2014, stating that it pulled in approximately $1.15 billion in revenue to beat estimates. Analysts estimated that Yahoo would produce $1.04 billion in revenue, with an earnings per share of $0.30. While the revenue is good news for the company, it's due in large part to the $6.3 billion net of tax the company generated from the sale of shares of the Alibaba Group.
Net revenues positive for the first time in 2014, reduced workforce will save $9M
AMD missed analyst estimates for the third quarter of 2014 according to the results released by the company on Thursday. Thomson Reuters had estimated that the computer processor and graphics card manufacturer would see $0.04 earnings per share on $1.47 billion in revenue for the quarter. Posted financial results show that AMD saw only $1.43 billion in revenue and $0.02 earnings per share.
Revenue up 8 percent over the previous year, mobile division records $1B loss
The rebound of the PC market is benefiting Intel, according to its third quarter results for this fiscal year. In the quarterly report, Intel says that it hit $14.6 billion in revenue for the quarter, an increase of $1.1 billion year-over-year. For the first time in a quarter, Intel shipped over a 100 million microprocessors - a new record for the company. However, not all of the financial news is good, as the mobile and communications group realized a loss of more than $1 billion in the same period.
Revenues down from previous year, quarter, second half of year 'will remain a challenge'
Results for Samsung's second quarter of the 2014 fiscal year were posted today, showing declining revenues for the third straight quarter. Samsung warned investors at the beginning of the month that it expected a drop of 24 percent from 2013, missing projections in the area of $1 billion. The second quarter, which ended June 30, saw net income of only $6.1 billion (6.25 trillion won).
Revenues beat industry projections and earnings per share, user counts increase
Facebook released its quarterly earnings for the second quarter of 2014, showing a large increase year-over-year. Revenues topped out at $2.9 billion, a staggering $1.1 billion, or 61 percent, increase from 2013. The revenue jump is due largely to advertising revenue and an increase in daily and monthly active users.
Expected profits fall shy of expectations, Nokia deal responsible for $0.08 EPS hit
Microsoft released its quarterly revenue figures for the end of the 2014 fiscal year, revealing that the company pulled in $23.38 billion in revenues for the fourth quarter. While the revenue numbers beat the expectations of $23 billion, earnings per share (EPS) missed the mark at $0.55 per share. Experts polled by Thomson Reuters expected the software company to hit $0.60 EPS based on the $23 billion in revenues.
Company is 'not satisfied,' with results, declining display ad revenue to blame
Yahoo posted its second quarter 2014 results yesterday, indicating shrinking revenues from the same quarter in the previous year. The quarter, which ended on March 31, saw a decline in revenue due to disappointing results from display ad revenue. CEO Marissa Mayer realizes that there is still work to do in some areas, as the company looks toward a "unified approach" to advertising.
Analysts apparently taking Apple guidance more seriously now
Reports are surfacing that Apple may release a disappointing quarterly earnings report for investors on July 23. The consensus from 35 Wall Street pundits polled exactly matches the revenue from the year-ago quarter at $35.02 billion -- meaning zero revenue growth for the quarter, which is traditionally Apple's slowest. Apple itself said it would earn between $33.5 billion and $35.5 billion for the quarter, which ended on June 30.
Manufacturer optimistic of third quarter successes
Samsung, the world's top technology manufacturer by revenue, reported a record 6.72 trillion won ($5.9 billion) quarterly profit, up 79 percent from the same time last year. Revenue was boosted by $3.65 billion solely from its smartphone sales, as predicted by analysts and Samsung itself. The company reports television sales up from last year, primarily from 3D and LED models. Memory chip and processor sales fell slightly from the same period last year.
Steven Rosenblatt joins Foursquare in new position
Location tracking and check-in service Foursquare has hired its first Revenue Chief. Ex-Apple iAd executive Steven Rosenblatt has been hired to fill the newly created position. Foursquare's former head of business development, Tristan Walker, filled the role of revenue chief before leaving early this month.