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Amazon reports $19.7B in quarterly revenue, earnings in line with expectations at 23 cents a share

Amazon reported today that it made $19.74 billion in revenue during the first quarter of 2014, up nearly 23 percent from almost $16.1 billion in the year-ago quarter. That beat expectations from financial analysts surveyed by Thomson Reuters of more than $19.4 billion in quarterly revenue. The company met analyst expectations with earnings of 23 cents per share, up more… Read More

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Zynga beats Q1 expectations with $168 million in revenue, driven by mobile improvements

For the first time, Zynga said more people are playing its games on phones than they are computers, indicating that the social-gaming leader has started to make progress on becoming a mobile-first company. In the first quarter, the San Francisco company lost $61.2 million, or 7 cents a share, on revenues of $168 million to beat analyst expectations of $148… Read More

Apple's University Village store. (Credit: Apple)

Apple smashes estimates with revenue of $45.6 billion, earnings of $11.62 per share

Apple reported today that it brought in $45.6 billion in revenue during the second quarter of its fiscal year, up more than 4.5 percent year-over-year. That beat analyst expectations of $43.6 billion in quarterly revenue, which is a positive sign for the company. The company beat expectations with earnings of $11.62 per share, up more than 15… Read More

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Zynga shuffles the decks: Xbox’s Alex Garden named president of studios; Pincus steps down from product role

As part of the game company’s first-quarter earnings, Zynga has made a number of executive-level changes, hinting that it needs to do even more before it can complete a full turnaround. Starting at the very top, Founder Mark Pincus will no longer serve in an operational role, and will step down as chief product officer. He… Read More

Apple's University Village store. (Credit: Apple)

Analysts project flat March quarter financials from Apple

Apple is going to announce its quarterly earnings tomorrow, and investors are skeptically watching the company to see what’s new. Last quarter, Apple’s stock fell following its earnings release after the company announced guidance for this quarter that showed a year-over-year revenue decline, in part because of some changes in accounting practices. But while the drop… Read More

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Marchex boosts revenues, profits

Seattle mobile advertising company Marchex today reported revenue of $39.7 million, and net income of $597,000 for the fourth quarter. That compares to revenue of $32.4 million and a net loss of $33.5 million in the same period in 2012. “Marchex made significant strides in 2013 as we expanded our Call Analytics technology, won new… Read More

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Zillow posts record net income of $2.7M as Q4 sales rise 70%

Zillow just posted another blockbuster quarter, beating analysts estimates and charging ahead of its original forecasts. The Seattle online real estate company, which was founded in 2005 by former Expedia veterans Rich Barton and Lloyd Frink, posted record revenue of $58.3 million for the fourth quarter, up 70 percent over the same period in 2012…. Read More

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Twitter smashes expectations with $243M in Q4 revenue, but user growth slows

Twitter reported today that its revenue for the fourth quarter of 2013 reached $243 million, up 116 percent year-over-year, marking a positive end to its first quarter as a publicly-traded company. The company reported non-GAAP earnings of 2 cents per share, and non-GAAP profit of $10 million. Those numbers soundly beat expectations from the Thomson Reuters… Read More

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Chart: Here’s why Amazon needs to jack up the price of Prime

Amazon’s net shipping costs — the difference between how much it charges customers for shipping and how much it actually spends to get their purchases in their hands — hit a new high in the fourth quarter, topping $1.2 billion. Those are the underlying economics driving the company’s announcement yesterday that it’s considering raising the… Read More

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Google reports almost $16.7B in quarterly revenue, earnings below expectations

Google announced today that its revenue for the fourth quarter of 2013 was $16.68 billion, up 17 percent year-over-year, along with earnings of $12.01 per share. The company’s profit for the quarter was $4.1 billion, up from $3.57 billion in the year-ago quarter. The company beat expectations from the Thomson Reuters survey of financial analysts,… Read More

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Chart: Here’s why Wall Street hates Apple

Over the past two days, Apple’s stock price has fallen to just above $500 a share, down from where it sat above $550 before its earnings release on Monday. Here’s why, according to a new chart from Statista: The Cupertino-based maker of iPhones, iPads and Macs has seen declining revenue and profit growth over the… Read More

Apple's University Village store. (Credit: Apple)

Apple reports quarterly revenue of $57.6B, driven by record iPhone, iPad sales

Apple announced today that its revenue for the quarter ending in December of last year was $57.6 billion, up almost 5.7 percent year-over-year. The company reported a net profit of $13.1 billion, and earnings of $14.50 per share. That means the Cupertino-based company beat expectations from a survey of analysts conducted by Thomson Reuters of… Read More

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Apple’s revenue should top $57 billion for December quarter, analysts say

Quarterly earnings season ticks on this week, with Apple entering the fiscal spotlight this afternoon as it announces its fiscal first-quarter earnings — including numbers for the peak holiday shopping season. If analyst projections are right, Apple’s revenue should top $57.45 billion, up 5 percent year over year, with earnings of $14.07 per share, according… Read More

Concur CEO Steve Singh

Concur posts 31% revenue gain, says $1B annual revenue run rate ‘now in sight’

Concur, the Bellevue maker of travel and entertainment expense management software, added 4,000 new customers during its past fiscal year and reported a 23.5 percent increase in non-GAAP revenue, jumping to $543 million. For the most recent quarter, non-GAAP revenues increased 31 percent to $154.2 million. The company’s net loss for the fourth quarter was… Read More