Shares of Concur fall despite revenues increasing 26%

Shares of Concur are down more than five percent in trading today despite the fact that the company beat its expectations for revenue, cash flow and other financial metrics during its fiscal third quarter. “Our core business continues to perform ahead of our expectations across all geographies and channels,” said CEO Steve Singh in a statement…. Read More


Cray boosts revenues as it awaits word on $150M order

Supercomputer maker Cray Inc. today reported net income of $147.4 million on revenue of $84.2 million, a “strong quarter” in the words of CEO Peter Ungaro. The boost in net income came in part through a $139.1 million gain tied to the company’s sale of its interconnect hardware development program to Intel Corporation. The company, whose… Read More


InfoSpace shares soar after big revenue boost from new TaxAct unit

Investors are liking the new face of InfoSpace. The Bellevue company, a dot-com darling and survivor, transformed itself yet again with the $287 million purchase of online tax preparation company TaxAct earlier this year. And the addition of that unit is already adding a nice boost to InfoSpace, which Wednesday reported that revenues jumped 124… Read More


Shares of Concur rise after revenues beat expectations

Concur, the Redmond maker of travel and entertainment expense management software, today reported a 28 percent increase in revenue, to $108.4 million, for its fiscal second quarter ended March 31. Non-GAAP net income came in at $18.5 million. CEO Steve Singh called the results “exceptionally strong,” leading the company to raise its outlook for revenue and… Read More


Expedia sees room nights rocket 24% year-over-year

That hotel room you booked in Cabo may have just helped pay for office space in Bellevue. Expedia has released its financial results for the first quarter of 2012. And perhaps in an indication of how the broader travel industry is recovering from the depths of the recession, the Bellevue-based company highlighted that room nights booked… Read More

amazonlogo How low can this company’s profits go?

With its roots in online retail, isn’t a traditional technology company, which means that its profit margins are much lower than many others in the tech sector. But as the company prepares to release its quarterly results on Thursday afternoon, it’s increasingly testing the patience of investors looking for a better bottom line. Amazon… Read More


Microsoft beats estimates as most divisions see growth

Microsoft just posted revenue of $17.41 billion for the quarter ended March 30, up 6 percent. Earnings per share were 60 cents, down slightly from the same quarter last year but still enough to beat the consensus of Wall Street analysts. Four of the company’s five divisions posted increases in revenue. Only the Entertainment &… Read More


Microsoft earnings coming up: Modest expectations during buildup to Windows 8

Microsoft will report its quarterly earnings Thursday afternoon, and Wall Street analysts and investors will be listening closely for any new hints about the company’s plans for Windows 8, and for clues about the future of the PC market. Some good news for Microsoft: Worldwide PC shipments increased slightly during the quarter, surprising technology analysts… Read More


Bsquare revenues fall 15% as Asian expansion continues

Revenues at Bsquare tumbled 15 percent during the fourth quarter after the Bellevue company’s third party software sales were hurt by the loss of a significant Microsoft Windows Embedded licensing customer and lower purchasing volumes from several other customers. Bsquare, which helps mobile device makers test their equipment, reported revenues of $23.3 million and a net loss… Read More


Clearwire tops 10M customers, continues to pile up losses

Clearwire Corp. said Wednesday that it was one of the fastest growing telecommunications companies in the country last year, reporting revenues that jumped 143 percent to $1.25 billion. Wholesale revenue — in which the company resells access to its high-speed wireless network — represented $493 million of the company’s revenue. The Kirkland company, which lost $236… Read More


Shares of Zillow jump as revenue more than doubles

Shares of Zillow rose nearly three percent Wednesday after the Seattle online real estate company posted strong financial results for the fourth quarter and full year 2011. The company — which now describes itself as the “leading real estate information marketplace” — reported revenue of $19.9 million during the fourth quarter, an 108 percent increase over… Read More


Expedia shares slump after revenue grows by seven percent in Q4

Shares of Expedia fell more than seven percent in after hours trading after the Bellevue online travel company reported fourth-quarter and year-end results that disappointed Wall Street. Marketing, administrative and technology expenses all rose during the fourth quarter, a period in which Expedia spun off its TripAdvisor unit into a separate company. Selling and marketing… Read More


Coinstar buys NCR assets for $100M, shares soar on Redbox sales growth in Q4

It has been a very busy day at Coinstar. The Bellevue maker of coin-counting machines already announced a strategic partnership between its Redbox video rental business and Verizon. Now, the company has released strong financial results for the fourth quarter along with the purchase of assets from NCR’s entertainment business. The asset purchase includes Blockbuster Express… Read More


How much bigger is Apple? New site counts the many ways

After Apple reported its blockbuster $46 billion revenue quarter last week, we had a bit of fun here at GeekWire with the headline: “Apple posts three Yahoos, two Googles and a Microsoft.”  Turns out, we weren’t alone in trying to put that massive amount of money in perspective. Western Washington University student Nicholas Quinlan and… Read More


Howard Schultz: How Twitter and Facebook are saving Starbucks money

Starbucks just turned in a record quarter, posting $3.4 billion in revenue and the highest quarterly earnings in the company’s history. And how did the ever-expanding coffee company do that amid what CEO Howard Schultz termed a “seismic change” in consumer behavior following the “cataclysmic” recession? Well, having 40 million fans on Facebook and two… Read More


Apple posts three Yahoos, two Googles and a Microsoft

How powerful is Apple becoming in the tech industry? Well, take a look at the impressive quarter that the iPhone and iPad maker just reported, posting quarterly revenue of $46.33 billion. That’s the biggest quarterly revenue haul ever by a technology company. We wanted to put the number in a bit of perspective, so we… Read More


F5 shares jump after revenues surge 19.9% to $322 million

F5 Networks, whose software and hardware products speed the delivery of applications over the Internet, jumped more than five percent in after hours trading following the release of the Seattle company’s first quarter earnings report. F5 posted revenue of $322.4 million, up 2.5 percent over the previous quarter and a 19.9 percent increase over revenue… Read More


Marchex rings up revenues on call advertising growth

Marchex placed a significant bet two years ago that the phone call wasn’t dead. Now, the Seattle online advertising company is experiencing growth in that business, reporting today that revenues increased to $39.9 million during the third quarter, up from $24.2 million for the same period last year. Net income was $1.2 million, which compared… Read More