‘revenue’ Tagged Posts

At Snap, cost of hosting sets high bar for revenue growth

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At Snap, cost of hosting sets high bar for revenue growth

GoPro revenue plunges 47 percent, but beats estimates

 

GoPro revenue plunges 47 percent, but beats estimates

The company’s shares by 2.4 percent in volatile trading after the bell on Wednesday.

GoPro’s sales fell to $ 220.8 million in the second quarter ended June 30 from $ 419.9 million a year earlier.

Analysts on average expected revenue of $ 194.3 million, according to Thomson Reuters I / B / E / S

This is some 20 percent lower than the estimate on May 5, when GoPro announced first quarter results and delayed the introduction of its Karma pounding until the holiday season.

The company’s camera is worn by surfers, jumpers and other action-addicts, said controlled units in the second quarter rose 8 percent to 759 000 compared to the first quarter.

The average selling price is 11 percent sequentially and 14 percent on a year-over-year basis.

GoPro however maintained its full-year earnings guidance of $ 1350000000 to 1500000000. $ Analysts on average expected revenue of $ 1340000000.

GoPro has a loss of $ 91.77 million, or 66 cents per share, for the second quarter compared with a profit of $ 35030000, or 24 cents per share, a year earlier.

excluding items, GoPro lost 52 cents per share in the last quarter, less than analysts estimates of 58 cents.

(Reporting by Ismail Shakil and Anya George Tharakan in Bangalore; Editing by Savio D’Souza)

Yelp revenue beats Street on higher advertising sales

 

Yelp revenue beats Street on higher advertising sales

shares of the company, which allows the website and app users to restaurants and assess a range of other companies, has about 7 per cent at the clock on Wednesday.

San Francisco-based Yelp, which get about four-fifths of its revenue from local advertisers, said the number of local advertising accounts rose about 37 percent to 104 200 in the third quarter.

Analysts expect the company to report 102 500 accounts in the quarter, according to market research firm FactSet Street Account.

Yelp has invested its website as user reviews grow by investing in services such as restaurant reservations, ordering food and supplies.

The company has a net loss attributable to ordinary shareholders value by $ 8.1 million, or 11 cents per share for the quarter ended September 30, compared with a profit of $ 3.6 million, or 5 cents per share, a year earlier.

Revenue increased to $ 143.6 million from $ 102.5 million.

Analysts on average a loss of 9 cents per share and expects revenue of $ 141.4 million, according to Thomson Reuters I /. B / E / S

Wednesday close of $ 22.07, is necessarily Yelp stock markets this year fell almost 60 percent

(Reporting by Kshitiz Goliya in Bangalore; Editing by Robin Paxton ).

Zynga posts smaller 4Q net loss, flat revenue

 

NEW YORK (AP) รข?? Business online games Zynga said its loss reduced in the last quarter, although revenues largely unchanged by the company cut costs by laying off employees, closing offices and stop the older games.

results exceeded Wall Street expectations and shares offer muted Zynga Inc. rose 8 percent in after-hours trading after the publication of the results. After a difficult 2012 which Zynga its stock could fall 75 percent, CEO Mark Pincus called 2013 a “transition year hinge” for the company, which aims to further reduce costs and expand the sources of income, especially mobile games.

The San Francisco company behind “FarmVille” and “CityVille” has lost $ 48.6 million, or 6 cents per share, for the period from October to December. This compares with a loss of $ 435 million, or $ 1.22 per share in the same period a year earlier. Zynga started trading publicly on December 16, 2011, and was deprived of most quarter of 2011.

Sales

Zynga has remained largely unchanged at approximately $ 311 million . But it was well above the average analyst estimate of $ 250 million, polled by FactSet.

For the current quarter, Zynga said it expects an adjusted loss of 5 cents to 4 cents per share on revenue of $ 255 1 to 265 million. Analysts expect a loss of 1 cent per share on revenue of $ 268 million.

Zynga fourth quarter cut spending by two-thirds, to $ 274 million $ 798 million, while the demand for the games that are played mainly on Facebook, weakened. In October, the company announced that it would be about 5 percent of the full-time staff of about 3200 employees to cut. He also has 13 games old and closed development studios slain in Boston and elsewhere.

Shares rose 22 cents, or 8 percent, to $ 2.96 in after-hours trading after gaining 18 cents to close at $ 2.74 during the regular session. Zynga shares exchanged $ 2.09 to $ 15.91 in the past 52 weeks.