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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

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Facebook’s 3Q earnings exceed expectations with revenue over $2B

The biggest name in social media just keeps on trucking. Facebook’s quarterly report exceeded analyst expectations, reporting $2.02 billion in revenue and earnings of 22 cents per share. Revenue grew 60 percent year-over-year, from $1.26 billion in Q3 2012. Analysts expected $1.9 billion in revenue, with earnings of 19 cents per share. The increase in revenue… Read More

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Apple beats expectations, iPhone sales rise 25 percent

Apple sold 33.8 million iPhones — a 25 percent increase and a record for its September quarter — and beat Wall Street’s expectations with revenue of $37.5 billion and earnings of $8.26 per share, according to results just posted for the company’s latest quarter. The results include the first week of sales of the iPhone… Read More

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Microsoft’s financial results show how hardware is reshaping its business

One of the built-in benefits of Microsoft’s traditional software business has been the giant profit margins. In its quarterly earnings report today, for example, the company’s commercial licensing segment (including sales of Windows and Office to businesses) had a gross margin of $8.8 billion on revenue of $9.5 billion. That’s more than 90 percent. But… Read More

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Meet the new Microsoft: New reporting segments debut with quarterly earnings today

Microsoft’s largest division isn’t Windows or Office anymore. It’s “Commercial Licensing” — with more than $39 billion in revenue last fiscal year, representing more than half of the company’s overall business. That’s one example of the mental adjustment that investors, analysts and Microsoft watchers will need to make as the company debuts its new financial… Read More

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Shares of F5 up 7% in after hours, profits increase by $8M

Shares of F5 Networks were up more than seven percent in after hours trading today following the company’s fourth quarter earnings report, which noted a profit increase of 13 percent from this time last year. F5 saw $395.3 million in revenue and $76.2 million in profits, an increase from $68.2 million last quarter and $67.7 million a year earlier…. Read More

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Bsquare CEO ‘disappointed’ with $805,000 loss in Q2

Bsquare CEO Brian Crowley said Tuesday that he was disappointed with the company’s second quarter performance, noting that revenue fell 11 percent and net loss grew to $805,000. But he also said that recent changes now taking place at the company are starting to take root. “During the quarter we completed the transition of our North… Read More

Truia CEO Pete Flint

Shares of Trulia soar after Q2 revenues rise 77 percent to $29.7 million

Trulia, the San Francisco-based online real estate company that competes directly with Zillow, is seeing its shares rise more than eight percent in after-hours trading following a strong second quarter earnings announcement. Trulia, which agreed to gobble up Kirkland-based Market Leader for $355 million in May, said that revenues rose 77 percent to a record… Read More

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Shares of Expedia tumble 25 percent after online travel giant hits Q2 ‘headwinds’

Shares of Expedia are getting trashed in after-hours trading, following the Bellevue company’s latest earnings announcement which showed a 27 percent decline in adjusted net income. The company’s earnings missed targets, which analysts had estimated would come in at an average of 79 cents earnings per share. The company came in at 64 cents earnings… Read More

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Shares of F5 surge after profits reach $68.2 million

Shares of F5 Networks took off in after hours trading following the company’s quarterly earnings announcement. F5, a maker of hardware and software products that speed up the delivery of applications, posted revenue of $370.3 million, up six percent over the previous quarter. Net income came in at $68.2 million, up from $63.4 million in… Read More