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Samsung reports 15 percent revenue drop from previous quarter

07/31, 12:00am

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).

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Facebook hits $2.9 billion in second quarter revenues, up 61 percent

07/23, 5:40pm

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.

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Microsoft hits $23.4 billion revenue in Q4, earnings share decreasing

07/22, 5:38pm

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.

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Yahoo reports second quarter 2014 results, fails to hit 2013 revenues

07/16, 7:49pm

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.

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Wall Street: Apple to report zero y-o-y revenue growth in fiscal Q3

07/10, 8:39pm

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.

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Samsung reports record-setting $5.9 billion quarterly profit

07/26, 9:39pm

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.

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Ex-Apple iAd exec new Foursquare revenue chief

05/18, 4:28pm

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.

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