earnings

This afternoon Google suggested that three of their earlier stage products were under "tight governance." These products were Fiber, Google Life Sciences, and Nest - all products which the company suggested weren't about to be big cash sources for the company any time soon. Meanwhile Google's confidence in mobile was unabated - this Android-based part of their company was doing extraordinarily well, so said both Ruth Porat, Chief Financial Officer for the company, and Omid Kordestani, Chief Business Officer for the company.

Continue Reading

Sometimes success can be too much of a good thing, leading to perhaps an overestimation of one's capabilities. That may seem to be the case for Samsung, who just posted its earnings guidance for the second quarter of the year. Despite the Galaxy S6 and S6 edge's popularity, the company has failed to rebound, showing yet again disappointing figures. The root cause, it seems, was the Korean manufacturer's mistake in judging demand for its flagship smartphones, leading to loss in sales and surplus in supplies.

Continue Reading

It's that time of year again when companies are handing out their report cards for the first quarter of the year. Considering how Samsung has been having a bit of trouble in that subject, it is interesting to see how well it fared this time around. Although it's not out of the woods yet, the good news for Sammy's fans is that the company's earnings are finally showing some positive numbers and the future looks a little less bleak. But it's not all because of the Galaxy S6.

Continue Reading

Twitter has announced their quarterly earnings, and it’s a mixed bag. While they’ve got plenty of positive things to say, and the upside is huge, the social service once again lost money. For Q1 2015, Twitter reports they had a net loss of $162 million, but revenue of $436 million, up 74% year-over-year. A positive rise, but ultimately short of their $440-450 million estimate. Through non-GAAP EPS of $0.07 (analysts expected $0.04), Twitter stock dropped hard, and is currently down almost 20%.

Continue Reading

T-Mobile might just be the third largest carrier in the United States. Their recent earnings report gave interesting insight on the goings-on within T-Mobile, with their customer count being something we’ve been watching grow over time. In Q1 2015, T-Mobile added 1.8 million customers (net additions). With regard to postpaid, T-Mobile added 1.1 million new customers, which is their third straight quarter with over one million new customers, and may possibly position T-Mobile as the third largest carrier in the US.

Continue Reading

T-Mobile’s Uncarrier approach might be welcome for consumers, but on a corporate level — it’s hit and miss. Quarterly earnings calls from T-Mobile typically result in customer gains, but overall net loss where it counts. In reporting their Q4 2014 results, T-Mobile gave us all reason to once again believe Uncarrier will work, as they’ve announced $101 million net profit. Taking into account their last overly positive quarter, Q2 2014, T-Mobile is in the black for 2014 to the tune of $247 million.

Continue Reading

When a company reports their earnings, we tend to marvel at the amount they brought in (or didn’t). From there, not much seems to happen, at least in view of the public. Reddit recently announced they pulled in $8.3 million in ad revenue during 2014. That’s interesting enough news, but what they’re doing with it is even more interesting. After their big win, Reddit is paying it forward, and will donate 10% of their ad income to charity. Best of all, you can help decide where the cash goes.

Continue Reading

Today, Twitter posted their fourth quarter earnings, and have quite a bit to be proud of. With 4479 million in revenue and a $79 Non-GAAP profit, the microblogging social network has nothing to be ashamed of. Versus this time last year, Twitter’s quarterly revenue is up 97%. Still, everyone is down on Twitter, notably because they didn’t grow as expected. With just over 4 million new users in their fourth quarter, Twitter’s quarterly growth was only 1.4%, which is causing some concern on Wall Street.

Continue Reading

Sony’s latest earnings report wasn’t bad news, as you might have expected. In fact, it was their best earnings announcement in quite some time, even with the crippling hack, which cost them $15 million. Across the board, Sony was up, and shipped more Xperia smartphones than they ever have, and moved a lot of PlayStation 4s. Sony also experienced growth in sales of sensors. Still, Sony is primed to lay off several thousand by the end the financial year, which closes in March.

Continue Reading

Google's Chief Financial Officer Patrick Pichette spoke up this afternoon during the company's Q4 2014 earnings call about Glass. Briefly mentioning Glass as an example of a project that needed to "take a pause", Pichette continued by suggesting that Google sometimes does have to "take the tough calls." He didn't say the company would be closing shop on Google Glass, but he got just about as close to saying such a thing as he could without the media making the call - and they still just might.

Continue Reading

During Google's Q4 2014 earnings call this afternoon, the company's Chief Financial Officer Patrick Pichette spoke about the many ups and downs of the past three months. In explaining the downs of this past quarter, Pichette spoke of two points in particular. One was the Exchange Rate between the United States and international consumers. The other reason Pichette gave for Google not hitting goals they'd set for themselves was the less-than-stellar supply they had with the Nexus 6. Pichette also mentioned Google Glass, as it were, as an example of what Google does when a project doesn't work.

Continue Reading

Google has just announced their Q4 2014 earnings, boasting $18.1 billion in revenue, up 15% form the same quarter last year. The company also had net income of $4.76 billion, up 40% from a year ago. $3.38 billion in profits happened in Q4 2014 as well. Still, those impressive earnings fell short of expectations, where analysts picked Google to hit $18.4 billion in revenue and earnings per share of $7.11. Google’s earnings per share ended at $6.88 in Q4 2014.

Continue Reading