Tag Archive for revenue

Daily Crunch: Facebook is still growing

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1. Facebook reserves $3B for FTC fine, but keeps growing with 2.38B users in Q1

A massive penalty hangs over Facebook’s head, but it otherwise had a very strong Q1 earnings report. The company reached 2.38 billion monthly users, up 2.5 percent from the previous quarter, and it pulled in $15.08…

Microsoft joins Amazon and Apple in $1 trillion club

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Microsoft is now part of an exclusive club: $1 trillion dollar companies. 

On Thursday, the company’s stock price opened at $130 per share, bringing its total market cap (the price of all of its shares combined) to over $1 trillion. It’s the third company to achieve this somewhat mind-bending milestone, following Apple, which hit the mark in August 2018, and Amazon, which earned that valuation in September 2018.

Snapchat revives growth in Q1 beat with 190M users

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 when it plateaued, but still down from 191 million a year ago. Snap added as many users in Q1 as in the past five quarters combined in part thanks to its newly reengineered Android app. Snap saw $320 million in revenue and -$0.10 non-GAAP EPS, beating Zack’s consensus estimates…

Twitter Q1 flies past estimates with sales of $787M and EPS of $0.25, but MAUs drop to 330M

Social networking and media platform Twitter today reported its results for the first quarter of the year, and it’s a strong one. The company said that revenues came in at $787 million, up 18 percent on a year ago; with net income of $191 million and earnings per share of $0.25. However, monthly active users continue to paint a challenging picture (no surprise that MAUs are a dying metric for the company). Twitter says MAUs were 330 million in Q1, a drop of 6 million users compared to a…

Snapchat revives growth in Q1 beat with 190M users

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 when it plateaued, but still down from 191 million a year ago. Snap added as many users in Q1 as in the past five quarters combined in part thanks to its newly reengineered Android app. Snap saw $320 million in revenue and -$0.10 non-GAAP EPS, beating Zack’s consensus estimates…

Twitter Q1 flies past estimates with sales of $787M and EPS of $0.25, but MAUs drop to 330M

Social networking and media platform Twitter today reported its results for the first quarter of the year, and it’s a strong one. The company said that revenues came in at $787 million, up 18 percent on a year ago; with net income of $191 million and earnings per share of $0.25. However, monthly active users continue to paint a challenging picture (no surprise that MAUs are a dying metric for the company). Twitter says MAUs were 330 million in Q1, a drop of 6 million users compared to a…

Tinder becomes the top-grossing, non-game app in Q1 2019, ending Netflix’s reign

For the first time in years, Netflix is no longer the top grossing, non-game mobile app. Instead, that title now goes to dating app Tinder. The change in position is not surprising, given Netflix’s decision in December to stop paying the so-called “Apple tax.” That is, it no longer allows new users to sign up and subscribe to its service through its iOS application.

The change was said to cost Apple hundreds of millions in lost revenue per year, given that Netflix’s app had been the…

Why the hell is The Daily Caller ‘fact-checking’ for Facebook?

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Nothing goes together like “fact checking” and “Tucker Carlson,” right?

Facebook has a new fact-checking partner, Axios first reported Thursday: CheckYourFact.com, the fact-checking arm of The Daily Caller, a right-wing website founded by conspiracy theorist peddler Tucker Carlson.

CheckYourFact.com describes itself as “editorially independent” from The Daily Caller. Its funding comes from The…

Why the hell is The Daily Caller ‘fact-checking’ for Facebook?

TwitterFacebook

Nothing goes together like “fact checking” and “Tucker Carlson,” right?

Facebook has a new fact-checking partner, Axios first reported Thursday: CheckYourFact.com, the fact-checking arm of The Daily Caller, a right-wing website founded by conspiracy theorist peddler Tucker Carlson.

CheckYourFact.com describes itself as “editorially independent” from The Daily Caller. Its funding comes from The…

Why the hell is The Daily Caller ‘fact-checking’ for Facebook?

TwitterFacebook

Nothing goes together like “fact checking” and “Tucker Carlson,” right?

Facebook has a new fact-checking partner, Axios first reported Thursday: CheckYourFact.com, the fact-checking arm of The Daily Caller, a right-wing website founded by conspiracy theorist peddler Tucker Carlson.

CheckYourFact.com describes itself as “editorially independent” from The Daily Caller. Its funding comes from The…