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


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


Facebook earnings beat expectations as Q2 revenue reaches $1.8B

Facebook’s second quarter earnings report showed the social networking company’s revenue up 53% from the same period last year, exceeding Wall Street’s expectations. The company reported unaudited revenue of 1.8 billion dollars, almost 12 percent above analyst expectations. Excluding certain items, the company’s Q2 profit was $488 million, with adjusted earnings per share of 19… Read More


Facebook earnings preview: Cautious optimism from analysts

It has now been more than a year since Facebook’s lackluster IPO, and Wall Street analysts seem cautiously optimistic about the company’s future. Analysts are expecting revenues of nearly $1.62 billion, which translates to 14 cents per share, when the company announces earnings this afternoon. That’s up 37 percent from Q2 of last year, when… Read More


Apple CEO Tim Cook: High revenue follows good products

According to Apple CEO Tim Cook, just because Apple doesn’t build products with Wall Street in mind doesn’t mean they’re not interested in making money. In fact, Cook says that the company’s focus is actually better for its profitability. As a part of the question-and-answer period during Apple’s third quarter earnings call, Tim Cook was… Read More


All eyes on the iPhone as Apple preps for earnings release

Today will see the release of Apple’s quarterly earnings, and Wall Street is waiting with bated breath to see what the company’s financials look like for this quarter. According to the Thomson Reuters survey, the average expectation from Wall Street analysts is earnings of $7.32 a share, with revenue of $35 billion. Apple’s Peter Oppenheimer… Read More


Google’s Q2 earnings miss estimates for revenue, profit

While Google’s stock hit an all-time high earlier this week, the search giant’s second quarter earnings posted Thursday came up short of analyst estimates both for revenue and profit. Wall Street predicted that the company would report second-quarter earnings per share (EPS) of $10.78 on revenue of $14.45 billion. However, Google actually posted non-GAAP earnings per… Read More

Amy Hood

Microsoft earnings due out today amid internal shakeup

Microsoft will report its financial results for its fiscal fourth quarter and year this afternoon — providing the latest glimpse of Windows 8′s uptake and the performance of the rest of its business. The report will be the first for new Microsoft finance chief Amy Hood. It comes a week after the company announced a… Read More


Shares of Blucora spike as profit doubles in first quarter

Blucora, the Bellevue search and tax preparation company formerly known as InfoSpace, today reported a 43 percent first quarter revenue growth from the same time last year. Shares jumped nearly 10 percent in after hours trading. Revenue for the quarter was $165.3 million, with net income of $23.6 million, a growth of 107 percent from Q1 2012…. Read More


Supercomputer maker Cray slips to $7.6M net loss

Seattle supercomputer maker Cray today posted a first quarter net loss of $7.6 million on revenue of $79.5 million. That compared to net income of $5 million on revenue of $112.3 million for the same period last year. The company’s profit margin also shrunk to 30 percent from 40 percent, with the product margin also… Read More


Zillow revenue grows 73% as it squeaks out a small profit

Zillow, the Seattle online real estate company, today posted a 73 percent increase in fourth quarter revenue as the number of Premier Agent subscribers grew by 2,770. It now has 29,473 agents in the program, up 87 percent year-over-year. Zillow — which acquired three companies in the fourth quarter to bolster its offerings in rentals… Read More


Expedia revenue hits $975M on strength of hotel business

Expedia is flying high again. The Bellevue-based online travel giant today posted fourth quarter revenue of $975 million, a 24 percent increase over the same period in 2011. For the year, the company topped $4 billion in revenue, a 17 percent increase. Net income dropped to $6.9 million, down from $70 million for the same… Read More


Yahoo posts revenue growth for first time in four years

Marissa Mayer continues to make her mark at Yahoo. The company today reported revenue of $1.3 billion for the fourth quarter, a two percent increase over the same period last year and the first revenue growth in four years. Revenue for the full year came in at $4.986 billion — a slight increase over the… Read More


Shares of F5 jump as profits rise

F5 Networks, the Seattle maker of networking equipment and software, today posted a revenue increase of 13 percent for its fiscal first quarter as profits also rose. The company tabulated $365.5 million in revenue, up from $322.4 million for the same period last year. Net income increased to $69.5 million, up from $66.5 million. Shares… Read More

T-Mobile's headquarters in Bellevue

T-Mobile USA posts mixed results, big MetroPCS charge

T-Mobile USA was able to add a net total of 160,000 customers in the third quarter, growing to 33.3 million customers in all, but the gain came largely from prepaid mobile phone users, and the company continued to experience a decline in the number of customers on long-term contracts. The Bellevue-based company, part of Deutsche… Read More