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


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


Amazon.com: How low can this company’s profits go?

With its roots in online retail, Amazon.com 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